AP Financial Services offers a wide variety services that match each client’s needs. Our team is dedicated to give you bookkeeping services to save your business money, and prevent present and future financial worries.
We understand that it is challenging and complicated for businesses and individuals to prepare taxes.
We provide services that minimize the complication and challenges for our clients.
Whether you're looking for basic knowledge for first-time users or specialist know-how for experts and administrators, we always offers you the right training for your requirements.
AP Financial Services provides bookkeeping and income tax filing services to help you focus on your business.
AP Financial Services will help speed up your cash flow by processing your receivables accurately and on time.
AP Financial Services will ensure your current balances are efficiently and accurately up-to-date, indicating all open debt obligations.
To make sure your accounts are accurate by means of comparing your ledger of transactions to your bank records, a bank reconciliation must be performed.
Government filing is a burden to businesses. AP Financial Services will take care of your GST/HST, PST, Payroll source deductions, WSIB, and EHT filing.
AP Financial Services provides quality assurance accounting services to ensure the Corporate Income Tax (T2) associated with your organization is prepared and submitted correctly.
AP Financial Services provides tax preparation and e-file services to make sure your tax return is prepared and submitted accurately and on time while maximizing the deductions that are allowable to you.
AP Financial Services accurately process your payroll, and make sure your business is complying with all payroll tax obligations. In addition, we prepare the government payroll remittance (PD7A), record of employment forms (ROE), and year-end T4, T4A and T4 summary.
Accurate and timely financial reports are essential tools that guide your business to go in the right direction. AP Financial Services will prepare the financial statements such as balance sheets, income statements, accounts receivable/payable aging reports.
If the Canada Revenue Agency (CRA) tells you it’s reviewing one or more of your tax returns, don’t panic! In most cases, it’s simply a routine check.
Raising a family can be expensive, but there are many benefits, credits, and deductions that can help your family with costs during the year. They could even lower the amount you owe at tax time!
You can claim only eligible medical expenses on your tax return if you, or your spouse or common-law partner: paid for the medical expenses in any 12-month period ending in 2016 did not claim them in 2015. Generally, you can claim all amounts paid, even if they were not paid in Canada. For all expenses, youRead more about Eligible medical expenses in depth[…]
A registered disability savings plan (RDSP) is a plan designed to help parents, family members, and others save for the long-term financial security of an individual who is eligible to receive the disability tax credit (DTC).
Individuals suffering from a severe and prolonged mental or physical impairment can claim a federal disability amount of $8,001 for 2016. If the person with a disability is a child under 18, there’s an additional supplement of $4,667 for 2016, for a total disability amount of $12,668. To qualify, a doctor must certify on FormRead more about Disability tax credit[…]
If you work out of your home you may be able to deduct a portion of your home office expenses. However, there are a number of rules, and the rules differ depending on whether you’re self-employed or an employee.
Almost all types of income are subject to income tax. However, there are some exceptions. Lottery winnings in Canada and gains from casual gambling are not taxable.Proceeds from damage awards are generally tax-free and, under certain circumstances, income earned on damage awards for taxpayers under 21 years of age is also exempt until the taxpayerRead more about Tax free income ?[…]