Comprehensive Accounting and Tax Solutions for Corporations

At Continental Prime Accounting, we provide customized financial, accounting, and strategic support to help corporations navigate today’s complex business landscape. From bookkeeping to corporate tax compliance, our services are designed to empower businesses with accurate financial insights and strategic solutions.

  • Bookkeeping
  • New Business Formation
  • Financial Statements
  • Payroll & Remittance Management
  • Corporate Tax Compliance
  • CRA Review & Appeals
  • Business Dissolution
  • Workers' Compensation & Employer Health Tax Filing
  • Provincial & Federal Annual Reports
Success Rate in Strategic Implementation
Improvement in Analytical Accuracy
Client Satisfaction with Results

What We Offer

New Business Formation

We assist entrepreneurs in establishing their businesses by guiding them through:

  • Choosing the right business structure (sole proprietorship, partnership, or corporation).
  • Registering with the appropriate authorities.
  • Obtaining necessary licenses and permits.
    Proper business formation ensures legal protection, tax efficiency, and regulatory compliance.

Business Dissolution – Corporation Dissolution

If a corporation is no longer operating, we handle the necessary documentation for provincial or federal dissolution, ensuring a smooth and compliant closure.

Bookkeeping

Accurate bookkeeping is essential for financial management and tax compliance. Our bookkeeping services include:

  • Recording financial transactions (sales, purchases, receipts, and payments).
  • Reconciling accounts for accurate reporting.
  • Generating reports to provide financial insights and support decision-making.

Payroll, Remittance Management & Slips Filing

We manage payroll processing to ensure compliance with tax regulations and labor laws. Our services include:

  • Wage calculations and deductions.
  • Payroll tax remittance.
  • Preparation and filing of T4, T4A, and other required slips.

Workers’ Compensation & Employer Health Tax Filing

We assist businesses with the preparation and filing of Workers’ Compensation (WCB/WSIB) and Employer Health Tax (EHT) reports, ensuring compliance with provincial regulations.

Financial Statements (Unaudited)

We prepare financial statements, including:

  • Balance Sheets – Showing assets, liabilities, and equity.
  • Income Statements – Summarizing revenue and expenses.
  • Statement of Retained Earnings – Tracking changes in business equity.
    These reports provide critical insights into business performance and financial health.

Corporate Tax Return & Compliance

We handle corporate tax filings, ensuring compliance with federal and provincial tax regulations. Our services include:

  • Corporate tax return preparation (T2 filing).
  • Identifying deductions and tax-saving opportunities.
  • Tax planning strategies to minimize liabilities.

CRA Reviews & Appeals

We assist businesses in responding to CRA reviews and inquiries by:

  • Preparing and submitting necessary documentation.
  • Addressing compliance concerns to minimize penalties.
  • Supporting appeals and dispute resolution if required.

Provincial & Federal Annual Report Filing

We ensure corporations remain in good standing by preparing and filing annual reports with provincial or federal authorities, keeping businesses compliant with regulatory requirements.

Our tailored solutions help corporations streamline financial operations, optimize tax efficiency, and maintain compliance with Canadian regulations. Let us handle your accounting needs so you can focus on growing your business.

Intermediate to Complex Corporation Package – Assessed on a case-by-case basis.

Have any Questions? Call us Today!
604-563-2251