Top Accounting Trends for Toronto Businesses in 2024
The accounting industry is undergoing rapid transformation, with new technologies and innovative practices reshaping...
Need Help? Call Us At
780-667-5250Our website address is: https://bomcas.ca.
BOMCAS LTD, BOMCAS CANADA, BOMCAS MEDIA, BOMCAS
9227 111 AVE NW. Edmonton, Alberta T5G 0A2
We appreciate the opportunity to work with you and advise you on income tax matters. Canada Revenue Agency (CRA) impose penalties upon taxpayers, and upon us as tax return preparers, for failure to observe due care in reporting on your income tax returns. In order to ensure an understanding of our mutual responsibilities, we ask all clients for whom we prepare tax returns to confirm the following arrangements.
We will prepare your corporate tax, personal income tax return, GST, HST,PST and QST based on information that you provide to us. We will not audit or otherwise verify the data you submit, although we may ask you for clarification of some of the information.
It is our responsibility to prepare your tax return correctly according to the law and the information that you have provided. It is your responsibility to provide us with all the information required to prepare complete and accurate returns. You should retain all the documents, cancelled cheques and other data that form the basis of your income and deductions. These may be necessary to prove the accuracy and completeness of the return to CRA. You have the final responsibility for the income tax return and, therefore, you should review it carefully before you sign OR accept it.
You provide us BOMCAS LTD, your Canada Virtual Personal Income Tax Accounting Firm with your tax forms and documentation, and our tax experts Professional Accountants will take it from there. They’ll ensure everything is in order, prepare, review everything with you, and then file your taxes for you. You get to sit back and relax, knowing your taxes are in expert hands.
By signing or accepting in anyway or form or intent to continue with us, you agree that you will provide us BOMCAS with accurate and complete information necessary to prepare your tax return(s). This includes informing us of all interests you held in foreign properties with an aggregate cost in excess of $100,000 at any time in the year, as well as all income from any foreign properties regardless of their aggregate value and all income and transactions relating to non-resident trusts.
The law imposes various penalties when taxpayers understate their tax liability. If you would like information on the amount or circumstances of these penalties, please contact us or email us at info@bomcas.ca or visit our website at www.bomcas.ca
Our business respects the privacy of personal information, that is, information that identifies you as an individual, organization or company or firm, or that is associated with such identifying information. By engaging our services, you agree to provide personal information or all information necessary for us to meet your service requests.
Before you provide us with any personal information on behalf of others, you agree that you will have obtained consent for collecting, using, and disclosing this information, according to privacy legislation.
We want you to know that we will not rent, sell, or otherwise make your personal information, including contact information, available to any third-party without your permission. We use your information to complete your service requests, to inform you of changes in our business or service offerings, and to maintain our professional correspondence with you. We follow rigorous privacy practices. We invite you to contact our office if you would like additional information about anything mention above that you may to be clear or understand.
To change your contact information or to let us know if there are any types of correspondence you do not wish to receive from our office, please contact us.
CRA may select your return for review. Often, they request copies of your receipts and other times they may require a full audit. Any adjustments proposed by CRA are subject to certain rights of appeal. In the event of such tax examinations, we will be available upon request to represent you.
Our fee for services is based on our fee schedule plus out-of-pocket expenses. All invoices are due and payable upon presentation.
Please feel free to call us with any questions or concerns at (780) 667-5250. Thank you for your trust in our business.
When visitors leave comments on the site we collect the data shown in the comments form, and also the visitor’s IP address and browser user agent string to help spam detection.
An anonymized string created from your email address (also called a hash) may be provided to the Gravatar service to see if you are using it. The Gravatar service privacy policy is available here: https://automattic.com/privacy/. After approval of your comment, your profile picture is visible to the public in the context of your comment.
If you upload images to the website, you should avoid uploading images with embedded location data (EXIF GPS) included. Visitors to the website can download and extract any location data from images on the website.
Contact forms
Cookies
If you leave a comment on our site you may opt-in to saving your name, email address and website in cookies. These are for your convenience so that you do not have to fill in your details again when you leave another comment. These cookies will last for one year.
If you visit our login page, we will set a temporary cookie to determine if your browser accepts cookies. This cookie contains no personal data and is discarded when you close your browser.
When you log in, we will also set up several cookies to save your login information and your screen display choices. Login cookies last for two days, and screen options cookies last for a year. If you select “Remember Me”, your login will persist for two weeks. If you log out of your account, the login cookies will be removed.
If you edit or publish an article, an additional cookie will be saved in your browser. This cookie includes no personal data and simply indicates the post ID of the article you just edited. It expires after 1 day.
Embedded content from other websites
Articles on this site may include embedded content (e.g. videos, images, articles, etc.). Embedded content from other websites behaves in the exact same way as if the visitor has visited the other website.
These websites may collect data about you, use cookies, embed additional third-party tracking, and monitor your interaction with that embedded content, including tracking your interaction with the embedded content if you have an account and are logged in to that website.
Analytics
Analytics
If you leave a comment, the comment and its metadata are retained indefinitely. This is so we can recognize and approve any follow-up comments automatically instead of holding them in a moderation queue.
For users that register on our website (if any), we also store the personal information they provide in their user profile. All users can see, edit, or delete their personal information at any time (except they cannot change their username). Website administrators can also see and edit that information.
If you have an account on this site, or have left comments, you can request to receive an exported file of the personal data we hold about you, including any data you have provided to us. You can also request that we erase any personal data we hold about you. This does not include any data we are obliged to keep for administrative, legal, or security purposes.
Visitor comments may be checked through an automated spam detection service.