Integrated Accounting, Tax & Advisory
FWS provides coordinated accounting, tax and advisory support for individuals and owner-managed businesses. Choose the service area that fits your needs, or speak with us about an integrated engagement covering accounting, compliance and planning.
Full-Service Accounting
Full-Service Accounting brings the day-to-day financial work of your business into one coordinated engagement. Instead of managing bookkeeping, payroll, GST/HST and reporting through separate providers, you receive organized records, timely compliance and useful financial information from one CPA-led firm.
• Bookkeeping and bank and credit-card reconciliations
• GST/HST returns and compliance tracking
• Payroll processing, CRA remittances and year-end slips
• WSIB reporting and employer compliance
• Monthly or quarterly financial reporting
• Coordinated year-end and corporate tax support
• QuickBooks Online setup and workflow guidance
Integrated Compliance & Reporting
Compliance works best when it is built into the accounting process. We coordinate recurring filings and year-end obligations so deadlines, supporting records and reporting stay aligned.
• GST/HST filings and compliance tracking
• Payroll calculations, remittances and year-end slips
• WSIB reporting and employer compliance
• T4, T4A and T5 information returns where applicable
• Year-end schedules and supporting records
• Coordination with corporate tax filing and planning
Reporting & Business Insight
Accurate records become more valuable when they are translated into useful financial information. We prepare year-end reporting and, where applicable, financial statements or compilation engagement materials needed for tax filings, lenders and other stakeholders.
We can also provide management reporting that helps you understand cash flow, profitability and emerging issues—so financial information supports decisions throughout the year, not only at tax time.
Personal Tax Returns
Personal income tax can be complex, and errors or missed deadlines may lead to reassessments, interest or penalties from the CRA. We prepare accurate, timely returns, identify available deductions and credits, and explain the result in clear language.
Corporate Tax & Planning
Corporate compliance and planning should be considered together. FWS prepares T2 corporate income tax returns, coordinates year-end requirements and helps owner-managers understand the tax impact of important business decisions.
• T2 corporate income tax returns
• Year-end tax planning and instalment guidance
• Salary, bonus and dividend planning
• Shareholder loan and corporate tax account review
• Tax elections and loss utilization considerations
• Practical advice for growth, financing and succession decisions
Estates & Trust Tax
Estate administration and final tax filings can involve multiple returns, elections and deadlines. FWS helps executors and families organize the tax side of the estate and communicate clearly about what is required.
• Final T1 returns and optional Rights or Things returns
• T3 estate and trust returns
• Graduated rate estate and trust reporting
• Clearance certificate applications
• Non-resident beneficiary slips and reporting
• Coordination of estate income, distributions and supporting records
CRA Reviews & Representation
CRA correspondence can be time-consuming and stressful, particularly when the request is unclear or deadlines are approaching. FWS reviews the issue, organizes supporting documents and communicates with the CRA on your behalf where authorization permits.
• Processing and pre-assessment reviews
• T1 and T2 adjustment requests
• Income tax and GST/HST audits
• Reassessments and objection support
• Payroll and GST/HST account matters
• CRA correspondence, follow-up and account resolution