Your Virtual In-House
Accounting Team
When the stakes are high, we are here to help you!
SERVICES
Financially Empowering Individuals & Businesses Across Canada
Individual Income Tax (T1 Returns)
If you are behind on your personal taxes, or just need to file your taxes, we put your best interests first to ensure that we maximize your refunds for each tax year you have outstanding.
Don't worry, this is done with an in-depth knowledge of the available tax credits and deductions offered by the Canada Revenue Agency (CRA) and implemented by the Federal and Provincial Budgets for each tax year you must catch up on.
If you sold a rental property this year, run a sole-proprietorship or partnership business we have your back with that too. We consider the full scope of your business finances and apply experienced tax planning to lower your tax balances.
Our team will help show you the value in equity as opposed to paying someone else's mortgage. We help make dreams, goals, and desires become a reality through first time home ownership or by purchasing another rental property.
Sales Tax Returns (GST/HST), Bookkeeping & Payroll Services
We offer regular bookkeeping, so that you can report your GST/HST to the CRA and stay in conformance with regular filing requirements. Bookkeeping is available to you through QuickBooks. You will be able to access your secure company file online with your electronic device at your leisure. You can analyze customer information or supplier information, track revenues or costs, send invoices, and customers can pay their invoices digitally by visa debit or credit card to your business bank account.
Our regular payroll services can help you stay compliant with the CRA and your employees. We help you report Payroll Liabilities each period to the CRA as well as WSIB. Employees are issued direct deposit and paystubs accurately. We save you money by processing T4 for your employees and T4A for your subcontractors on time. We also manage issuing Records of Employment (ROE).
Incorporations & Corporate Income Tax (T2 Returns)
If you are running a sole-proprietorship and are constantly paying loads in taxes each year, it may be time to incorporate a name or numbered company. The benefit of a corporation over a sole-proprietorship is the tax savings you will have that you can use to reinvest back into your business. Our team will help navigate you through the process of switching from a sole-proprietorship to an Ltd., or an Inc.
If you have a corporation, we ask all the right questions to be able to uncover all the deductions available to you, so that you maximize your write-offs and minimize your tax costs. We also have tools to help you if you are using your personal bank account for business expenses and vice versa. We manage the processing of dividends, and issue T5 slips to shareholders.
We are valued members of anyone's team because we are knowledgeable and experienced CRA representatives who are the first point of contact for you, and/or your business. As CRA representatives, we help alleviate the frustration associated with you communicating with the CRA about your taxes, so you can focus on life and earning an income.
ABOUT
Who Are We?
Meet the founder & future Certified Public Accountant – Ryan Elliott. Established in 2017, his firm is taking the lead to equip his clients across many communities with financial literacy. Ryan was born in Toronto, has Jamaican roots, is married to an educated woman, and has two bright daughters.
His firm provides tax preparation services to Canadians, Sole-Proprietors, Corporations, Not-for-Profits, and Charities. His clients are from Ajax, Brampton, Caledon, Hamilton, Mississauga, Toronto & Quebec. Let us agree, the world has changed, and downtime for travel can be a waste of time. Virtual meetings have changed this landscape. Location and time are never an issue. Let Ryan navigate you towards your goals, on to the next level, or out of your tax issue at a time that works for your schedule.
BENEFITS
Why Choose Us?
Satisfying your unique income tax matter is our mission, regardless of the situation you are facing. Our success is your success, and this is the foundation of what our business was build upon.
We have a proven history of satisfied clients as your analysis of our company's reviews will find, and it is our goal to continue this for decades to come. Our knowledge and experience make us capable of offering a wide range of financial advisory services according to each client’s unique requirement.
It would be our pleasure to provide you with quality service that you can feel comfortable understanding. Our goal is to inspire you with financial literacy, so that you can make knowledgeable choices during the year as you develop the career, business, and finances you envision for yourself.
What's The Word Around Town About Ryan's Services?
Ryan is truly a godsend!
I was behind 5 years of taxes and buried my head in the sand because I was overwhelmed as to how I should handle everything. I had previously found another accountant that made matters worse and dug me into a deeper hole.
At our first face to face meeting Ryan made me feel completely at ease and assured me that he was going to get me straight. He took care of everything from paperwork to talking directly with revenue Canada on my behalf.
Ryan brought down my balance by over $10,000 and I’m now I’m receiving my carbon, trillium and gst refunds. He helped set up my business account and gave me critical advice on how to be a successful entrepreneur and what not to do to fall back into the rut that I was in.
I owe Ryan Elliott Professional Services a debt of gratitude and will continue to work with him until the end of days.
Thank you Ryan!
One word, AMAZING.
After going to the same tax person for years and not being satisfied or left with a lot of unanswered questions, I decided to make the switch after being recommended to Ryan from a friend.
Not only was my experience quick, it was also very informative! Ryan took the time to go through both my personal and business taxes with me. Every step of the way he educated and informed me on what he was doing and tips that would help me as a business owner.
His services are also very affordable in my opinion. I would highly recommend!
CHARMAINE WILKINS
Looking for a great tax person……. Look no further Ryan Elliott is the guy you need.
I had 5 years of both business and personal taxes that needed to be filed and he did an amazing job. Ryan spends the time with you and goes through each line step by step with you and he makes sure you understand what he is doing. While he is doing your taxes he is also coaching you on how you maximize your taxes so that you don’t have to pay back the government.
Through out my years of filing taxes, I have been through a lot of different tax person and NO ONE AND I MEAN NO ONE compares to Ryan.
Ryan I want to thank you for filing, educating and coaching me through my taxes.
Your truly a blessing 👍🏾👏🏾
