Just $1299 for New Clients
Minimize Your Corporate Tax Bill This Year With
Canada's Best Corporate Accountants
Join Our Hundreds of Corporate Clients In Paying The CRA Less This Year
Book A Free Consultation
The Profit Financial Services Process
Keeping Your Business's Financials Sound
Strategy
Every great business does not wait until the last minute to figure out their taxes. We help you plan a year-round strategy that will ensure you pay the minimum amount of tax, get the most back on your corporate return, and have no trouble with the CRA.
Execution
Even with the best strategy, it is easy for us to get sidetracked as the fiscal year goes on. We ensure that you have year-round support, which ensures you stay on track to achieving your tax goals!
Filing
With a great strategy and proper execution, we ensure that all your filings are prepared accurately and submitted in a timely manner without causing any headaches. Our team of tax experts makes your tax season feel like a breeze!
Stop Overpaying The CRA. Choose Accountants That Save Your Money
Peace of Mind
Having accurately prepared and CPA certified T2 corporate filings ensures you can sleep at night knowing your filings are accurate.
Maximize Deductions
Profit Financial Services will ensure that your business takes as many deductions and credits as possible to reduce your tax bill this year!
Tax Planning
Our team will work with you year-round to ensure that you pay less even less corporate tax in the coming fiscal year!
Avoid CRA Penalties
Our certified tax experts will ensure that your T2 filing is 100% CRA compliant. Helping you to avoid CRA penalties.
Our Complete Business Accounting Suite
Need ongoing and actionable financial insights? Explore our other business accounting services!
Personal Taxes
Only $148
Get more back on your return
Pay the CRA less on your filing
Be audit ready in case the CRA takes any action
Monthly Bookkeeping
Ensure your books are always audit and filing ready
Keep on top of your payroll and payroll deductions
Make sure accounts payable and receivables are on time
Take your time back by offloading your bookkeeping
Ayra
Henry Piatek we have finally found a Bookkeeping Firm that understands that technology plays an integral role in our company's accounting functions. Since that our experiences in business we have a high volume of daily transactions, the need for cloud accounting systems and integrations is paramount to remove the onerous demands of manual data entry for our workflow.
Enjoy A Stress Free Tax Season
Accountants You Will Love
When you work with Profit Financial Services we make your accounting cycle a stress-free and seamless experience. That way you can focus on growing your business, not fixing your books!
2 Year Client Retention
Client Satisfaction
A Glimpse Into Our Business
We Believe Accounting Should Feel Almost Effortless for Our Clients
That's why we strive to provide all our clients with:
A stress free tax season
No late fees from the CRA
No surprise documentation requests
No late nights worrying about your taxes
20
Years serving businesses in Canada
100+
Corporate clients
TESTIMONIALS
What Our Customers Have To Say
"a bookkeeping firm that understand technology"
Henry Piatek we have finally found a Bookkeeping Firm that understands that technology plays an integral role in our company's accounting functions. Since that our experiences in business we have a high volume of daily transactions, the need for cloud accounting systems and integrations is paramount to remove the onerous demands of manual data entry for our workflow.
- Ayra - Owner-LAC Convention Centre
"I highly highly highly, recommend working with Henry."
We're huge fans of Henry and the folks at Profit Financial Services Inc. They set up our books, finances, and other operations, and are constantly organized and on top of things. As a startup, you have to focus on your product and customers, and Profit Financial Services Inc takes care of everything else (which is a massive sign of relief). I highly highly highly, recommend working with Henry.
- Pawel Kuntsman - Founder, Evidence Prime
"I strongly recommend Profit Financial Services Inc"
I strongly recommend Profit Financial Services Inc. to any/all small business owners. Their assistance with Quickbooks Online bookkeeping services (and beyond) has literally changed my life and the financial health of my business. I started working with Henry and his team in late 2016 after working with two other bookkeeping/accounting companies that were not meeting my needs. Since working with Profit Financial Services Inc, l've been able to focus more time and energy on operations & growing my business, I love them.
- Leah S - Surreal Homes Inc.
You ARen't the first to ask these
Frequently Asked Questions
What is the Corporate Tax Rate?
The federal corporate tax rate is 9% and Ontario's provincial corporate tax rate is 3.2%. Combined, corporations in Canada pay 12.2% in corporate taxes.
How Should I Prepare for Tax Season?
Realistically, tax preparation should be taking place year-round so that you can enjoy a stress-free tax season. Tax preparation starts with a good filing system. Create one for your business records that works for you. Keep clear records of anything your business may be eligible for as a deduction and any expenses that are important to note. Knowing what you’ll need a year in advance can be a little difficult, so we recommend speaking with an accountant.
How Should I File My Taxes?
Income tax season can seem like a nightmare for some businesses, but it doesn’t have to. With proper tax preparation throughout the year, knowing when and what your business needs to file, and with a little help from an accountant, filing your taxes can be simple. Ready to make tax season easy? Get in touch today.
How Do I Calculate Capital Cost Allowance?
Capital cost allowance (CCA) allows Canadian businesses to claim depreciation expenses for capital assets under the Income Tax Act. How much CCA you can claim each year depends on when you acquired the property and the CCA class to which it belongs. The CRA has assigned classes to particular types of depreciable property, and there are assigned rates for each class.
Can I File My Own Corporate Taxes in Canada?
All resident corporations must file a T2 return for every tax year, even if no tax is payable. This includes non-profit organizations, tax-exempt corporations, and inactive corporations. Profit Financial Services can take the headache out of filing your corporate income tax return by either letting us act as your corporate tax accountant or by providing corporate tax services to ensure you file a corporate income tax return that triggers the least amount of corporate tax payable.
