Elevating Possibilities
Explore a world of creative solutions and innovation tailored to your needs.
Discover Our Expertise
We offer a range of exceptional services designed to shape your vision and create unique experiences that stand out.
Bookkeeping
We not only provide up to date book-keeping, but also take care of reconciliation of all the General Ledgers. This includes Bank Reconciliation, Fixed Asset Reconciliation, Reconciliation of Loans and Liabilities, P/L Ratio Analysis etc.
Federal and State Tax Filing & Planning
We believe in timely filing of the Income Taxes. We also avoid extension filing, except required/requested by the client. We guide the client when the nexus triggers filing in a particular state for the purpose of state tax filing. We also comply with the Advance Tax Payment Quarterly due dates for all our clients. We advise the client for their responses to the notices sent by the CRA/IRS as well as different states.
GST/HST – Sales Tax Compliance
All the States of the Canada/US have different compliances with regards to the GST/HST/Sales Tax. They have different deadlines, filing frequencies etc. We prepare the workpapers to file them on timely basis, adjust the overpayments and the underpayments, we also guide the client if there are any discrepancies in their collection. We advise on the taxability of new products and services, help in the registration process. We also manage the resale certificates to avoid double payment of taxes. In the event of late filings, late payments etc, we usually negotiate with the department to waive off the interest and penalty and have successful cases based on genuinity of the case.
Payroll Taxes
We file and reconcile payroll taxes at federal and state level. This includes compliances related to 941 filing, 940-FUTA and SUI/SUTA, W2 reconciliation etc.
Property Taxes
We also take care of property taxes for all the states / counties. The terms and deadlines are different in different states and late filing / payment can have penal consequences.
Other State-based Taxes
Different states of the US have different taxes other than Sales tax and Income Tax. These are Gross Receipt Tax, Franchisee Tax, Business Process Outsourcing Tax, Commercial Rent Tax, Annual Report Filing and many more. We take care of these compliances for you.
Miscellaneous Form Filings
1099 Filing, 1042 and 1042-S filing, 8027 filing etc. are taken care by us.
Other services
Reconciliations, Ratio Analysis, Books Cleanup, Financial Forecasts, AP and AR Management etc.
Why Choose Us ?
Discover what sets us apart and makes us the ideal choice for your creative needs.
01
Competitive Pricing
Our commitment to providing exceptional services extends to offering competitive pricing structures. We believe in delivering value without compromising on quality, ensuring you get the best return on your investment. With us, affordability meets excellence, making your financial goals more attainable than ever before.
02
Option to Have Full-Time Employee Model
We understand that every business has unique needs. That’s why we offer the flexibility of a full-time employee model. Whether you require dedicated support for ongoing projects or prefer a consistent resource allocation, our tailored solutions ensure you have the right team in place to drive your success. Enjoy the benefits of a dedicated workforce without the hassle of recruitment and management.
03
Digitalization of Accounting Records
Embrace efficiency and transparency with our digitalization services. We streamline the process of managing your accounting records by transitioning them into a digital format. By harnessing the power of technology, we ensure accessibility, accuracy, and security for your financial data. Say goodbye to cumbersome paperwork and hello to seamless record-keeping that empowers informed decision-making and drives business growth.
04
Convenient Hybrid Structure
Enjoy the best of both worlds with our flexible hybrid approach. Combining traditional in-house accounting with outsourced solutions, our model offers seamless collaboration and personalized service. Whether you need on-site or remote assistance, our versatile arrangement adapts to your evolving needs, maximizing productivity and minimizing costs.
Start Achieving More Today
Contact us now to discover how Trust Planet Accounting can optimize your financial potential.