Veracity Accounting has extensive experience in a variety of industries.
We provide a range of services from complex Tax Return Filing to Bookkeeping.
Managing your taxes and accounting can be challenging as a retailer, as theyhave to track their sales, inventory, expenses, and other financial transactions.
Inventory recording and financial transactions is important for retail businesses as it can affect financial statements and tax liabilities.
Independent contractors face unique tax accounting challenges, such as managing cash flow, tracking project costs, and complying with tax laws related to subcontractors and labor costs.
Our CPA accountants in Toronto can help you save time, and minimize your tax liability.
Real estate investors and agents encounter specific tax, accounting, and bookkeeping challenges, including property purchase and sale tracking, rental income and expense management, and adherence to intricate CRA tax regulations.
Our dedicated expert small business accountants offers consulting services to assist you in making well-informed business decisions. They can analyze your accounting figures, enhancing profitability and cash flow for your real estate ventures.
As a restaurant owner, they are subject to various taxes, including income tax, payroll tax and HST filing. Our expert tax accountant can help ensure that our clients take advantage of all available deductions and credits and help navigate any changes to tax laws.
Transportation businesses are typically subject to fuel taxes which can be complex and time-consuming to calculate and report on time without any error or ommision.
Our Tax Accountants can help ensure that you are in compliance with fuel CRA tax laws and regulations.
Your relationship is with a professional accountant with in-depth Industry-specific tax and accounting knowledge.
We maintain a complete understanding of your financial situation.
We use Canada’s top-rated commercial tax preparation software to provide accurate tax returns for your specific tax situation.
Manufacturing businesses require cost accounting to accurately track production costs, including materials, labour, and overhead. An accounting service can help you analyze these costs and determine ways to reduce expenses and increase profitability.
Veracity Accounting firm provides manufacturers with a complete tax and accounting solution that meet their needs.
Veracity Accounting can provide entrepreneurs to help them make informed business decisions. We can help you analyze your numbers and provide suggestions for improving your accounting system.
At Veracity Accounting firm, we take a long-term perspective when assisting our clients in growing their businesses and minimizing their taxes.
Construction businesses require cost accounting to track project costs, including labour, materials and subcontractor expenses on monthly basis.
Veracity accounting can help you precisely record these numbers, which helps you to reduce expenses and increase profitability.
Doctors often face complex tax issues regarding healthcare reimbursements and investments.
At Veracity Accounting, we specialize in assisting doctors with tax planning and preparation.
Our expertise includes minimizing tax liabilities by utilizing applicable tax credits, ensuring doctors can effectively navigate their taxes while reducing their tax burden.
To address the unique tax, accounting, and bookkeeping challenges faced by real estate investors and agents in Toronto. Including property purchase and sale tracking, rental income and expense management and compliance with complex CRA tax regulations, our dedicated real estate accountant provides valuable consulting services.
Trust our team to navigate the intricacies of property tax in Toronto and optimize your financial outcomes.
Services We Offer
“At Veracity Accounting, our team of expert Chartered Professional Accountants are always ready to help Canadians who need their taxes done or who simply need accounting services”