What Are the Benefits Of Hiring A Chartered Professional Accountant (CPA)?

CPAs have rigorous training and experience, ensuring high-quality service. They can offer tax advice and auditing services beyond the scope of some general accountants.

What Should I Consider When Choosing an Accounting Firm In Surrey?

When selecting an accounting firm in Surrey, consider its expertise and experience in your industry, services offered (e.g., tax planning, audit services, consulting), reputation, fees, and personalized attention it provides to clients.

How Can Accounting Services Help with Tax Planning and Preparation?

Accountants can assist with tax planning strategies to minimize liabilities, ensure compliance with tax laws, prepare and file tax returns accurately and on time, and handle tax audits or inquiries from tax authorities.

Why Should I Hire an Accountant For My Business?

Hiring an accountant can help ensure accurate financial records, compliance with tax laws, strategic financial planning, and guidance to optimize financial performance. They can also save time and help you focus on core business activities.

What's the Difference Between a CPA and a General Accountant?

While both handle financial records, a CPA has advanced certification, specialized training, and broader expertise in auditing, taxation, and financial planning.

Who Requires Professional Accounting Support?

Professional accounting support is commonly required by incorporated businesses, sole proprietors, professionals, and organizations that must comply with Canadian tax and financial reporting obligations.

How Often Should Financial Records Be Reviewed During the Year?

Financial records are typically reviewed on a monthly or quarterly basis to support accurate reporting, cash flow monitoring, and timely identification of filing requirements.

What Information Is Needed to Prepare Year-end Financial Reports?

Year-end reporting generally requires bank statements, invoices, receipts, payroll records, loan agreements, and documentation related to asset purchases or disposals.

Comprehensive Accounting Services in Surrey

Are you looking for a trusted and experienced accountant? Schmidt Berg, Chartered Professional Accountants, is a CPA firm that provides a wide range of accounting services in Surrey and throughout BC. We can prepare personal or corporate taxes, and provide financial planning advice for your retirement. Contact us today to make an appointment.

Why Do You Need a CPA?

In Canada, the tax system is intricate, and all citizens, residents, and non-residents with income must comply with and pay these taxes. Legal entities must also maintain accurate accounting records. Outsourcing to a professional accountant is a practical solution for small businesses or individuals who only require assistance during tax season. Here is why:

Complex taxation system: The Canadian tax system is extensive and encompasses federal, provincial, and municipal taxes. Individuals and businesses can rely on a CPA to navigate its complexities.
Accuracy and compliance: CPAs are experts in tax laws and regulations, ensuring that your taxes are calculated correctly and your tax returns are filed in compliance with the latest laws and regulations.
Cost savings: Hiring a full-time accountant may not be feasible for small businesses or individuals. A CPA offers the option of outsourcing, which saves costs while still providing professional advice and services.
Expert advice: CPAs can provide practical advice on reducing expenses and maximizing savings through tax-saving investment options. They can also advise on tax planning, estate planning, and other financial planning services to meet your financial goals.

Choosing our CPA firm in Canada comes with numerous advantages. We have a team of highly qualified and experienced CPAs with in-depth knowledge of Canadian tax laws and regulations. We provide customized services designed to address the specific needs of each client. By staying current with industry trends and technological advancements, we ensure our clients benefit from efficient and effective solutions. Our dedication to delivering exceptional customer service and technical proficiency positions us as a trusted partner for businesses and individuals seeking CPA services.

Our Tax and Financial Services

Our team at Schmidt Berg, Chartered Professional Accountants, provides a full range of tax and financial accounting services to support individuals and businesses.

Corporate Taxes

Running a business is a challenging task. Let Schmidt Berg, Chartered Professional Accountants, help you prepare your company's tax return. Our experienced accountants are well-versed in the corporate tax language.

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Personal Taxes

Filing your tax returns is not easy for everyone. If you need guidance with your personal tax returns, Schmidt Berg, Chartered Professional Accountants, is here to help. Our team works to identify tax saving opportunities and provides peace of mind that your return is filed correctly.

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Estate Taxes

Overwhelmed sorting out estate finances left behind by a loved one? Rely on Schmidt Berg, Chartered Professional Accountants, to assist with tax filing obligations and guide you through administering the estate.

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Retirement and Estate Planning

Have you planned your retirement yet? Meet our retirement planners at Schmidt Berg, Chartered Professional Accountants, for financial stability following your retirement. Our team can work with you to figure out your retirement plan and guide you through it.

Analysts analyze business financial reports

Connect with Trusted CPAs in Surrey

You can rely on our CPAs to manage your finances and help you achieve your financial goals.

Small Business Accounting

Are you tired of searching for your business's financial records? Or are you looking for transactions in which you didn't keep an account? Choose our small business accounting service to manage your financial records and transactions easily, which can be accessed whenever needed. Keep track of your records safely and securely, as we follow all security guidelines.

Why Choose Schmidt Berg, Chartered Professional Accountants for Accounting Services in Surrey?

If you are searching for top accounting services in Surrey, trust Schmidt Berg, Chartered Professional Accountants, as we are the number one choice for accounting. We focus on providing services to fulfill and satisfy our clients' needs. With a team of professionals and experts, we deal with all kinds of accounting issues and focus on effortlessly providing your service and experience.

We will prepare formal accounting documents that meet professional and regulatory standards, such as:

compiled financial statements, which presents financial information based on management-provided data and is commonly used for internal purposes or lender review.
corporate income tax return (T2), which includes schedules detailing taxable income, tax credits, depreciation, and reconciliations between accounting income and taxable income. This document is filed annually with the Canada Revenue Agency.
GST/HST return that summarizes taxable supplies, input tax credits, and net tax payable for a reporting period. This document supports indirect tax compliance.
T4 slips that report employee earnings and deductions for the calendar year, along with a T4 Summary that reconciles total payroll amounts remitted to the government.
adjusting journal entries and working papers that document accruals, amortization, and reconciliations. These records support the accuracy of financial statements and tax filings.

We are amongst the top companies due to the guidance and help we provide to our clients with our highly experienced and knowledgeable members who plan everything with utmost care and according to the customer's preference. Contact us today for more information and guidance.

FAQ

Below are responses to commonly raised questions related to accounting services:

Service Areas

We offer our accounting services in Surrey, British Columbia and surrounding areas.

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Need Assistance in Accounting and Maintaining Records of Your Business?

Schmidt Berg, Chartered Professional Accountants, would be happy to provide you with accounting services in Surrey and the surrounding areas

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