Personal Tax Preparation

With over 21 years of combined tax preparation experience, you can rest assured that your income tax will be prepared accurately. Our expert team of tax preparers can handle all situations including: employment income, pension retirement and annuity income, RSP, RIF, EI income, social assistance including WSIB, income from trust, investment income, employment expenses, automobile expenses, rental income, business income, registered labour sponsored funds, taxable benefits, professional income, farming income, fishing income, taxable capital gains, deceased returns, divorce and separation, medical and charitable donations, the list goes on and on. Our basic tax returns start at $52.00 and includes free e-filing services. Also we offer tax planning advice so why not come in and see us today.

Corporate Accounting

Barrow-Smith Consulting Inc. knows that being a corporate company requires an accounting system that performs many functions. Barrow-Smith can provide consulting and planning to help you get the incorporation process started or we can help you organize the structure of your current corporation. We can also help in accounting matters involving reconciling and depreciating incorporation fees, entering all daily sales information, invoicing for any services the business provides, performing accounts payable and accounts receivable functions, controlling inventory and preparing inventory reports, reconciling bank and credit card accounts, performing timely payroll functions, tracking source deductions, preparing T4's and T5's, tracking GST, PST, EHT, HST, QST and WSIB remittances, preparing cash budgets, monitoring cash flow and expenditures on a timely basis, preparing month end and year end financial statements and preparing corporate income tax returns as necessary.

 Sole Proprietorship

At Barrow-Smith Consulting we understand that every business is run differently and as such every business requires its own accounting system. This can involve entering all daily sales information, invoicing for any services the business provides, performing accounts payable and accounts receivable functions, controlling inventory and preparing inventory reports, reconciling bank and credit card accounts, performing timely payroll functions, tracking source deductions, preparing T4's, tracking GST, PST and WSIB remittances, preparing cash budgets, monitoring cash flow and expenditures on a timely basis, preparing month end and year end financial statements and preparing income tax returns. We can also help you get your business started and consult with you on the steps you should take to ensure everything starts out smoothly. Working together, we can help design a system that works best for your business.

Not for Profit Accounting

Not for Profit Organizations require a unique type of accounting where emphasis is placed on rendering of services without profit motivation. Barrow-Smith Consulting has extensive experience in this type of accounting and understands the value of budgeting to these organizations. We can also handle the day to day operations required to run these types of businesses including: entering all daily sales information, invoicing for any services provided, performing accounts payable and accounts receivable functions, reconciling bank and credit card accounts, performing timely payroll functions, tracking source deductions, preparing T4's, tracking GST, PST, EHT, QST, HST and WSIB remittances, preparing budgets and monitoring variances between actual and budgeted figures, monitoring cash flow and expenditures on a timely basis, preparing month end and year end financial statements and not for profit tax returns.

   Partnership

Knowing that partnerships create unique situations with respects to accounting, Barrow-Smith Consulting can create the right accounting system for you. We specialize in entering daily sales information, and invoicing for all services the partnerships provides, performing accounts payable and accounts receivable functions, controlling inventory and preparing inventory reports, reconciling bank and credit card accounts, performing timely payroll functions, tracking source deductions, preparing T4's tracking GST, PST and WSIB remittances, preparing cash budgets, monitoring partnership agreements to ensure compliance, monitoring cash flow and expenditures, preparing month end and year end financial statements, partnership equity statements and income tax preparation. Working together, we can help design a system that works best for your and your partner.

Franchise Accounting

At Barrow-Smith Consulting we understand that being a franchisee requires an accounting system that can adapt to accounting requirements regulated by the franchise agreement and provide reports that comply with their operating procedures. This can involve reconciling and depreciating franchise fees, entering all daily sales information, performing accounts payable and accounts receivable functions, controlling inventory and preparing inventory reports, reconciling bank and credit card accounts, performing timely payroll functions, tracking source deductions, preparing T4's, tracking GST, PST and WSIB remittances, preparing cash budgets, monitoring cash flow and expenditures on a timely basis, preparing month end and year end financial statements and preparing corporate or personal income tax returns as necessary. Working together, we can help design a system that works best for your business.