Helping businesses operate, grow and transform.
Accounting, Tax, Technology & Advisory
Accounting and tax you can rely on, plus the ERP, software and growth advice that most accountants do not offer. One team, from bookkeeping to business expansion.
Keep more of what you earn.
Contractors, Traders, IT Consultants
Working in the construction industry? Are you an IT consultant? We know how it works, we'll save you money.
Your practice, structured to keep more.
Doctors, Dentists & Therapists
Own a clinic or work in a hospital? We'll structure your practice to minimize tax liability.
Commission income, organized.
Real Estate Agents, Brokers
Realtor, investor, broker or insurance agent? We know how to minimize your taxes.
Run your business with confidence.
Small Business, Startups
Starting a company? Want to incorporate? We crunch the numbers, you run the business.
Two countries, one tax plan.
Canadians in the USA & Mexico
Living or working across the border? We help you file correctly in both countries and avoid paying tax twice.
Turn your following into a business.
Content Creators & Online Entrepreneurs
Brand deals, sponsorships and platform payouts are business income. We set up your structure, track expenses, handle HST and plan your taxes, including income from US platforms.
More than your accountant
Accounting and tax are where we started. Advisory and technology are where we make the difference.
Accounting & Payroll
- Bookkeeping and catch-up accounting
- Payroll and CRA remittances
- Financial statements and reporting
Tax & Compliance
- Corporate (T2) and personal (T1) tax
- GST/HST filings
- Cross-border tax (USA / Mexico)
Business Advisory
- Business plans and forecasts
- Brand building and franchisee development
- Business expansion and structuring
Technology & Systems
- ERP / SAP implementation (20+ delivered)
- QuickBooks, Xero and Wave setup
- AI adoption for finance and operations
Why Prolite
A traditional accountant
- Files your taxes
- Produces your financial statements
- Looks backward at last year
Prolite
- ✓Plans your taxes and your structure
- ✓Sets up the systems your books run on
- ✓Advises on operations, technology and growth
- ✓Has built, branded and expanded businesses
Advisory and technology services are delivered through Prolite Corporate Advisory Inc., alongside Prolite Accounting, both part 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.
Read more »Payroll
We'll make sure you and your employees are paid on time and remittances to CRA are complete and accurate.
Read more »Financial Statements
We prepare reliable and accurate financial statements to make informed business decisions and seek financing.
Read more »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.
Read more »Bookkeeping
Let our office handle the books. Our proficient bookkeepers keep your practice finances in order.
Read more »Personal Tax
Software might do your taxes, but our analysts optimize your return so you get more of your hard-earned money back.
Read more »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.
Read more »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.
Read more »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.
Read more »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.
Read more »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.
Read more »
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.
Read more »Accounting & Business Solutions
Ready to talk?
A short call is free. We will tell you what you need, and what you do not.