Public Accounting Services licensed by CPA Ontario
Taxation
Tax Preparation & Planning Experts
Understanding the complexity of the Canadian and US tax systems can be overwhelming. We know that it’s hard to keep up with changing tax legislation for personal and corporate taxation. In addition, you need efficient and effective tax solutions and strategic planning to ensure the best financial outcome.
You won’t just hear from us at tax time – we are here for you year-round to help you plan ahead and make sure that you are getting the incentives and benefits that you deserve. In fact, our full-time Tax Partner, R. Duncan MacPherson, with over 20 years focus on the advanced tax advisory services, together with our highly knowledgeable accounting and audit Partners, help you navigate through the complicated world of taxes and advise you on your best course of action.
Audit & Assurance
Licensed by CPA Ontario
With a constantly evolving market, both management and the board need assurance on the reliability of their financial information, which is fundamental in establishing the confidence of various stakeholders. That’s where Tang & Partners LLP comes in—obtaining that assurance requires a firm that can achieve the highest levels of quality and insight in the audit while providing an enlightened perspective on your business.
The objective of a financial audit performed by Tang & Partners LLP goes beyond the review of financial statements. Our audit opinion keeps the Board of Directors, management, shareholders and stakeholders informed of the company’s equity and financial position, as well as its operations and organizational structure for better control and safekeeping of assets. As part of our services, we continuously communicate with upper management to timely identify matters that might affect the company’s financial position or control over its operations.
Financial Statements
Expert Financial Advice
Financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP) provide a standardized, transparent view of a company's financial health.
Understanding GAAP preparation requires adherence to strict conventions such as the matching principle (recording expenses in the same period as the related revenues) and revenue recognition rules.
Tang & Partners LLP, with CPA Partners having over 100 years cumulative years of experience in preparation of Financial Statements for the following reports:
-Audit Report
-Review Report
-Compiliation Report
Key Industry Expertise
Small Businesses & Franchises
We specialize in providing accounting solutions tailored to the unique needs of small businesses. Our services help small business owners manage their finances effectively and achieve sustainable growth.
We ensure your business, especially Franchises, complies with complex federal, provincial / state, and local regulations while accurately managing royalty fees, advertising fund contributions, and franchise fees.
Medical Professionals
Practice books, provider profitability, owner comp, and a tax strategy built for high-income physicians and practice owner
Startups
Startups face unique financial challenges, and we offer comprehensive accounting support to help them navigate the complexities of financial management. Our services enable startups to focus on growth and innovation while ensuring financial stability.