Tel: (905) 467-6471

TAX & PAYROLL

Clearwater Professional Corporation is a full-service bookkeeping firm geared exclusively to you and your small business in Oakville, Ontario and neighboring cities. In addition to bookkeeping services, our accounting staff and bookkeepers also offer tax and payroll services that are necessary for small business development and sustainability. Our network of skilled bookkeepers has been offering the following tax and payroll services to small business owners throughout the greater Oakville region for more than 30 years:​

  • Tax planning
  • Payroll processing & employee benefits
  • Tax filing & personal taxation
  • HST filing
  • Corporate taxation​

Why bother the hassle of dealing with a large and busy bookkeeping firm, when you can enjoy Clearwater Professional Corporations individualized services that incorporate local financial industry expertise with small business ingenuity? Our bookkeeping firm is familiar with what it takes for many small businesses to succeed; employ our bookkeepers to help you with your small business success by getting in touch with us today to learn more about our tax and payroll services!​

We complement our tax strategy services through comprehensive long term business plans and state of the art cloud-based accounting software (Quick Books) to generate monthly financial statements that track and measure results on a regular basis and help our clients plan their Tax strategy and profit growth on an ongoing basis.​

In addition, our over 30 + years of experience in managing finances of diverse industries allows us to counsel our clients in a Chief Financial Officer capacity when we meet them on a monthly basis to navigate their finances regularly.

As well as our firm’s selection of tax and payroll services, Clearwater Professional Corporation also provides the following additional services necessary for small business prosperity:​

Bookkeeping Services

  • What is QuickBooks software?
  • QuickBooks advising
  • Bookkeeping for small business

Accounting Services

  • Accounting software consultancy
  • Incorporation / business registration
  • Part Time Controller / CFO Advisory
  • Business Planning for Growth​

A) Tax Planning

Tax laws can be incredibly complex, dynamic and challenging. Not limited to an annual endeavor, tax planning should be a year-long activity that addresses financial adjustments as they occur so that tax planning opportunities can easily be identified to achieve maximum results. Clearwater Professional Corporations years of tax and payroll services (as well as accounting and bookkeeping services) expertise has built a foundation of strong tax knowledge that is considered tops in the tax planning industry. Our expert accounting staff and bookkeepers provide small business owners with a tailor-made, proven strategy geared exclusively towards their small business circumstances.

The well-demonstrated success of our strategic approach to tax planning is only a small part of the tax and payroll services, and other bookkeeping services, that we have to offer. Our tax planning services have permitted small business owners in Oakville, Brampton, Dundas, Etobicoke, Grimsby, Hamilton, Milton, Stoney Creek, Toronto, Burlington, Mississauga and Ancaster to maximize their tax savings potential and protect their earnings and assets. We at Clearwater provide tax planning advice that is practical and proven, and additional tax and payroll services (and other bookkeeping services) that are outstanding! Contact our highly skilled and friendly bookkeepers today to inquire as to how they can assist you with your small business goals by means of our tax planning services!

We compliment our tax strategy services through comprehensive long term business plans and state of the art cloud-based accounting software (Quick Books) to generate monthly financial statements that track and measure results on a regular basis and help our clients plan their Tax strategy and profit growth on an ongoing basis.​

B)Payroll Processing & Employee Benefits

Handling the tedious task of weekly, bi-weekly or monthly payroll processing takes up a great deal of time, and requires a whole lot of effort to ensure that it completed accurately. Clearwater Professional Corporation offers a myriad of tax and payroll services, as well as other accounting and bookkeeping services, which includes payroll processing to ensure operating your small business is easier. Through our payroll processing services, our accounting staff and bookkeepers will see to it that your employees are paid on time via direct deposit or cheque. Canada Pension Plan (CPP), Employment Insurance (EI), Income Tax and WSIB deductions will be concise and up to date, and you’ll always know that your taxes and remittances have been calculated and reported by us accurately and promptly.​

We partner with ADP which is the largest payroll processing company in Canada, their years of experience ensures your employees are paid on time and all filing and reporting regulations defined by Canada Revenue Agency are met.

