Chartered Accountants – Montreal

Useful accounting is not limited to collecting receipts or filing a return at year-end. It should show what the activity earns, what it owes, what it can invest and which decisions require tax analysis before they are implemented.

Impôts Ici provides fully remote accounting and tax services to individuals, self-employed workers, corporations and trusts. Depending on the engagement, a Chartered Professional Accountant can organize the financial information, prepare the required statements and returns, examine an unusual transaction or coordinate the file with a tax specialist, lawyer or notary.

Accounting and tax services for individuals

An individual may need assistance with a personal tax return, rental property, investments, an estate, self-employment income or a change in residency. The accountant gathers the facts, reconciles slips and records, and documents amounts that are not shown directly on a tax slip.

When a prior year must be corrected, an assessment contains a discrepancy or the tax authority requests records, the file also needs a clear chronology. Returns, assessments, proof of payment and correspondence should be assembled before selecting the appropriate response.

Compliance, representation and planning

An error is not always a dispute, and a possible tax saving is not automatically an applicable strategy. We distinguish tax compliance, representation before the authorities and planning that must occur before a decision. That distinction prevents an urgent assessment from being treated as an ordinary filing question or a structure from being implemented without understanding its costs and obligations.

For technical matters, the accountant prepares the financial information while the tax specialist analyzes the applicable rules. This collaboration is particularly useful for a sale, reorganization, family transfer or international matter.

Services for businesses and self-employed workers

Self-employed workers and corporations need a consistent method for classifying revenue, expenses, taxes, payroll, capital assets and transactions with owners. We can assist with bookkeeping, reconciliations, year-end adjustments, sales tax returns and the information used in financial statements and tax returns.

For a corporation, the books must support the T2 and Quebec corporate returns. Shareholder accounts, dividends, salaries, personal expenses, asset purchases and intercompany transactions should be identified properly rather than corrected at the last minute.

Numbers prepared to support management

Well-maintained accounting makes it easier to monitor cash flow, margins, receivables, liabilities and sales taxes. It also supports discussions with a lender, investor or prospective buyer. When the information is consistent from one period to the next, management can identify variances earlier and make decisions based on actual operations.

We can also establish a filing calendar, clarify responsibilities and document the methods used. A remote workflow centralizes records and questions without requiring travel or creating several conflicting versions of the same file.