Expert Accounting and Tax Services for Charities and Not-for-Profit Organizations in Canada
BOMCAS Canada offers expert accounting and tax preparation services for charities and not-for-profit organizations, helping them maximize funding and comply with regulations. We offer a range of services including financial statement preparation, tax filing, and compliance consulting.
Maximize Funding and Minimize Taxes with BOMCAS Canada's Not-for-Profit Accounting Services in Canada
At BOMCAS Canada, we understand the unique accounting and tax needs of charities and not-for-profit organizations. We offer a wide range of services to help your organization manage finances, stay compliant with regulations, and maximize funding.
- Financial Statement Preparation: Our team will work with you to prepare accurate and timely financial statements that provide a clear picture of your organization's financial position. We will also ensure that your statements are in compliance with all relevant accounting standards.
- Bookkeeping: Our bookkeeping services include maintaining accurate financial records, reconciling bank statements, and tracking income and expenses. We use the latest software to ensure that your records are up-to-date, accurate, and easily accessible.
- Payroll: We will help you set up and manage your payroll, including calculating and withholding taxes, and filing all necessary returns.
- Tax Planning and Optimization: We will work with you to develop a tax plan that minimizes your organization's tax liability and maximizes funding. This includes identifying potential deductions and credits, and ensuring compliance with all relevant tax laws and regulations.
- GST/HST Compliance: We will help you navigate the complex rules surrounding GST/HST compliance, including registering for a GST/HST number, filing returns, and claiming input tax credits.
- R&D and SRED Tax Credit: We will help you take advantage of R&D and SRED tax credit opportunities to maximize your funding and minimize your tax liability.
- Business Plan Development: Our team of experts will work with you to develop a comprehensive business plan that outlines your organization's goals, strategies, and financial projections.
- Consulting and Partnership: Our team of experts will work with you to identify and pursue opportunities for partnerships and collaborations that will help your organization achieve its goals.
- Incorporation Services: We will help you incorporate your charity or not-for-profit organization, ensuring that all necessary paperwork is completed and filed correctly.
At BOMCAS Canada, we are committed to helping charities and not-for-profit organizations achieve their goals and make a positive impact on their communities. Our team of experts will work with you to ensure that your organization is in compliance with all regulations and laws, while also maximizing funding and minimizing taxes.
Please note that these are the general services provided by accounting firms and it's always recommended to check with the firm before making any final decision.
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