We also assist our clients to prepare and manage Payroll Audits by Canada Revenue Agency.​

We complement our tax strategy services through comprehensive long term business plans and state of the art cloud-based accounting software (Quick Books) to generate monthly financial statements that track and measure results on a regular basis and help our clients plan their Tax strategy and profit growth on an ongoing basis.​

In addition, our over 30 + years of experience in managing finances of diverse industries allows us to counsel our clients in a Chief Financial Officer capacity when we meet them on a monthly basis to navigate their finances regularly.

In addition to payroll processing, the firm of Clearwater Professional Corporation also provides employee benefits services as part of our comprehensive package of bookkeeping services, which every small business owner throughout the greater Oakville area should consider including as part of each of their employee’s income:

  • Medical related expenses
  • Life insurance premiums
  • Education related benefits
  • Employment insurance benefits
  • Disability related benefits

The manner in which you pay, or provide employee benefits, to each of your employees will affect the payroll deductions necessary for you to withhold. Our 30+ years of tax and payroll services, as well as other bookkeeping services experience will aid us in helping you determine if the benefits you provide your employees are taxable, and we will calculate the value of each specific benefit and provide support along the way. Turn to Clearwater Professional Corporation as your partner in cultivating your small business in Oakville, Burlington, Mississauga, Ancaster, Brampton, Dundas, Etobicoke, Grimsby, Hamilton, Milton, Stoney Creek or Toronto. Get in touch with our bookkeepers today to discover just how our payroll processing services, employee benefits services, or other tax and payroll services can help you with your small business success!​

C) Tax Filing & Personal Taxation

It’s that time of the year, and your personal income tax needs filing! The process of filing your personal income tax will involve numerous hours of not only paperwork to effectively complete all the requirements, but also time-consuming and worrisome correspondence with the Canada Revenue Agency (CRA). Save yourself considerable time and effort, and be proactive by turning to the expert accounting staff and bookkeepers at Clearwater Professional Corporation for our valuable services. As part of our firm’s inclusive range of tax and payroll services, and bookkeeping services, we can help you stay up to date on ever-changing tax laws and their potential impact on you.​

CPC uses the latest cloud-based taxation software to ensure compliance with the latest regulations and that every available deduction and tax credit is claimed to help our clients reduce their tax burden.​

You can ease your worry knowing that your personal taxes will be prepared and filed accurately and in an efficient manner. Our bookkeepers guarantee prompt delivery of your completed personal taxation forms, and they will negotiate your tax settlement with the CRA on your behalf (for current or prior years taxes). As part of our comprehensive tax and payroll services, Clearwater Professional Corporation has prepared and filed a multitude of personal income tax returns over the years. Via the bookkeeping services we offer, our accountants get to know our clients in and around Oakville, Dundas, Etobicoke, Grimsby, Hamilton, Milton, Stoney Creek, Toronto, Burlington, Mississauga, Ancaster and Brampton on a personal level. We provide each of them personalized tax filing and personal taxation services that far exceed those of our competitors!​

If you’re filing your personal income tax independently, you’re probably missing out on appropriate deductions and valuable savings that a professional accountant / bookkeeper from Clearwater professional corporation can help you acquire. By investing considerable time and effort in keeping up to date with personal income tax filing and personal taxation laws that consistently change, our bookkeeping firm’s proactive approach ensures that we provide you with the most current advice and services. Using our tax filing and personal taxation services will ensure that you acquire:​

  • Unparalleled tax savings; we help you take advantage of all possible deductions.
  • Expert advice and support; we make sure you understand what is happening throughout the tax filing and personal taxation process and are open to answering all of your questions.
  • Peace of mind; eliminate your worry about the impending personal income tax deadline.​

Take the worry and pressure out of meeting personal income tax deadlines, and contact the courteous accountants / bookkeepers at Clearwater Professional Corporation today for your tax filing and personal taxation requirements. Don’t forget to ask about our firm’s other tax and payroll services, and bookkeeping services as well!​

D) HST Filing

Canada Revenue Agency requires businesses to register, file and pay HST (Harmonized Sales Tax) on a predetermined schedule and any delays and non-compliance can attract hefty penalties. Coping with Harmonized Sales Tax (HST) is a daunting task for any small business owner in Oakville, Brampton, Dundas, Etobicoke, Grimsby, Hamilton, Milton, Stoney Creek, Burlington, Mississauga, Ancaster, or Toronto. Many of our valued clients are responsible for collecting and submitting HST, and Clearwater Professional Corporation makes their concerns our top priority by assisting them in making the process much easier. Amongst the numerous bookkeeping services and tax and payroll services that our firm offers, our accounting staff and bookkeepers offer HST filing services.

