416-529-8926

email: taxes@mallardsnest.ca

Mallard's Nest Tax & Bookkeeping

Mallard's Nest Tax Service is a Simcoe County based business specializing in corporate and personal tax returns, as well as bookkeeping services, payroll and other business services.

SERVICES INCLUDE

Corporate Tax Returns
From a budding start-up company to a mature business I will ensure your Corporation is filed accurately and timely.  This service includes dividend distribution, installment estimates, HST returns etc.

Personal Tax Returns
Whether you are employed with just one T4, a student, retired or have a business, let me help you maximize your deductions and reduce your tax liability.

Full Payroll Services
For small businesses, incorrect payroll deductions become the responsibility of the owner.  Any amounts not correctly withheld are the business’ or owner’s responsibility to pay.  I will prepare the employee payroll as well as timely submission of all T4’s, T5’s, T5018’s etc.

Bookkeeping
Let’s face it, running a business is difficult enough without worrying about keeping track of all the transactions.  Let me help you streamline the process.  This can be on a monthly, quarterly or even yearly bases.

Business Registration and Incorporation
Registration & Incorporation
If you have decided to take the leap in starting your own business, you will have to determine what business structure or form of organization suits your needs. The structure of your business depends on whether you want to run your business yourself or with a partner or associates and if you plan to have employees. There are three types of business structures: Sole Proprietorship, Partnerships, and Corporations.

Once you’ve finalized the type of firm you want to establish, to open up a new business in Ontario, you may need to do the following:

Check for availability of the proposed business name
Register the business name
Apply for an HST number (former GST number)
Apply for a Payroll Account (if you plan to have employees)
Apply for an Import/Export Account (if you plan to trade with other countries)
Apply for WSIB Account (this is mandatory if you plan to have employees)
Register / renew master business license for sole proprietors
Register number / named Ontario corporation
Register number / named federal corporation
Register / renew master business license for a numbered corporation
If you’re heading towards complete incorporation, apart from helping you through the process, we will also provide you with full incorporation kit and help you select a fiscal year-end or calendar year-end and when to incorporate.

During the course of the incorporation, we will help you understand what will happen to your current business losses and future profits and determine what business assets and goodwill should be transferred to the corporation. We will work towards your success by facilitating management decisions and setting up your company books, records and government filings.

GST Returns
To correctly calculate and file your GST/HST Return you need to ensure that you keep track of all GST/HST you collected and paid during the filing period.
I can help you decide which is the optimum method for your business using either the Conventional HST Calculation method or the Quick HST Calculation method.

About Us

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Welcome and thank you for visiting our website. In addition to providing you with a profile of our firm and the services we provide, this website has been designed to become a helpful resource tool to you, our valued clients and visitors. Our dedication to superior client service has brought us to the Internet as we endeavour to continue to provide the highest quality professional service and guidance.

25 years experience.

Everything can be handled online, or we can meet face-to-face if you prefer.

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HOME SAFETY CREDIT

January 5, 2023/

Seniors’ Home Safety Tax Credit A new credit that supports seniors in making their homes safer and more accessible. With…

SENIORS CREDIT

January 5, 2023/

A refundable personal tax credit to help seniors with eligible medical expenses, including expenses that support again at home. The…

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