Answers to Frequently Asked Questions for Individuals and Businesses in Oakville and Across Ontario
At Glenn Graydon Wright LLP, our trusted and reliable Chartered Professional Accountants have been delivering tailored accounting, business advisory, and tax services to clients in Oakville and Southern Ontario since 1958. For three generations, we have been committed to providing expert solutions and maintaining strong working relationships with families and businesses, some of whom have been with our firm since its inception.
Our varied clientele not only rely on us to service their day-to-day accounting needs but also appreciate our proactive advice designed to help them grow and nurture their business and personal finances.
With more than 60 years of experience, our trusted experts provide high-quality accounting, business advisory, and taxation solutions to a wide range of clients from a variety of industries. We offer the following services:
- Accounting and Bookkeeping
- Audit and Assurance
- Business Advisory
- Tax Planning and Preparation
Our knowledgeable staff take the time to know our clients and build long-term relationships so we can deliver tailored solutions to meet their individual needs. You can depend on our knowledge and experience to make sure that you have the best strategies to ensure your personal or your business’ success.
We understand that not being able to access our pricing on our website can be frustrating. However, we have chosen not to share our pricing because we don’t provide cookie-cutter solutions. We deliver strategies that meet the specific needs of each of our clients.
Feel free to contact us to learn more about what we do. We would be happy to answer any questions and explain how we can help you or your business.
Our diverse clientele includes individuals and families, as well as entrepreneurs, small proprietorships, large corporate groups, and not-for-profit organizations. We also deliver expert support for various business structures, including franchises, partnerships, and corporations from many different sectors, like food service, the automotive industry, and the construction industry.
While managing your accounting and tax planning on your own may seem like a good way to save money, keeping track of deadlines and ever-changing business regulations and tax legislation can be challenging, and not adhering to those rules could cost you money in fines and fees. Working with a fully licensed Chartered Professional Accountant ensures your financial data is in the hands of an expert. Our highly knowledgeable staff are always up to date with the latest business and tax laws. We can manage your day-to-day bookkeeping, ensure your financial reports and tax preparations are processed on time while meeting necessary regulations, and help identify the steps to achieve your business goals.
The Canadian Revenue Agency (CRA) administers tax laws for the Government of Canada, and it reviews and collects tax returns. Navigating the CRA’s rules and legislation so you know and understand your obligations can be overwhelming, and having to deal with the CRA directly can be intimidating, but it doesn’t have to be. Our tax experts will ensure that all your preparation and planning needs are met. As well as preparing your tax returns, we will also act as your representative on all matters dealing with the CRA.
While bookkeeping is the process that records your business’ financial transactions, accounting is the process used to analyze and interpret that financial data before creating reports like balance sheets and financial statements. We can take on your day-to-day bookkeeping needs while also compiling comprehensive financial statements and reviewing your financial data to help you understand trends, cash flow, and your company’s financial health. With this information, we can help you prepare and plan for the future while also filing the necessary tax returns.
A corporation is a separate entity from its owners and shareholders, while a proprietorship is owned and operated by a single person who is essentially their business.
A corporation can have multiple owners through shares, and shareholders are not legally responsible for their company’s debt or obligations. However, corporations must adhere to strict requirements when starting out while also facing strict government regulations.
Proprietorships are managed by a single owner, and while they are legally responsible for the company’s decisions, proprietorships are ruled by fewer regulations.
Absolutely. We offer a wide range of comprehensive payroll services. Whether you need guidance in setting up payroll for the first time or want to outsource your payroll function, we can ensure your business is set up for payroll success.
Contact Glenn Graydon Wright LLP Chartered Professional Accountants in Oakville
Contact us to learn more about how you and your business can benefit from the team of accounting professionals at Glenn Graydon Wright LLP. We offer comprehensive services to individuals, businesses, not-for-profits, and registered charities throughout southwestern Ontario in a professional and accessible environment. Give us a call today at 905-845-6633, or connect with us online to set up an initial consultation.
