Accounting Services in Winnipeg
Get Your
Time Back
Accounting plays a critical role in any business, and you need a robust accounting system to:
- Track income and expenses
- Ensure tax and statutory compliance
- Provide all stakeholders with quantitative financial data
However, as a medical doctor, lawyer, or other professional, your priority is to focus on your business’s core operations. You likely don’t have the time or inclination to manage your accounting yourself.
At Virtus Consulting, we offer professional accounting solutions to help professionals like you keep a record of all your business transactions. Our accounting team takes the hassle out of business accounting with the latest software that saves time and keeps your financial data secure.
Our services eliminate the risk of accounting errors and prevent unnecessary costs resulting from CRA penalties. With our accurate and up-to-date reports, you can make informed and real-time business decisions.
Your
Financial Success
We offer an extensive range of bookkeeping solutions that fit your business requirements. Keeping track of all your financial transactions lets you analyze spending patterns, optimize budgeting, and maintain a positive cash flow.
Our bookkeeping services include:
- Managing accounts on a day-to-day basis
- Recording and paying accounts payable
- Issuing invoices to customers
- Preparing and sharing financial reports
- Reconciling bank and petty cash accounts
- Collecting financial data for annual audits
- Monitoring cash levels
Our bookkeeping solutions are valuable during tax season, providing convenient access to all the necessary information. With our bookkeeping system, you will also have no problem identifying potential write-offs and minimizing your tax obligation.
By tracking the cash that moves in and out of your business, you can manage your cash flow and take early steps to ensure that you meet all your financial obligations. Our cloud-based bookkeeping solutions record transactions as they occur, and you can access this data anytime and anywhere.
Payroll
Solutions
If your business has employees, you must manage employee turnover, administer benefit plans, and ensure that remittances and deductions comply with legislation. However, taking care of these tasks can be time-intensive and stressful.
At Virtus Consulting, we can take care of all your payroll management needs, saving you valuable time and money. Our payroll solutions comply with all relevant legislation, and we tailor these scalable solutions to fit your business’s requirements.
In addition to timely and accurate payroll for all your employees, our payroll solutions include:
- Tracking deductions according to your benefit plan
- Tracking costs relating to your business’s employment perks
- Providing employees with a platform where they can access their payroll and tax forms
Do you need a professional to set up your payroll to be straightforward, above-board, and error-free?
Get in touch with us at Virtus Consulting. Our payroll solutions integrate seamlessly with all our accounting solutions, including tax planning and bookkeeping.
Call us today and Schedule a free consultation
If you are looking for accounting, bookkeeping, tax or financial advice, whether you are an individual or a business, we would be happy to help. Please click the button below to enter your details and one of our team members will get back to you asap.
Corporate Accounting
and business consulting
Our experienced team of accountants at Virtus Consulting offers a comprehensive range of corporate accounting services in Winnipeg to help you achieve sustainable business growth. These solutions aim to help you understand your business’s financial performance in-depth.
We can also advise you on your financial reporting obligations under the relevant laws.
Preparing and reviewing financial statements are significant components of our accounting services. These financial statements include:
- Income statements
- Balance sheets
- Cash flow statements
- Statements of shareholders’ equity
Our bookkeeping solutions are valuable during tax season, providing convenient access to all the necessary information. With our bookkeeping system, you will also have no problem identifying potential write-offs and minimizing your tax obligation.
By tracking the cash that moves in and out of your business, you can manage your cash flow and take early steps to ensure that you meet all your financial obligations. Our cloud-based bookkeeping solutions record transactions as they occur, and you can access this data anytime and anywhere.
Corporate
Tax Planning
Under Canadian tax law, all registered corporations must file corporate taxes annually, even if they are exempt from tax or idle with no income. Non-profit organizations must also file corporate taxes.
If this tax applies to you, you must file your corporate tax return within six months after the financial year ends.
At Virtus Consulting, we can assist you with all aspects of corporate tax preparation:
- Preparing and filing your T2 tax return
- Ensuring compliance with all provincial and federal regulations
- Preparing and filing all employee returns, including T4, T4A, and T5
- Preparing and filing Retail Sales Tax (RST), Provincial Sales Tax (PST), Federal Government Goods and Services Tax (GST), and Harmonized Sales Tax (HST)
- Assistance during tax appeals and communications with the CRA
We offer extensive corporate tax planning services to ensure you receive all the tax deductions, incentives, and benefits that apply to your situation, minimizing your tax burden. We also provide accurate and reliable tax estimates, so you won’t have to deal with unpleasant surprises when it is tax time.
Personal
Tax Planning
At Virtus Consulting, we offer personal tax planning solutions to meet your particular requirements. These services ensure full tax compliance while taking advantage of all available credits, incentives, and deductions.
The personal income tax services we offer doctors and other professionals include:
- Private tax consulting and planning
- Personal tax return preparation and filing
- Personal income tax back filing
- Voluntary tax disclosure
- Assistance during tax appeals
- Small business tax integration
We pull out all the stops to minimize your tax hit and maximize refunds. We also ensure that you never miss filing and payment deadlines, eliminating unnecessary penalties.
Working with us saves time, as you don’t need to prepare and file the tax return yourself. If you are facing an audit, we can also assist you in dealing with the CRA.
As professional accountants, our team at Virtus Consulting can provide you with high-end accounting, tax, and advisory solutions. If you need reputable accounting services in Winnipeg, Manitoba, call us at 431-808-0159 to book a free consultation.
