Client had not filed personal income tax returns or GST returns for 5 years.
Solution:
Assessed the client business situation over the last 5 years to determine gaps in financial reporting and critical areas requiring immediate attention in terms of compliance
Develop a realistic schedule consisting of all deliverables required by the client, their bookkeeper, and my firm to provide accurate and compliant reporting for tax filing.
Oversaw the quality of data provided by bookkeepers and incorporated corrections as required.
Negotiated the delivery and payment timeline with CRA to ensure accuracy and compliance, within the client’s ability to deliver and pay.
Outcome:
The CRA accepted the delivery and payment plan. The client is now able to focus on their business and sleep better at night.