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TY Tax Accounting is the leading tax accounting company in Toronto. We take care of your taxes so you can focus on what matters most to you. TY Tax Accounting has over 20 years of experience advising businesses and individuals on how to maximize their financial potential, starting with a strategic analysis of their finances. This includes customizing budgets and setting financial goals that will lead them towards success now and into the future.
Since accountants are trained in accounting and auditing techniques, they can help you better manage your books, saving you time that could be spent doing other things for your business. This includes inventory management, banking transactions, invoicing customers and recording payments made by customers.
Most countries have their own income tax rules and regulations which change every now and then depending on current policies. An accountant will provide guidance on how to comply with these tax laws so you don't have to worry about any issues involving tax.
Accountants are trained to review the past, present and future of a company's financial performance. They can provide you information on what aspects of your business may need improvement, which could possibly lead to generating more revenue or increasing your profit margin.
If you are planning on starting up a new project for your business or investing in something that will generate income now or later down the road, an accountant can give you valuable information as far as whether it is worth it financially for your business. They can tell you if such an investment would mean having less money for other things such as research and development (R&D) projects that could lead to new methods and inventions that could help your business grow.
Accountants have a good understanding of trends in various industries since they are trained to keep up with developments concerning taxes and regulations. They will advise you on any upcoming industry changes so your business is prepared for these adjustments. If an accountant sees a potential future change that could affect your business, they would be able to warn you about it as early as possible so you can come up with solutions to lessen its impact. This way, your business can continue operating successfully even if something negative happens due to a change in the market or economy.
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Who Are We
TY Peak is a well-established firm with an extensive list of clients that have come to appreciate their professional and comprehensive approach. The TY Peak team provides accounting support for small businesses, corporations as well as personal taxes in Toronto.