Our Services
Solutions we Provide
GST & HST FILING
Providing ministry and governor accordant GST & HST filing services all across Canada and offer allowable credit support. Be it a monthly or yearly guide, SAK Professional is your business tax filing companion.
GST (General Sales Tax) Filing
We want you to excel in your business and take responsibility for corporate tax filing your GST without delays so you can focus on selling your goods and services exponentially.
HST (Harmonized Sales Tax) Filing
We know HST filing can be a hassle and you could miss out on some CRA guidelines and face a penalty. That’s why SAK Professional being the best accounting firm in Toronto ensures we tackle all the intricacies for you.
CORPORATE TAX RETURNS
Our experienced professionals have in-depth knowledge of Canadian corporate tax filing laws and regulations. Entrust us to streamline your business tax filing obligations as we handle complex income and expense calculations, credit activities, and deductions. Take advantage of our:
Year-round Support:
Corporate tax filing season incoming? We’re here to support you all year long
In-depth Tax Analysis:
Our expert eyes review your financial records with a hawk's eye
PERSONAL TAX RETURNS
When it’s that time of the year and you’re panicking about personal tax filing, SAK Professional is there to help you. Our professionals help you maximize your tax refund by diving into your statements to identify and claim all eligible tax credits, all while ensuring tax law compliance. With years of experience handling intricate forms, we can help you complete complex forms with ease and submit them electronically. Enjoy your time doing your leisure activities while we handle the ‘taxing’ paperwork for you.
LEGAL AND ADVISORY SERVICES
When running a business, there are a variety of legal matters you have to experience and in most cases, if you decide to deal with them yourself, it’s going to take long hours and a business can’t afford that. Entrust your business’ legal and advisory matters to SAK Professional so you can invest more time brewing strategies to take your business to the next level.
We’ll help you choose legal entities best suitable for your business while also representing you in legal dispute resolutions. Looking for some legal advice? Don’t hesitate to reach out to us. Our expert team takes pride in providing a wide range of legal services including, business advisory to help you strategically reach your goals, drafting and reviewing agreements to protect your interests, and tailored business solutions to meet your needs.
If you’re looking for someone with a proactive approach who anticipates the legal problems that safeguard your business, SAK Professional is the companion you need.
BOOKKEEPING SUPPORT
When you talk about money management, bookkeeping comes synonymously and is an essential requirement for any business, big or small. Say goodbye to your worry about timely accurate entries of accounts payable and receivable. When you sign up for bookkeeping support/entry service with SAK Professional, you’re surely getting:
Reconciliation Service:
Stop worrying about bank or credit card errors because our experts reconcile your accounts and prevent unforeseen calamities
General Ledger Maintenance:
Nothing goes missing or unadded when we’re determined to organize and update your financial records in a timely and routine manner
BUSINESS PROJECTIONS
Making informed and assessed decisions is the bread and butter of every business’ growth. When you hire SAK Professional for a business project and detailed budgeting service, you’re signing up for in-depth planning, valuable insights, and analysis for your business. Our budgeting experts create an enhanced financial model to guide you to make informed decisions. Here’s what you get with this service:
Customized Financial Forecasting:
Take advantage of curated and accurate projections developed according to your business goals
Flexible Budgeting:
We specialize in creating adaptive budgets so you can manage your finances effectively as per your changing needs
YEAR-END T4, T4A, AND T5
For employed or self-employed, you have to report your income from all resources and sometimes it can become a tedious process. Let SAK Professional help you simplify your reporting with our top-tier T4, T4a, and T5 services all across Canada so you can relax and let your year-end reporting be in safe hands. We offer:
Accurate and Complete Information:
For accurate reporting, you need crystal clear data and we gather and report each and everything that’s required to meet that criteria.
Tax Regulations Compliance:
Every report we generate adheres to compliance authority guidelines like federal and provincial tax regulations.
