Turnaround Accountants

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TurnAround Accountants welcome you. We are an exclusive part of Thannesans Inc. We specialize and offer a full range of Bookkeeping, Accounting, Payroll, Tax preparation and many other accounting services to small, medium and large business at high-quality, affordable rates.

Since 2001, we have served and Corporations, Partnerships, Sole Proprietorships and non-profit organizations in a wide range of area industries.

Our job had involved working with companies that had unorganized, messy books and records, companies that were falling behind in filing taxes, companies that failed to file remittance to the government and companies that came close to closing down or declaring bankruptcy. We had turned these companies around to success. Hence we were branded the name TurnAround Accountants.

Depending on your company needs we partner with you as your bookkeeper, accountant, payroll specialist, tax preparer, controller, business advisor, part-time CFO. It is like having an ENTIRE ACCOUNTING, BOOKKEEPING and PAYROLL DEPARTMENT working for you at an affordable rate.

We are members of:

The Institute of Certified Bookkeepers
The Canadian Payroll Association
The Association of International Accountants
The Association of Accounting Technician
The Association of Business Executives

We operate with integrity. Our continuing quality control program includes regular peer reviews of our account and internal auditing practices

Please take a moment to review our full line of financial services:

Bookkeeping Services:

• Basic bookkeeping
• Advance Bookkeeping – Partnerships, Joint Ventures, Builders, Retail Outlets, Importers /Exporters. Agricultural Business, Trust, Not for Profits, Advance Sales Tax Issues
• Data-entry of your bookkeeping records into accounting software
• Accounts Receivable Reconciliation and Collection
• Accounts Payable and Purchasing
• General Ledger Maintenance
• Goods & Services Tax returns
• Provincial Sales Tax returns
• Bank Reconciliation
• Preparation of accounting reports & financial statement in accordance with Accounting Standard

Payroll services:

(Electronic Filing T4, T4A, T5 information slips, ROE, etc. )
• Prepare pay stubs- salary and statutory deduction calculations
• Expense reimbursement arrangements
• Employee benefits computation
• Determination of final payment upon termination of an employee
• Statement of account for current source deduction.
• Workers compensation reports
• Records of employment
• Preparation of year-end tax forms for employees - T4, T4A, and T5 information slips

GST Remittance / Filing Services

• Explaining how GST works
• Completion of the GST registration forms and formalities
• Preparation and filing of GST returns

Income Tax Preparation:

[Electronic Filing for personal and corporate tax returns]
• T1 Professional Tax Preparation – Basic
• T1 Professional Tax Preparation – Advanced
• T1 Professional Tax Preparation – Proprietorships
• Final Returns on Death of a Tax Payer
• Cross Border Taxation
• Tax Strategies for Financial Advisors

• T2 Corporate Tax Preparation for Micro Businesses
• T2 Corporate Tax Preparation for Small Businesses
• Tax Planning for Corporate Owner-Managers

• Tax for Non Resident

Business Registration:

• Sole proprietorship
• Partnership
• Corporation with complete minute book
• Non-profit organization

Training and Seminars

• QuickBooks
• Organizing your Financial Records

Other Services

• Notary Public
• Letter Writing
• Minute Book Preparation

Software Used:

Quickbooks (Both Desktop and Online)