Navigating the Goods and Services Tax (GST) system requires meticulous attention to detail to ensure proper compliance and optimal cash flow. At KP Accounting, our experienced Edmonton we provide comprehensive GST services for businesses of all sizes, handling the complexities of calculation, filing, and CRA reporting on your behalf.
What Our GST Services Include
We provide a full suite of services to manage your business number requirements and ensure accurate reporting. Our core GST services include:
- CRA GST/HST Registration: Guidance on whether your business needs to register and expert handling of the registration process.
- GST Return Preparation and EFILE: Accurate calculation of GST collected and paid, ensuring timely electronic filing to avoid penalties.
- Input Tax Credit (ITC) Optimization: Thorough review of your expenses to identify and maximize all eligible ITCs, reducing your net tax owing.
- Remittance Strategy and Planning: Advice on proper timing for GST remittances to effectively manage your company's cash flow.
- Compliance Review and Audits: Expert support and representation in the event of a CRA GST audit or review.
Why KP Accounting for Your GST Needs?
As a leading Edmonton tax firm, we go beyond just number-crunching. We analyze your unique business structure to ensure you are utilizing the correct filing methods (Simplified vs. Regular) and that your bookkeeping effectively tracks GST data. Proper GST management is vital for maintaining good standing with the CRA and supporting your long-term economic success.
Streamlined GST Process
Our process is designed to be hassle-free. Our team—comprised of over 55 experts—will collect your financial data, reconcile your GST accounts, prepare the returns for your review, and handle the secure electronic submission. If we handle your ongoing bookkeeping, your GST returns are integrated seamlessly with your monthly or quarterly reporting.