Frequently Asked Questions

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Black and White Tax & Accounting offers a wide range of services designed to meet the needs of small businesses across Canada. These services include:

• Tax Services: Personal and corporate income tax preparation and filing, GST/HST filing, tax planning and optimization, and tax dispute resolution.
• Accounting and Bookkeeping Services: Bookkeeping, financial statement preparation, bank reconciliation, accounts payable/receivable management, and new business start-up support.
• Payroll Services: Payroll processing, direct deposit, CRA remittance, year-end filing (T4, T4A, etc.), and WSIB expertise.
• Business Advisory Services: Managerial accounting and budgeting, financial analysis, and business incorporation advice.

We offer both on-site consultations and cloud-based solutions to provide you with the flexibility and support you need.

Outsourcing these crucial tasks to Black and White Tax & Accounting offers numerous advantages, including:

• Cost Savings: Eliminate the overhead associated with hiring and managing an internal team.
• Increased Efficiency: Free up your time to focus on core business operations and revenue generation.
• Expert Guidance: Benefit from our team's deep knowledge of accounting, tax, and payroll regulations.
• Enhanced Security: We maintain robust security measures and strict confidentiality protocols to protect your sensitive information.
• Peace of Mind: Rest assured that your finances are in capable hands, allowing you to focus on growing your business.

We have extensive experience working with businesses across a diverse range of industries, including:

• Doctors/Physicians
• Real Estate Professionals
• Lawyers & Law Firms
• Ride-sharing Businesses
• Rental Property Owners
• Retail, Wholesale & Trade Businesses

Our team tailors solutions to meet the specific needs and challenges of each industry.

Yes, we leverage the power of the latest cloud-based accounting and document management applications. This allows for:

• 24/7 Accessibility: Access your financial data anytime, anywhere, from any device.
• Real-time Collaboration: Seamlessly share information and collaborate with us and your team.
• Streamlined Workflows: Automate tasks and eliminate manual data entry for increased efficiency.
• Enhanced Security: Your data is protected by advanced security measures within a robust cloud infrastructure.

To grant us authorization, you can follow these steps:

1. Open your CRA "My Business Account".
2. Log in using your credentials.
3. Click on "Profile" in the left-hand menu.
4. Go to "Manage authorized representatives".
5. Click "Authorize a representative".
6. Enter our Business Number (715791125) and click "Next".
7. Select Level 2 authorization, "No Expiry Date", "All accounts", and click "Next".
8. Review the details and submit your authorization.

This authorization will allow us to handle your tax matters efficiently and securely on your behalf. Here is an easy to authorize link:

https://blackandwhiteaccounting.ca/authorization 

We believe in open communication and a collaborative approach. Here's how we typically work with clients:

1. Free Consultation: We start with a complimentary consultation to understand your needs and discuss your goals.
2. Tailored Solutions: We propose a personalized service package that aligns with your specific requirements.
3. Upfront Agreement: We provide a clear and detailed proposal outlining the services included and the associated fees.
4. Onboarding and Collaboration: We guide you through a seamless onboarding process and ensure ongoing communication and collaboration.

You can reach us through the following methods:

• Phone: (437) 979-9997
• Email: blackandwhiteaccounting@yahoo.com
• In Person: Visit our office at 849 Renaissance Drive, Oshawa, Ontario L1J 8K6, Canada during business hours (Monday-Friday: 9 am-5 pm, Saturday: By appointment).

Our core values guide everything we do:

• Client First: Your success is our top priority.
• Honesty in Everything: We build trust through transparency and ethical practices.
• Responsiveness: We listen actively and respond promptly to your needs.
• Client Satisfaction: We strive to exceed your expectations.
• Innovation & Technology: We embrace cloud-based solutions for efficiency and accuracy.