From compiling information, to accurately preparing HST returns, to overseeing your HST related costs, Clearwater Professional Corporation provides you with peace of mind knowing that you are fulfilling your responsibilities as a small business owner. Allow us to give you HST filing advice as necessary, and deal with the Canada Revenue Agency on your behalf. And if you don’t already have an HST number, we can help you register for one. Clearwater Professional Corporations bookkeeping services and tax and payroll services are tops in the industry, and this includes our HST filing services! Contact our professional bookkeepers today to find out more about our top-HST filing services!​

We complement our tax strategy services through comprehensive long term business plans and state of the art cloud-based accounting software (Quick Books) to generate monthly financial statements that track and measure results on a regular basis and help our clients plan their Tax strategy and profit growth on an ongoing basis.​

In addition, our over 30 + years of experience in managing finances of diverse industries allows us to counsel our clients in a Chief Financial Officer capacity when we meet them on a monthly basis to navigate their finances regularly.

We also ensure our clients get the benefit of claiming maximum input tax credits. CRA HST Audits are another important area where we assist our clients in preparing for and complying with the requirements of these audits.

E) Corporate Taxation

Does your small business in Oakville, Burlington, Milton, Stoney Creek, Toronto, Mississauga, Ancaster, Brampton, Dundas, Etobicoke, Grimsby or Hamilton need to fulfill its corporate taxation responsibilities? Does the prospect of preparing and filing your company’s corporate income tax discourage you? Corporate taxation can seem like a never-ending pile of paperwork that needs to be double or even triple checked in order to avoid a visit from Canada Revenue Agency auditors. Amongst our selection of tax and payroll services, as well as bookkeeping services, to choose from, Clearwater Professional Corporation offers corporate taxation services to assist you.​

We keep our clients up to date on developments in the Corporate & Personal tax regulations through our client newsletter. CPC deploys the latest cloud-based Tax software for preparing and filing your tax returns.​

In addition, our business planning services and monthly financial reporting tools allow our clients to plan their corporate tax strategy months in advance thereby maximizing savings while staying compliant with regulations.

Our accountants provide expert advice, error-free filing, and more free time for you to attend to your small business. Our firm’s corporate taxation services include:

  • Corporate tax preparation
  • Advice on Mergers, acquisitions and reorganization tax implications.
  • Corporate tax compliance
  • Identification of opportunities and issues
  • Cross border issues
  • Transfer pricing impact analysis.​

Allow Clearwater Professional Corporation to provide you peace of mind by helping guide you through the corporate taxation process, making the task of corporate tax preparation and filing far less of a burden than you ever imagined. Our accounting and book keeping staff understand corporate taxation laws and keep up-to-date on any changes. Our firms tailored advice and highly-efficient work for you, the small business owner, is practical and proven, so contact our firm today for your corporation taxation, other tax and payroll services and / or accounting/ bookkeeping services, needs!​

We complement our tax strategy services through comprehensive long term business plans and state of the art cloud-based accounting software (Quick Books) to generate monthly financial statements that track and measure results on a regular basis and help our clients plan their Tax strategy and profit growth on an ongoing basis.​

In addition, our over 30 + years of experience in managing finances of diverse industries allows us to counsel our clients in a Chief Financial Officer capacity when we meet them on a monthly basis to navigate their finances regularly.

In addition to corporate taxation services, Clearwater Professional Corporation also provides the following financial services necessary for small business success:​

Bookkeeping Services

  • What is QuickBooks software?
  • QuickBooks advising
  • Bookkeeping for small business

Accounting Services

  • Accounting software consultancy
  • Incorporation / business registration
  • Part Time Controller / CFO Advisory
  • Business Planning for Growth

Tax & Payroll Services

  • Tax planning
  • Payroll Processing & Employee Benefits
  • Tax filing & personal taxation services
  • HST filing