Accounting, Tax, Bookkeeping & Payroll Services

How BOMCAS Canada delivers Canadian accounting services

BOMCAS Canada offers a complete portfolio of Canadian accounting, tax, bookkeeping, payroll, and business advisory services delivered entirely on a virtual, cloud-first basis. Every service listed above is available to clients in every Canadian province and territory under the same transparent pricing model, the same secure technology stack, and the same Canadian-accountant-led workflow. This page describes how the services connect to each other, when each one is needed, and how to choose the right combination for your situation.

Personal tax services (T1)

Our personal tax services cover the full T1 General return for Canadian residents, deemed residents, non-residents with Canadian-source income, and newcomers in their first year in Canada. We prepare returns for employed individuals, commission salespeople, self-employed sole proprietors (Form T2125), rental property owners (Form T776), investors with capital gains and capital losses (Schedule 3), Canadian and US dual filers (with cross-border coordination), and members of partnerships. We optimize RRSP and FHSA contributions, claim eligible medical expenses, donations, tuition (T2202), childcare expenses, disability tax credit, Canada caregiver credit, climate action incentive payments, and provincial credits unique to each province (Alberta, BC, Ontario Trillium Benefit, Quebec credits via TP-1, and so on).

Corporate tax services (T2)

For Canadian-controlled private corporations (CCPCs) and other Canadian corporations we prepare the federal T2 corporate return, Schedule 50 shareholder information, Schedule 8 capital cost allowance, Schedule 100/125 financial statements, Schedule 1 reconciliation of net income for tax, the small business deduction calculation, the general rate income pool (GRIP) and low rate income pool (LRIP) calculations, capital dividend account tracking, and refundable dividend tax on hand (RDTOH and the post-2018 ERDTOH/NERDTOH split). Quebec corporations also receive their CO-17 filing through Revenu Québec; Alberta corporations receive the separate AT1 provincial return. We coordinate with your bookkeeper (or our own bookkeeping team) to ensure trial balances reconcile cleanly before the return is filed.

GST/HST, QST, and PST

Canada's indirect tax landscape is one of the most fragmented in the world. We register businesses for GST/HST, prepare and electronically file monthly, quarterly, or annual returns, handle the quick method election where it benefits the client, manage input tax credit documentation, and coordinate Quebec's parallel QST regime through Revenu Québec. British Columbia, Saskatchewan, and Manitoba clients also receive provincial sales tax (PST/RST) registration and filing support, including the distinct rules that apply to construction contractors, accommodation providers, and online sellers.

Bookkeeping, payroll, and financial statements

Behind every accurate tax filing is a clean set of books. Our bookkeeping team works exclusively in cloud accounting software (QuickBooks Online, Xero, and Sage Business Cloud Accounting) and follows a documented monthly close checklist: bank and credit card reconciliations, payroll posting, sales tax reconciliation, accounts receivable and payable review, and a management report package. Payroll services include CRA payroll account setup, semi-monthly or bi-weekly pay runs, source deduction remittances (CPP, EI, and federal/provincial income tax), Records of Employment (ROEs), and year-end T4 and T4A slips. Where investors, banks, or shareholders require formal financial statements we prepare compilation-quality statements with note disclosure; for engagements that require an external CPA review or audit we refer to a trusted Canadian CPA partner.

Advisory, planning, and CRA representation

Compliance is only half of what a Canadian accounting firm should provide. Our advisory services include incorporation planning (federal vs. provincial, share structure, family trust integration), salary-versus-dividend optimization (taking into account 2025 federal small business deduction rules, integration, and TOSI), purchase-and-sale of business support (asset versus share, Section 22, Section 85 rollovers), real estate tax planning (current vs. capital, principal residence exemption, GST/HST new housing rebate, underused housing tax), and proactive year-round CRA representation (review responses, audit support, objections, voluntary disclosures).

How services combine for a typical Canadian small business

A typical Canadian-controlled private corporation engaged with BOMCAS Canada uses four to six of the services above. The most common combination is: (1) monthly cloud bookkeeping, (2) quarterly GST/HST filing, (3) bi-weekly payroll for two to ten employees, (4) year-end compilation financial statements, (5) the T2 corporate return, and (6) personal T1 returns for the owner-manager and spouse. We bundle these into a single fixed monthly fee with no surprises so owners can budget accurately and focus on the business rather than on accounting administration.

Choosing the right starting point

If you are unsure which service to begin with, start with a complimentary 20–30 minute discovery call. We will ask a short series of practical questions — your business structure, fiscal year, current bookkeeping arrangement, employee count, sales tax registration status, prior-year CRA correspondence, and immediate deadlines — and recommend the most cost-effective starting service. New clients frequently begin with a catch-up bookkeeping engagement so that the books are clean before any tax filing, then move into a monthly ongoing arrangement once everything is current.

Canadian Accounting, Tax & Bookkeeping Services

Tax Services

Personal Income Tax (T1)

Corporate Income Tax (T2)

GST / HST Returns

Cross-Border Tax (Canada–US)

Non-Resident Tax Services

Real Estate Tax Services

CRA Audit Support

Tax Planning

Back Tax Returns (Late Filing)

CRA Tax Debt Relief & Voluntary Disclosure

Estate & Trust Tax (T3)

SR&ED Tax Credits

Underused Housing Tax (UHT) Filing

Bookkeeping & Payroll

Bookkeeping Services

Cloud Bookkeeping (QBO / Xero)

Catch-Up Bookkeeping

Cleanup Bookkeeping

Payroll Services

Farm & Agriculture Accounting

Trucking Accounting & IFTA

Restaurant & Hospitality Accounting

Accounting & Advisory

Small Business Accounting

Financial Statements & Compilation

Business Incorporation

Business Advisory & CFO Services

Virtual Accounting (Canada-Wide)

Work with a Canadian accountant who actually picks up the phone.