by ABS Professionals | Nov 19, 2014 | Blog
Every corporation operating in Canada has to file a Corporate T2 Tax Return every year even if the corporation has been inactive and/or has no income tax payable that particular tax year.
So your corporation will need to file a T2 corporate tax return every year within six months of the end of its fiscal year. (One of the advantages of incorporating your business is that you don’t have to have a fiscal year that corresponds to the calendar year, but you can have a fiscal year starting in any month and ending twelve months later.)

Generally T2 Corporation Income Tax Return would have to be e-filed by April 30th of every year. If the filing deadline falls on a Saturday, Sunday, or statutory holiday, the Canada Revenue Agency will consider the return filed on time if it is sent on the first business day after the E-Filing deadline. Keep in mind that E-FILE AND CASH BACK are your best solution to getting your refund quickly. With e-file you can get your refund in 2 weeks.
Accountable Business Services (ABS Prof) is an Alberta Canada based company and was established with a vision to provide quality and informed business decisions. We have a history of firm and constant growth and we will continue that into the predictable future!
(more…)
by ABS Professionals | Oct 25, 2014 | Blog
Accountable Business Services (ABS) have a staff of QuickBooks ProAdvisor of Intuit, on hand to provide complete QuickBooks services to companies in Alberta, Edmonton, St Albert, Strathcona County, Calgary, Red Deer, Lethbridge, Medicine Hat, Fort Mcmurray, Grande Prairie, Airdrie, Banff, Canmore, Lloydminster and all across Canada. We provide one step QuickBooks results that will assist facilitate your accounting and data management load, as well immediate customer service and support to respond any questions you might have.
(more…)
by ABS Professionals | Oct 24, 2014 | Blog
Accountable Business Services (ABS) understands that as a business owner you have many responsibilities other than managing your company’s Books. ABS Full Cycle Bookkeeping Services takes care of the Bookkeeping considerations so you can give your full attention to managing and growing your business.
ABS comprehensive approach, knowledge, and experience will improve your company’s financial well being. Just a few of the priorities that we achieve are timely billing and collection, and decreasing costs. We also provide the financial and project data you need to make informed, profitable decisions.
ABS Full Cycle Bookkeeping Services specializes in QuickBooks, Xero (Cloud based Bookkeeping) and Simply Accounting softwares which provides full confidentiality and security. ABS mission is to provide our clients with top-quality Full Cycle Bookkeeping and Accounting solutions in a timely manner meeting all statutory reporting deadlines.
(more…)