Reliable Accounting Support for Small and Midsize Businesses
At LLM Business Solutions, we provide professional accounting services to small and mid-sized businesses in Simcoe and the surrounding areas. Whether you’re a sole proprietor, a growing partnership, or an established corporation, we help you stay on top of your financial obligations while keeping your records clean, accurate, and up to date.
Our clients rely on us for traditional accounting services with a personalized touch. We offer flexible support depending on your needs – whether you require regular financial oversight or occasional help with year-end reporting, tax preparation, or government filings.
Traditional Accounting with Modern Care
Many business owners prefer to work with someone local – someone who knows their name, understands their business, and communicates clearly. We make it a point to offer that level of personalized service, while maintaining the accuracy and professionalism you’d expect from a larger firm.
Our accounting services include:
- Financial recording and transaction reviews
- Journal entry preparation and general ledger maintenance
- Monthly, quarterly, and annual summaries
- Preparation for year-end or tax filing periods
Our work ensures your records are always in order – something that makes tax time easier and provides clarity all year long.
Financial Reporting and Analysis
Understanding your business’s financial health is about more than just keeping receipts organized. We help summarize and analyze the numbers so you can make informed business decisions – whether you’re planning to grow, reduce costs, or adjust your service offerings.
We provide:
- Income and expense tracking
- Cash flow summaries
- Balance sheet and profit/loss statements
- Consultations to explain reports and trends
Even if you’re already using bookkeeping software, we can help interpret the results and advise you on the best next steps for your financial goals.
Corporate Tax Preparation & HST/GST Filings
For incorporated businesses, keeping up with tax filing requirements can be time-consuming and stressful. We offer corporate tax return preparation as well as regular assistance with HST/GST remittance schedules. Our work ensures that your returns are accurate, timely, and in line with current CRA regulations.
We also support:
- Payroll accounting
- T4 summaries
- Source deduction remittances
- WSIB and EHT filings
- Coordination with your bookkeeping records
Whether you’ve just incorporated or have years of records behind you, we help simplify tax season while minimizing the risk of errors or penalties.
Audit Support & CRA Communication
If your business is selected for a review or audit, we can provide the documentation and support needed to respond quickly and confidently. Our team will ensure your records are organized and help you prepare what’s required.
- We liaise directly with CRA when necessary
- We help gather and summarize requested documentation
- We review your historical records for completeness
- We answer your questions clearly and professionally
Having knowledgeable support during an audit can reduce stress and prevent small issues from becoming larger problems.
Get Accounting Support That Works for Your Business
At LLM Business Solutions, we believe accounting services should help you feel confident about your business – not confused or overwhelmed. Whether you need regular financial oversight or one-time assistance with corporate filing, we’re here to help.
Contact us today to discuss your accounting needs and learn how we can support your business with clarity, accuracy, and care.