Asset Management
Asset Management
With changing accounting, tax, and regulatory pronouncements, the world of asset management is constantly changing. But with every evolving investment strategy and increasingly complex asset management structure comes opportunity.
At Tax Partners, our professionals are at the forefront of the industry, as we take advantage of efficient operating structures to ensure increased transparency helping our clients adapt their investment strategy and take full advantage of every opportunity they can. We apply a holistic approach, using our cross-functional industry knowledge to offer comprehensive, integrated solutions with proven results.
By staying on top of the latest industry developments, we help Investment Fund organizations, advisors, and administrators anticipate challenges, comply with regulations, and ultimately, stay ahead of the competition.
In past clients we serviced, we acted as the “outsourced” company and have completed the following tasks and we are fully equipped to assist you.
- Corporate Accounting
- Complete corporate monthly financial and reporting packages
- Prepare annual financial statements and facilitate audits and review for corporate entities
- File monthly GST/HST returns and respond to audits and inquiries as required
- Distribute asset management fee invoices and follow up on outstanding collections
- Client Cash Management
- Review and submit approved draw requests to clients
- Review distributions and communication of notices to clients
- Initiate online wire transfer of income distributions to clients
- Cash flow reforecasting as required for development and income-producing properties
- Client Accounting
- Full-cycle accounting for corporate statements
- Track intercompany loans
- Code accounts payable
- Post cash transactions
- Maintenance of share registers and equity schedule
- Calculate profit on land and building sales
- Prepare corporate draw requests and distributions as required
- Facilitate annual audits
- Prepare budgets
- Full-cycle accounting for corporate statements
- Asset Management
- Prepare client reports for quarterly updates including lease data, Investment Property Databank (IPD) Index, property summary and monthly trial balance uploads
- Prepare annual budgets
- Calculate asset management fees for incorporation within the property budgets
- Prepare templates and financial schedules for budget reporting - Report on project-specific approved funding limits and availability
Contact the specialists at Tax Partners today by email at [email protected] or by phone at 905-836-8755.
Architecture and Engineering
Tax Consultant
Content coming soon…
Asset Management
Content coming soon…
Automotive Consultants
Content coming soon…
Biotech Claims Experts
Content coming soon…
Broker‑Dealers & Futures Commission Merchants
Content coming soon…
Business Services
Content coming soon…
Cannabis Tax Canada
Content coming soon…
Cryptocurrency Accounting & Tax
Content coming soon…
Construction
Content coming soon…
E‑commerce Tax
Content coming soon…
Gaming Tax Accountants
Content coming soon…
Food & Beverage Tax
Content coming soon…
Franchising
Content coming soon…
Healthcare
Content coming soon…
Industrial Equipment
Content coming soon…
Law Firms Tax
Accounting, Tax & Bookkeeping Services For Lawyers
Tax Partners provides accounting, tax and bookkeeping services to lawyers. We offer monthly, quarterly and annual bookkeeping services for a fixed fee. We also offer customized financial reports for your special needs so you can make a timely sound business decision.
As we performed several law firm's accounting, tax and consulting engagements every year, we know what Ontario Law Society requires to have a clean set of accounting books. Unlike other accounting and bookkeeping firms, our knowledgeable and professional bookkeeping staff is supervised directly by industry standards. This means that your reports are accurate and timely to make a well-informed critical business decision and stay in compliance with the Ontario Law Society.
Our accounting and bookkeeping services for lawyers are affordable, accurate and timely. We will deal with the Canada Revenue Agency (CRA) on your behalf so you can stay focused on your business growth and be profitable. We are specialized in setting up an accounting system using such as PC Law and “QuickBooks for law firms” at a very competitive price.
Our Family Office Services cover it all – coordinating with your investment manager and other professional advisors, and even bill payments, monthly bookkeeping, money management, tax planning and so much more. Let Tax Partners be your Chief Financial Officer. We will make sure everything (and everyone) is working together to reach your family's goals.
Personal Affairs Management
Let us take care of the details for you, and your whole household – from bill payments, money transfers, and bookkeeping to working with your investment advisors and collaborating with other specialists on your behalf. We do what it takes to support and protect your family's investments, business, real estate, and more.
Services
- Full Cycle Bookkeeping
- Reconciliation of General Bank Accounts as per Ontario Law Society guidelines
- Reconciliation of all Trust Bank Accounts as per Ontario Law Society guidelines
- Reconciliation of all Trust Clients Accounts and GLs
- Reconciling and Maintaining Accounts Payable Ledgers (AP)
- Reconciling and Maintaining Accounts Receivable Ledgers (AR)
- GST / HST, PST and WCB Reporting
- Preparation of Profit and Loss Reports
- Preparation of Financial, GLs and Custom Reports
- Payroll, Record of Employment & T4 Reporting
- Preparation of Financial, GLs and Custom Reports
- Complete Tax Support for Businesses, Corporations, and Personal Taxes
Types of Reporting
- Compilation Engagement (Notice to Reader) Financials
- Reviewed Financial Statements
- Ontario Law Society Notice to Reader Financials Engagement
- Business Plans and Financial Projections
- CRA Audit Representation, Business & Personal
Our Advantage
- Stay in compliance with the Ontario Law Society
- Affordable, timely and accurate bookkeeping services
- Fixed fee rate to avoid surprises
- Customized Reports for your business
- Stay in compliance with Canada Revenue Agency (CRA)
- Stay in compliance with Canada Revenue Agency
- We support PCLaw, QuickBooks, Sage accounting, and many online cloud-based accounting packages provide bookkeeping support and training
Tax Partners has the talent and depth of knowledge to effectively and efficiently help you keep your firm moving forward.
We can help you sort through the endless stream of information and guide you accordingly. Contact us at [email protected] or by phone at 905-836-8755.
Manufacturing & Distribution
Content coming soon…
Metal Industry Tax
Content coming soon…
Not‑for‑Profit Tax
Content coming soon…
Plastic Tax Canada
Content coming soon…
Private Equity & Venture Capital
Content coming soon…
Real Estate
Content coming soon…
Retail & Consumer Products
Content coming soon…
Senior Care & Living Centers
Content coming soon…
Specialty Finance
Content coming soon…
Technology Tax Consultant
Content coming soon…
Transportation & Logistics Tax
Content coming soon…