BUSINESS LICENSE SUPPORT
SAK Professional is a renowned accounting firm in Scarborough and has years of experience helping businesses navigate through the complex business licensing process. From guiding you to begin the application to completion and ensuring compliance with laws and regulations, you have our utmost level of support. We will assist you with:
License Application Preparation:
A business License requires a myriad of documentation and we gather it all for you
Regulatory Compliance:
Businesses, along with all other challenges, require you to meet regulatory compliance at all times. We make sure your business owns all the licenses required
PAYROLL SERVICES
If there’s one thing businesses worry about the most every month, that’s payroll, especially when they are subjected to changes. You want to invest most of your time in growing your business. That’s why SAK Professional takes it upon itself to help you with your payroll processes, streamlining timely salary calculations, remittances, and tax withholdings, and making tax filing a piece of cake. Our expert payroll services include:
Accurate Calculations:
We guarantee our salary and deduction calculations are done meticulously, helping with precise payroll processing
Timely Remittances:
You don’t want deadlines crossing being busy with work. Our team responsibly handles remittances and government filings and submits timely deliveries
FINANCIAL STATEMENTS
Make the right call and book a call with SAK Professional’s Financial Statements services to gain valuable insights about your business’ financial status. When it comes to preparing detailed and comprehensive statements and reports, we’re the frontrunners. Talk to us and benefit from: Accurate Income Statement Preparation: Our experts take pride in diving deep into your records to accurately calculate your expenses, revenue, and net income
Balance Sheet Creation:
Concerned about your financial position? Our balance sheets give you a snapshot of your entire business
Cash Flow Statement Development:
It’s about the inflows and outflows. SAK Professional carefully analyzes the cash flow to backtrack it
NOTICE TO READER
Wondering if your business’ financial health is in the state you anticipate? We’ll help you. We provide comprehensive Notice to Reader services at SAK Professional to not only help you create tailored and reliable financial statements but we ensure our experts are following strict regulatory standards so we can adhere to small and medium-sized enterprises (SMEs) requirements all across Canada. SAK Professional provides additional support by reviewing your financial information, creating easy-to-understand statements, and limited assurance. Here’s what our services include:
Meticulous preparation of financial statements under accounting standards of private enterprises (ASPE)
We keenly assess your financial statement and compile financial information for multiple purposes, especially legal matters
FEDERAL AND PROVINCIAL INCORPORATION
Incorporation and registration of business is partially a legal matter, really important while at it. When it comes to rules and laws, differences apply to both provincial and federal companies. This can be frustrating if you’re unsure what documentation, guidelines, and laws you have to abide by. At SAK Professional, we have a designated legal advisory team that’s actively available to support you. Be it registration of a new company, routine support, or major changes, all registration papers, and documents should be updated to ensure company security. All this is very time-consuming and as a business owner, your time is of the greatest essence. That’s why you need an expert to take responsibility for this, and a consulting firm in Scarborough, SAK Professional is exactly who you need. While we establish your business with all the paperwork done with finesse, take a look at the perks that come along:
Business Name Search:
Sometimes finding the right name requires lots of heads brainstorming together, or just a few. We check multiple options and also their availability so we can give you the desired name you’re looking for
Articles of Incorporation Preparation:
Our experts ensure all the necessary legal documentations are prepared with the highest professionalism
PROTECTION AGAINST CRA AUDIT AND HANDLING OTHER CRA ISSUES
CRA Audit can seem like a nightmare, especially if you’re unprepared. Being a top consulting firm in Toronto, we know how to help you mitigate that risk as our experts are well-versed in dealing with audit-related matters effectively. Come a time when you have to face the CRA auditor's queries, we’ll deal with their queries to respond relevantly and deliver everything smoothly. Our services include:
Tax Planning and Compliance:
SAK Professional excels at compliance assurance and ensures your tax liability is impressively minimized, all within law
Audit Preparation & Representation:
Business audit every year and it's our responsibility to prepare your business for audit at any time and also represent it if required
Testimonials
Love from Clients
SAK Professional has been our go-to partner for all financial matters for over five years. From handling our bookkeeping and payroll to providing legal advice and strategic budgeting, their team…
As a small business owner, tax filing used to be one of my biggest headaches—until I started working with SAK Professional. Their team made the entire process seamless and explained…
"SAK Professional has been a game-changer for our business. Their in-depth knowledge of corporate tax laws and personalized financial advice have saved us both time and money. We trust them…
