Accounting & Assurance
Whether the engagement is a Notice to Reader, Review or Audit our Licensed Public Accounting (LPA) team can meet the financial reporting needs of your business. The value that we bring is deeper than simply preparing financial statements, but involves helping you to understand the numbers and allow the financial realities of your business to drive the future growth and success.
Keeping your company’s internal books up to date is critical to measuring growth and planning for the future. Our QuickBooks Certified team can help train and educate existing staff as well as implement systems and practices to equip your business for growth whatever software you use to manage your business
Pay Less Tax™. For many business owners, their personal taxes is a reflection of the corporate return. Our professional tax staff specializes in both corporate and personal tax, helping to clarify the full spectrum of your financial picture by providing effective strategies to minimize your overall tax burden. From small businesses to large enterprises, our scalable tax solutions can adjust to meet your growing business needs, and are tailored to your industry and long-term financial goals. Our team will work with you year-round to minimize your taxes, maximize your profits and allow you to focus on strengthening your business. Tax reduction has always been a key driver of our firm.
Canada-US income tax preparation can be difficult to understand and often even harder to find assistance in navigating the various forms and deadlines. The IRS requires taxpayers who are dual citizens of the United States and a foreign country to timely file United States federal income tax returns or Reports of Foreign Bank and Financial Accounts (FBARs). Our tax experts can help those taxpayers meet their filing obligation and come into compliance with the IRS and US law.
Compile the information, complete the research, think outside the box, present the options, assess the risks, complete the plan and most importantly execute This is how Canadians can reduce their largest expense, INCOME TAX. Are you paying too much?
Financial Planning and Wealth BuildingIn relationship with the JMA Wealth team, it is our desire that all clients have a comprehensive financial plan. Peace of mind comes from having an intentional plan and living within it. Set a course and follow the plan. Become independent of your circumstances and gain options/choices for the future.
Estate and Succession Planning
Successful estate planning involves the minimization of taxes to be paid on death and provides advice for the most tax effective transfer of wealth, often before death. Succession planning tends to be a corporate service that often involves estate planning. The successful transition of a business between previous and new ownership is one of the most important transactions a business owner will face in their career…it’s important to develop and execute a plan that maximizes return and minimizes taxes.
When accounting technology is working, it’s providing relevant, concise and timely information to decision-makers. Whether training a staff bookkeeper or accounting systems implementation our certified team of professionals can help you leverage technology in your business to boost efficiency.
If your company has endured financial difficulty, we can help you assess the situation and set a strategy to maximize your opportunity. That is correct, opportunity! If your business has endured a very poor season, it may be that the problem has become so bad that it creates an opportunity. Working out of these situations (Insolvency, Bankruptcy, Liquidity challenges) requires creativity and an understanding of how each profession can help or hurt the process. CRA, Banks, creditors, lawyers and trustees are all effective allies in a plan of reorganization if they are well led. JMA has for over 15 years been active in leading professionals to gain a plan of reorganization for clients in trouble. If your business is threatened by CRA garnishees, other secured or unsecured action by creditors, resist the natural temptation to “turtle” and contact us today.