START UP BUSINESS PLANNING
Starting a new business is an exciting time, one that is filled with joy and stress. You are about to embark into a whole new world and thus tend to have many questions. We at MB Partners LLP would like to be your trusted advisors and help you avoid the pitfalls that many new entrepreneurs make.
We will work with you at every step of the way to ensure that your objectives are met. Our success is in knowing that your goals are being achieved.
The following are some of the areas that we help entrepreneurs:
Selecting a Legal Entity for Your Enterprise
• Sole Proprietorships
• Partnerships
• Corporations
Selecting a Year-End
• Which Month to Choose
• How to Make the Election
• Changing the Year-End
Registering With the Tax Authorities
• Federal Taxes - Goods and Services Tax
• Provincial Taxes - Retail Sales Tax
• Corporate Income Tax
• Business Licenses
Accounting and Bookkeeping
• Chart of Accounts
• Cash or Accrual Accounting
• Accounting Records and Bookkeeping
• Internal Controls
Payroll Taxes
• Registering Your New Business
• Canada Pension Plan and Employment Insurance
• Employer Health Tax
• Workplace Safety and Insurance Board
Income Taxes
• Income Tax Forms
• Installments
• Tax Planning
• Federal and Provincial Taxes