Professional Tax Accounting Firm Prince Edward Island

• Financial forecasting and cash flow management
• Taxation and auditing.
• Applying for government programs and grants.
• Corporate structuring and tax efficiency
• Succession and estate planning.
• Business restructuring.
• Non-resident and cross-border tax services
• Advisory services concerning current profitability.
• Accounting for biological assets and agricultural subsidies.

BOMCAS Canada is dedicated to providing the highest standard of service to our clients. We take pride in building long-term relationships and ensuring that your financial needs are met with professionalism and integrity. Our goal is to help your business thrive while ensuring compliance with all relevant tax laws and regulations.

At BOMCAS Canada, we specialize in providing professional, reliable, and personalized accounting services for farmers and agricultural businesses across Prince Edward Island. With over 15 years of experience in the Canadian agricultural sector, our team of expert accountants understands the unique financial challenges and opportunities that come with running a farm or agribusiness. Whether you're managing a small family farm or a large-scale agricultural operation, BOMCAS is your trusted partner for all your accounting and tax needs.

Why Choose BOMCAS for Your Farm Accounting in PEI?

Farming is more than just a business—it's a way of life. At BOMCAS, we recognize the seasonal nature of agriculture, the importance of cash flow management, and the need for strategic tax planning. Our farm accounting specialists are deeply familiar with Prince Edward Island’s agricultural economy, including dairy, potato farming, aquaculture, and mixed farming operations. We offer tailored solutions that help you stay compliant, maximize your returns, and make informed financial decisions year-round.

Our Accounting Services Include:

           
• Farm Income Tax Preparation & Filing – We handle all aspects of your personal and corporate farm tax returns, ensuring compliance with CRA regulations while identifying every possible deduction and credit available to farmers.
           
• Bookkeeping & Payroll Services – Accurate and timely bookkeeping is essential for any farm. We provide cloud-based bookkeeping, payroll processing, and financial reporting to keep your records organized and accessible.
           
• GST/HST Returns & Compliance – We manage your GST/HST filings, ensuring you meet all deadlines and avoid penalties, while also helping you understand how tax rules apply to your agricultural inputs and outputs.
           
• Year-End Financial Statements – Our team prepares detailed year-end financial reports that give you a clear picture of your farm’s financial health and support better planning for the next season.
           
• Farm Income Averaging & Strategic Tax Planning – We help you take advantage of income averaging provisions and other tax strategies designed specifically for farmers, reducing your tax burden and improving cash flow.
           
• Succession & Estate Planning – Planning for the future of your farm is critical. We offer succession planning, estate tax services, and trust accounting to ensure a smooth transition to the next generation.
           
• Business Advisory & Incorporation Services – Whether you're starting a new farm or restructuring an existing one, we provide expert advice on business formation, incorporation, and restructuring to align with your long-term goals.
       

Serving All of Prince Edward Island – Locally and Virtually

BOMCAS Canada proudly serves clients across Charlottetown, Summerside, Stratford, Cornwall, and rural communities throughout PEI. We offer both in-person and virtual accounting services, making it easy for busy farmers to access expert financial support without leaving the farm.

Your Trusted Partner in Agricultural Success

At BOMCAS, we’re more than just accountants—we’re your partners in growth. Our goal is to help you make smart financial decisions, reduce stress during tax season, and build a sustainable future for your farm. With our deep industry knowledge, personalized service, and commitment to excellence, BOMCAS Canada is the top choice for farm accounting in Prince Edward Island.

Call Us Today for your free consultation, we will save you time and money while helping you achieve sustained financial growth.