+1-905-604-9058 info@wsfgroup.ca Mon - Fri 10:00-18:00
Wealth Solutions Financial > Our Services > Accounting & Tax Solutions

Accounting & Tax Solutions

We appreciate that every client has distinctly different requirements. Tell us about yours.


Our team provides a complete range of accounting services for individuals, their businesses, corporations and nonprofits in these areas:

  • Financial statement preparationAudit / Review / Compilation (Notice to Reader)
  • Tax planningIdentification of opportunities and prevention of issues / Restructuring
  • Tax complianceCorporate, personal, trusts and estates
  • Outsourced accounting services
  • CFO duties
  • Bookkeeping & payroll Services – Learn more via this link
  • Commodity tax / Harmonized Sales Tax
  • Succession and estate planning


Tax is one of the most complex and challenging aspects of accounting. Our tax specialist team will protect your earnings and safeguard your assets. Our clients will receive full service solutions for their personal and corporate needs.

For individuals, business owners, and corporations our advice is practical and proven. We assist clients with income taxes, estate and succession planning, as well as numerous other income tax issues. Our strategies include trusts and alternative structures tailored to our clients’ diverse and complex requirements.

Letters from the CRA? Late filings? We can help. Our team has negotiated many tax settlements with the Canada Revenue Agency on behalf of our clients. So if you have trouble with CRA or not filed taxes in previous years and need to catch up, call us for expert help.

We provide services in the following areas:

  • Corporate and personal tax planning
  • Identification of opportunities and issues
  • Cross border issues
  • Transfer pricing
  • Mergers, acquisitions and reorganizations
  • Strategic estate and succession planning
  • Tax compliance
  • Corporate, personal, trusts and estates
  • Tax consulting
  • Harmonized Sales Tax (HST)

Audit & Assurance

Do you want more confidence in the financial and operational health of your organization?

Non-profit organizations and businesses require timely and accurate financial report for decision making purposes. Whether you’re a business owner, CEO, CFO, Controller or Board Member, we can provide guidance and services to assist you with your financial report requirements. Talk to us for a free cost benefit analysis on whether an audit or review is something you should consider.

Does your Business Really Need an Audit or a Review?

Business owners and organizational leadership may require an audit or review for the following reasons:

  • when planning for a new business venture
  • when seeking financing or when a current lender requires a financial statement
  • for retirement planning or the sale of a business
  • to meet a statutory or contractual requirement
  • to establish monitoring procedures

What are the Benefits of an Audit or Review?

Depending on your situation there are different engagements and with our professional help we can find the best return for you. Common benefits that will give you a good return on your investments are:

  • increasing financial reliability and integrity
  • the ability to negotiate financing or improved financing terms with lenders
  • peace of mind for business or organization stakeholders (investors, bankers, owners, leadership or board members)
  • higher business sale value (if you are intending to sell your business)
  • improved operational efficiency
  • improved shareholder relations
  • assessment of staff / employees so that training can be provided if needed
  • opportunities for cost savings

Business Advisory

Our clients are all in different stages of their business cycle: start up, growth, or in transition due to retirement. Depending on the stages and challenges you are facing, we can offer advice based on first-hand experience with business financials and planning. We’ll tailor our service to your needs, bring in our full service team, and support you when you need us.

Our business advisory services include:

  • Management advisory
  • Financial modelling
  • Business financing
  • Mergers and acquisitions
  • Corporate structuring and restructuring
  • Reorganizations
  • Divestitures
  • Due diligence
  • Cash flow projections
  • Exit, retirement and succession planning

Bookkeeping Services

Business Owners: Are you ready to save time and add a strong supporting network to your business?

Our bookkeeping services include:

  • an experienced, certified team with CPA oversight
  • a proven technology platform
  • monthly advisory and financial reporting
  • a world-class service rating

We provide bookkeeping services that are fully customizable and scalable based on your changing requirements no matter what business you have. Your organization’s shareholders will always have timely information and current financial reporting.

Bookkeeping Packages Can Include:

  • Correct set of up your Chart of Accounts
  • Bank / Credit Card Reconciliations
  • HST Recording and Remittance
  • Payroll Services
  • Payroll Filings
  • Financial Statements (for your personal records)
  • Year End Support: Includes working papers and support for the preparation of your year-end financials
  • Consultation with a Chartered Professional Accountant (CPA) for business advisory
  • Data migration from older software applications into QuickBooks Online
  • Wholesale pricing on your QuickBooks Online accounting software
  • Set up and training on bookkeeping technologies
  • 24 Hour (or better) response time
  • Accounting services like year-end financial statements, corporate and personal tax return

Estate Planning

From now until 2020, statistics estimate an unprecedented 70% of Canadian business owners will be in a position to retire. Of those surveyed, 50% admit they are unprepared for succession in their companies. Changes and uncertainties can erode business value so it’s critical to get the right advice well in advance of your business sale.

For those who would like to sell their business or plan their retirement, our services include:

Business Transition:

  • Business valuations to identify the value of your business
  • Strategic planning and strategies to maximize value in your business
  • Tax compliance, tax efficiencies, tax planning
  • Asset protection techniques including trusts, estate freezes, and tax rollover elections
  • Consulting to ensure the correct steps to buy, sell or transition ownership of a business
  • Analysis of risk factors, and ways to mitigate risk factors
  • Compensation and shareholder agreements
  • Timing, costs and common issues that can arise during transition
  • Profit sharing plans & pensions for retiring and new owners

Retirement & Estate Planning:

  • Pension planning
  • Tax issues for snowbirds and those living in the US or outside of Canada (cross border)
  • Estate administration and freezes
  • Family trusts
  • Advice on selection of wealth manager and diversification of investments

Our Services

Need Help ?

Please feel free to contact us. We will get back to you with 1-2 business days. Or just call us now


Get A Quote

Share This