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PROLITE ACCOUNTINGSubsidiary of Magnet Financial Services Inc.

What we do

Incorporation

Incorporating your operations can drastically reduce your tax liability. We'll get you registered in no time.

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Payroll

We'll make sure you and your employees are paid on time and remittances to CRA are complete and accurate.

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Financial Statements

We prepare reliable and accurate financial statements to make informed business decisions and seek financing.

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Corporate Taxes

We complete and file corporate (T2) returns for all businesses. If you're looking for a firm you can trust, look no further.

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Bookkeeping

Let our office handle the books. Our proficient bookkeepers keep your practice finances in order.

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Personal Tax

Software might do your taxes, but our analysts optimize your return so you get more of your hard-earned money back.

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TIME IS MONEY

Time, Technology and Money. We understand all.

Send us your files and other relevant papers electronically, through Dropbox or other cloud storage, or drop off hard copies at our office, and we will do the rest.

We streamline the maze of receipts, files and notices so you can focus on your business more efficiently and cost-effectively.

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Bookkeeping, Payroll, GST, Tax return, Financial advice

We offer complete accounting solutions and tax services, including preparation of financial statements. Our advance tax planning will help you save money, and we diligently keep your records up to date.

Our professional and efficient analysts customize our services to your needs.

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LET'S TALK

IT Consultants or an Entrepreneur

We understand your business and technology. We can help structure your IT operations and associated expenses, with a well-planned strategy to grow and consolidate.

We give you a 360-degree view and a detailed financial analysis of your operations, with a well-documented plan to run your business effectively, and keep you current on the tax requirements across the border.

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Trucking Industry, Owner Operator

Whether you manage a fleet or are an owner operator, we guide you through keeping detailed records and maintaining your books.

Contact us about filing a zero-rated HST/GST claim and keeping the up-to-date records that get your refund in on time. If you deliver across the border, we help with record keeping and the tax impact.

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CRA and Truck drivers

Truck drivers also perform non-driving activities during the day like loading and unloading freight, clearing customs and border crossings, and filling out mandatory daily driving logs.

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How does CRA decide if a truck driver is an employee or self-employed? Contact us for guidance on the facts, and let us help determine which applies to you.

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Accounting & Business Solutions

Ready to talk?

A short call is free. We will tell you what you need, and what you do not.