Welcome to Toronto Accounting

Edgewater specializes in three different market segments; Individual Taxes, Taxes for Self Employed Professionals and Corporate Taxes. We are always up-to-date on Canadian Tax Laws and we continuously analyze the impact of changes in regulations on the businesses of our clients. We will maximize your tax refund and also deal with Canada Revenue Agency on your behalf. Edgewater also provides electronic filing and tax consultation.

• Personal Tax Returns

Edgewater does income tax returns for a variety of individuals like students, corporate professionals, seniors and folks on employment insurance. We meet all the needs of this diverse client base. Moreover we are very affordable and trustworthy.

• Self Employed Tax Returns

Edgewater does income tax returns for a variety of self employed professionals from air conditioning contractors to Information Technology professionals. The returns may be relatively simple or fairly complex; the professionals at Edgewater have the ability to do them efficiently. We also offer tax consulting to self employed professionals.

• Corporate Tax Returns

Edgewater does income tax returns for a variety of corporations which includes high tech companies, real estate contractors, and companies in the financial services and media industry. We have a complete knowledge of federal and provincial income tax regulations as well as corporation capital tax. We continuously analyze the impact of changes in Canadian Tax Regulations on the businesses of our clients. Our insights enable our clients to not only save taxes but also enable them to improve their business operations.

Edgewater provides Accounting & Bookkeeping services to a range of clients. We specialize in bookkeeping, accounting and payroll for small corporations. We also provide Quickbooks support and financial statement preparation and analysis. The reports that we prepare for our clients are not a set of dry numbers, rather they become a tool for navigating the business in the right direction.

• Value Added Bookkeeping Services

Edgewater provides bookkeeping services for businesses using Quickbooks, Simply and Accpac. The bookkeeping service includes:

• TOTALLING - totalling revenues and expenses
• RECORD KEEPING - maintaining records of revenues and expenses from receipts, reconciliation of bank statements
• ACCOUNTS RECEIVABLE - invoicing, progress billing, interac, deposits, management of accounts receivable.
• ACCOUNTS PAYABLE - invoice entry, cheque preparation & disbursements, management of accounts payable
• TAXATION HST, payroll remittance
• SUB-CONTRACT - sub-contract administration
• GENERAL - bank reconciliation, Interac reconciliation, year end reporting, financial statements, budgeting
• TRAINING - Quickbooks training

• Payroll

Edgewater provides payroll services that improve payroll management for employers of every size and type. We handle the time-consuming tasks of payroll processing and employee payroll tax filing so you can focus on the core areas of your business. We provide an efficient payroll service that streamlines the payroll process, improves productivity and management reporting and enables you to better administer your business. You manage the level of control and responsibility as it pertains to your payroll, we provide the service.

• Business Plans

Edgewater Consulting has MBAs with many years of corporate and consulting experience who help you develop a clear, concise and compelling business plan. We have strong commercial acumen and a deep understanding of functioning of businesses and the market. Additionally we have strong expertise in financial modelling, cash flow forecasting and valuations. Our business plans are:

• Structured for banks and lenders
• Professional
• Personalised
• Comprehensive
• Affordable

• Business Valuation

The professionals at Edgewater Consulting have strong expertise in valuing businesses. Valuation is used by financial market participants to determine the price they are willing to pay or receive to consummate a sale of a business. Valuation is also used by businesses to resolve disputes related to divorces, a partner’s interest in the business and many business and legal purposes. While valuing a business, we look at various factors such as the market, economic conditions, the industry, management of the company, its competitors and the competitive advantages that the company has. Some of the valuation techniques that we use are:

• Discounted Cash Flow
• Price Earnings Ratio
• Market Value