Coventure Tax Preparation & Related Filings

Taxes are a challenge for all businesses, but we will make it as easy and as painless as possible.

CRA’s internal systems are set-up to track your filing compliance on all accounts.

• Corporate Tax – RC
• Corporate Tax – Personal Services Business
• GST – RT
• Payroll – RP
• Alberta Corporate Tax
• Proprietor tax with business activity
• Personal tax

To minimize the penalties, interest and subsequent audits, get your filings in on time.

COVENTURE PROVIDES

CORPORATE T2 Annual Returns

These include both Federal (and when applicable) Provincial tax Filings

If we are completing your bookkeeping, we will be ready to get your business taxes filed, accurately and on time.

FINANCIAL STATEMENTS

Simplify the information so you can understand where you are

• Notice To Reader
• Profit & Loss Statement
• Balance Sheet

YOUR FINANCIALS ARE YOUR REPORT CARD

• Are you making money or still emerging your business model?
• Let us determine your best course of action to make critical adjustments.

RELATED FILINGS

GST

• Is your business registered to report: Monthly, Quarterly or Annually?
• Make sure that the correct information is included and never miss these deadlines.

T5018s

• Annual statements to report your payments to subcontractors and construction trades

T4 and T4 SUMMARY 

• We prepare individual payroll returns as well as the annual payroll summary of payments to all of your employees. We ensure that applicable deductions and contributions properly reconcile with your payroll remittances.
• Other payroll relating filings include: (T4As, T5s, T5 SUMMARY & T3s)
• Due at the end of February each calendar year, this requires that bookkeeping be fully completed to the previous December.

PROVINCIAL TAX

• Timely reporting of PST & other related provincial filings.

WCB & WORK SMART ANNUAL RETURNS

• Don’t compromise your Worker’s Compensation coverage and clearance status by not getting your filings in on time.
• Both WCB and WORK SMART have the ability to interrupt you operation by seizing your accounts for outstanding.

T1 PROPRIETORSHIPS 

• Statement of Business Activities

T1 PERSONAL TAXES

Your personal taxes come from what you have paid yourself from your business. Make sure that these are recorded and filed correctly to include everything necessary.

• Rental Properties
• Disability returns
• OAS, CPP and other related pension returns
• Investments, RRSPs and other income

T1 DATE OF DEMISE (FINAL RETURN)

• Coventure clients can be assured that their loved one’s final tax return(s) are completed and shared, “with consent” with the executor, POA and other legal counsel representing the deceased.
• This is a difficult time and minimizing the stress to the executor on managing the estate is a small comfort that we are pleased to provide.