BBA Tax
Small Business Accountant in Ottawa
What We Do
Bookkeeping
Monthly digital bookkeeping to keep you up to date with your filings & budget. Monthly/Year-end income statements and balance sheets
Coporate Taxes
Diligent preparation of corporate income tax files while minimizing taxes payable.
Incorporation
Comprehensive support for corporation setup: optimizing structure, protecting against liability, ensuring tax compliance, and setting the stage for success.
Financial Management
Our team of financial management experts will help you initiate the perfect lead plans and strategies for your business. Let us be your virtual CFO.
CRA Audit Defense
Representing you during the audit, objecting to unfair assessments, and negotiating payment terms on your behalf. This is usually a stressful time, leave it to us.
Our Approach
At BBA Tax, we adopt a personalized and client-focused approach to meet the unique needs of small businesses in Ottawa. Our comprehensive range of services, including bookkeeping, corporate and personal taxes, CRA audit defense, incorporation, and financial management, is designed to simplify your financial processes and ensure compliance.
We take the time to understand your specific goals and challenges, providing tailored solutions that drive growth and efficiency. With BBA Tax, you can trust that your financial health is in expert hands, allowing you to focus on what you do best—running your business.
Accounting Services for Small Businesses
At BBA Tax, we provide a full suite of accounting services tailored specifically for small businesses. From meticulous bookkeeping and tax preparation to CRA audit defense and financial management, our expert team is dedicated to ensuring your business’s financial stability and growth. Let us handle the numbers so you can focus on running and expanding your business with confidence.
Why Your Small Business Needs A Tax Accountant in Ottawa
Accounting is essential when starting a small business, as it provides owners with a clear understanding of their operational performance. Additionally, maintaining comprehensive records is crucial for tax and regulatory compliance.
Financial Forecasting
Small businesses typically need to create a business strategy that includes financial reports, economic forecasts, and projected expenses. Lenders and investors heavily depend on this accounting information to ensure that the business owner has a clear grasp of the anticipated financial outcomes.
Budget Planning
Creating a budget is a vital accounting task when starting a business. Budgets outline the costs associated with various business activities, allowing for the allocation of funds for hiring staff, marketing strategies, inventory purchases, and other expenses. By following a budget, entrepreneurs can manage their finances efficiently and avoid unnecessary expenditures, ultimately saving money and focusing resources on essential business needs.
Report Revenue and Profits
Typically, a business measures its profitability through accounting. Companies need to assess how efficiently they are using their resources to deliver services and how their inventory costs compare to their profit margins.
Professional Insight and Recommendations
BBA Tax brings extensive education, expertise, and skills to help entrepreneurs organize their accounting processes. Business owners may also benefit from professional advice when filing tax returns and ensuring all business-related expenses are accounted for at year’s end.
Success Stories
I'm an ELITE Certified QuickBooks ProAdvisor
Business owners regularly face issues with bookkeeping & this is where a ProAdvisor can help! Using my skills & experience, I can help you organize your books & even bring you back up to date if required. Let’s build up your books in order to provide you with the most up to date, reliable and accurate information about your company!