Services:
 

Taxation

While death and taxes may be the only certainties in life, we can ensure that you take full advantage of the income tax rules to minimize the amount of taxes you pay. At Gray & Associates we provide the following tax services:

Personal Taxation Services:

  • Preparation of personal income tax returns

  • Personal income tax planning

Business/Corporate Tax Services:

  • Corporate tax planning and restructuring

  • Preparation of T2 corporate income tax returns for incorporated businesses

  • Preparation of T4 summary and T4 slips for employee wages

  • Preparation of T5 summary and T5 slips for dividends and interest payments

  • Preparation of T2125 form for unincorporated businesses

  • Preparation of T5013 for partnerships

  • Preparation of T5018 for payment to subcontractors

  • Assistance with Scientific Research and Experimental Development claims

Trust Tax Services:

  • Planning to utilize a family trusts

  • Preparation of T3 trust income tax and information returns for family trusts, alter ego and joint partner trusts

We maintain and advance our knowledge of Canadian taxation through the attendance of professional development courses sponsored by the Institute of Chartered Accountants of B.C. and through the review of documentation and guidelines released by the Canada Revenue Agency.

Accounting and Financial Statements

Gray & Associates provides traditional accounting services to several small businesses.  We also deliver outsourced real-time accounting solutions to owner-managed businesses and small to medium sized businesses ("SME's").  Utilizing the latest technology, we can provide you with timely and relevant financial information to help you make better business decisions.  Outsourcing your accounting function to Gray & Associates will allow you to focus on your business and is more efficient than employing an in-house bookkeeper.

Consulting

Our team can work with you to provide solutions to your business problems.  We are able to assist in strategic planning, preparing business plans and projections, and assessing your control environment for significant weaknesses.  We can also point you in the right direction for website development and e-commerce solutions.

Assurance Services - Review Engagements & Audits

A review engagement or audit may be required by a creditor such as a bank or by a public stock exchange to maintain compliance with its listing requirements.  It may also be a good idea to engage a professional to provide assurance services in instances where there are several inactive shareholders.  Assurance services provide support that financial statements are free from material misstatement.

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