Accounting

Accounting is the medium of communication for all businesses, no matter their size. All stakeholders including Canada Revenue Agency demand reliable and accurate financial reporting. Accurate financial reporting is critical to owners and lenders to ensure financial transparency, minimize tax obligations, mitigate business risks, make better decisions, and perform business planning.

Our Toronto accounting office is here to assist you in achieving your goals! We will compile your corporation’s financial statements with a chartered professional accountant’s report, which can be used for banks, other lenders, investors, etc.

We offer accounting services through the year, provide payroll services, and complete year-end accounting work. We will work closely with your bookkeepers or internal accounting department.

Mirza CPA is focused on highest quality accounting and financial reporting services, helping our clients’ stay on top of their company’s accounting and financial activities. We ensure that all stakeholder and regulatory requirements are met, deal fairly with complex accounting transactions, and implement the latest in accounting standards changes.

Our accounting services include:

•financial statements compilation
•accounting services through the year
•payroll services
•year end accounting work

Tax AdvisorY

As a chartered professional accounting office in Toronto, we focus on each client individually and assess your needs and objectives. All corporations in Canada must file their income tax returns annually. We ensure that we minimize your tax liabilities within the relevant framework of the Income Tax Act.

The goal of professional tax advisory services is to ensure compliance, manage your risk, and maximize business value for future growth. Every business has distinct income tax obligations, and with the ever changing legislation requirements, we stay on top of it all.

At Mirza CPA, we have the expertise and knowledge with almost 20 years of experience, and we will use this knowledge and experience with integrity to provide you with solutions for all your tax needs. We are available for advice at any time during the year. Tax advisory services include:

• federal and provincial tax planning and preparation
• advisory on tax implications of proposed transactions
• corporation tax return compilation
• HST returns compilation and related matters
• rental incomes and tax planning
• US tax compilation (1040 / 1120F)
• assistance with tax reviews and audits
• compliance services

Consulting

Whether you are a start-up or an established business, we can help you identify business risks and then create a plan to mitigate them. We can assist you with streamlining your business processes and improve productivity, complete budgeting and forecasting, review accounting systems and internal control procedures, devise an organizational plan for implementation, and help with business succession planning.

After assessing the current processes and structures, we will provide you with a tailored plan where your goals and objectives are met with clarity. Each business requires a unique consulting approach at various stages. We offer a competitive advantage that can help you save money and keep more of it in the long run. Our holistic approach is essential to any company looking to grow.

At Mirza CPA, we use our vast experience in the industries that we serve to ensure that we understand your management advisory requirements and desires and then devise a customized plan to ensure long term needs are met. We offer the following consulting services:

• corporation registration
• professional corporations
• advice on buying or selling a business
• advisory on major transactions
• cross border transactions
• management consulting
• business succession planning

Private Clients services

Our private clients services practice has vast experience in substantially all areas of tax, compliance, investments, compensation structures, retirement planning, estates, trusts, and gift or charitable giving. We always listen and understand the unique need and objectives of our clients before formulating a tailored strategic plan.

Everyone has unique personal tax situation. We assist you achieve compliance while benefiting from all available credits and deductions. The strong personal tax strategic plan that we devise and implement is based on your individual circumstances. We pride ourselves in taking a proactive approach to personal tax planning for you, your family, and your business.

Tax planning and compliance for investments including your assets and incomes generated from them, is vital. We assist you in structuring these investments in the most suitable way based on your tax situation.

At Mirza CPA, we strive to foster and strengthen personal relationships with our clients. Our priority is to understand your unique financial situation, which enables us to devise the best plans and help you implement it. Private clients have a variety of demands including the following:

• personal tax compliance
• personal income tax planning
• holdings and investments
• rental incomes
• cross border tax planning
• US tax preparation
• non-residents
• wills and estate planning
• estate trustee administration
• holdings corporations

Additional Services

Mirza CPA is a unique accounting firm located in Toronto. We provide advisory services and consulting on several matters related to accounting and tax. All such advice is customized to your specific circumstances and requires a great deal of expertise and strategic thinking.

In addition to traditional accounting and tax advisory services, we provide the following:

• financial forecasting
• HST rebates for new real estate construction
• controllership services
• assistance with mergers and acquisitions
• commissioner of oaths attestation services