We know that working with an accountant is an investment. We want our small business clients to get the most value possible from us. That means doing the obvious things: getting everyone’s taxes done right and on time and saving them the most money possible.
But there’s more! We can also minimize your accounting fees, keep you organized, and help scale and operationalize your business. Enthusiasm is one of our core values — we love small businesses and learn so much from our clients. That’s why we create blogs and newsletters to share the tips, tools and stories our clients teach us.
Get the latest from our newsletter and blogs
Subscribe to our monthly Survival Guide newsletter – it has our best small business tax advice, answers to your most pressing accounting questions and entrepreneur life hacks. We write regularly about anything that might help small business owners. And our bi-weekly blog goes deep into subjects that matter to your Canadian small business.
We’re about more than taxes
People usually hire us to do their corporate taxes and bookkeeping, but we can do more than that! Hit us up for advice on any significant financial decision you need to make; here are a few examples:
Software application training: We can walk you through setting up and using various apps for small business owners. We’re running a business, too, so we’ve tried out many of them.
WCB annual returns: It’s important to update your WCB profile with any changes to employees or sub-contractors covered under your WCB. The deadline is Feb 28, but we can do it for you.
Corporate annual returns (minute books): If you don’t have a lawyer and want to avoid waiting in line at the Alberta registry, we can take care of this for you. We will update your minute book with your return and your financial statements. However, your first choice for this service should be your lawyer.
Tax planning: We’ll help you make decisions about when and how to pay yourself, managing tax brackets over the long term so you minimize taxes. Structuring your corporation and financial analysis for major decisions is also something we can help out with.
Preparing loan documents: Getting these documents together can be a real pain. We can help with all the tax returns, financials, projections, business plans and personal net worth statements.
Business valuation: Small business owners need to value their businesses for many reasons, including selling or buying a business, succession planning, divorce, estate planning, partner buy-out or buy-in, raising money, restructuring and amalgamations. We can help you value your business or review and comment on another valuation.
Personal taxes: Hire us to do your personal and corporate taxes. You’ll have to upload some documents, review your return and sign. Stress-free tax seasons are a thing.
Small business advisory services: At True North Accounting, your success is our success. That's why our team of expert CPA advisors is committed to being your business partner every step of the way. Whether you need help with financing, reporting standards, valuations or reaching your growth targets, we're here to help you meet your goals.
Our friends are your friends
We have many great business partners and vendors who help our ship sail smoothly. They also help our clients. These folks live and breathe small business. If you’re looking for support for your business, please ask! We may be able to connect you with the right people.
Essential small business tools for 2024
We can help set up your bookkeeping software with the proper organizational and financial data, tax rates and chart of accounts. The conversion balances and locking prior years are also key tasks we can assist with.
Xero is the bookkeeping software we use for our clients. If we do your bookkeeping, we’ll connect your business bank accounts to Xero so that we can reconcile your transactions in real time. You can download the app to your phone, take pictures of receipts, and upload them immediately. We can also help with Quick Books Online (QBO).
Don’t want to do your own payroll calculations every couple of weeks? We can do all the calculations for the year and help set up automated payments to the CRA so that you can forget about it until the end of the year. If you want more self-management, we can set you up on a free payroll program and show you how to use it.
We recommend using MileIQ to stay on top of that mileage log and HubDoc to digitize and organize your files. We have more on the best apps for business owners here.
Want to learn more about how we can support your small business? Book an appointment with us.
Our Chartered Professional Accountant (CPA) professionals are experts in the constantly evolving tax laws and regulations. We can help you with deductions, write-offs, expenses, tax returns, GST filing, etc.
Read more about Corporate Tax topics relevant to you and your small business. Don’t hesitate to reach out — we’re here to help make tax season a little brighter for you.
Like what you hear?
Are you on the hunt for a more proactive small business accountant? That’s us.
