Got Questions?
We have answers
Here are some of the most common questions we hear about accounting, tax planning, bookkeeping, CRA matters, and getting started with AYMG Accounting.
General Questions
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What services does a CPA provide?A Chartered Professional Accountant can provide tax preparation and planning, bookkeeping, financial statement preparation, payroll management, business advisory services, assurance support, estate planning, and cash flow guidance. At AYMG Accounting, we tailor our services to both businesses and individuals.
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What is the difference between a bookkeeper and a CPA?A bookkeeper usually handles day-to-day transactions and reconciliations, while a CPA brings advanced professional training that supports strategic advice, tax planning, assurance work, and higher-level financial analysis.
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What areas do you serve?AYMG Accounting is based in downtown Ottawa at 116 Albert Street, Suite 300. We serve clients throughout Ottawa, Gatineau, the National Capital Region, and across Ontario through virtual meetings and secure document sharing.
Pricing & Services
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How much do accounting services cost?Fees depend on the complexity and scope of the work, your financial situation, and the level of ongoing support required. We offer complimentary initial consultations so we can understand your needs and provide a personalized quote.
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When should I consider hiring an accountant?Many clients reach out when starting a business, dealing with more complex taxes, approaching HST thresholds, or when bookkeeping is taking too much time away from running the business. A short consultation can help clarify what support makes sense.
Tax Questions
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When is the tax filing deadline in Canada?For most Canadians, the personal filing deadline is April 30. Self-employed individuals usually have until June 15 to file, but balances owing are generally still due by April 30. Corporate return deadlines depend on the fiscal year-end.
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What documents do I typically need for tax preparation?Common documents include T4 and T5 slips, RRSP receipts, donation and medical receipts, childcare receipts, and your prior Notice of Assessment. Businesses may also need statements, expense records, and payroll documentation.
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Do I need to register for HST in Ontario?Generally, businesses must register once taxable revenue exceeds $30,000 in a calendar quarter or over four consecutive quarters. Voluntary registration can also make sense in some cases.
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Can you assist with CRA matters?Yes. AYMG Accounting can help prepare documentation, respond to CRA requests, and guide you through reviews or other tax-related matters.
Getting Started
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How do I get started with AYMG Accounting?Contact us by phone at (613) 288-5907 or use the website contact form. We offer a complimentary initial consultation to understand your needs, answer your questions, and discuss how we may be able to help.
Still Have Questions?
Our team is here to help you find the right next step.
Reach out for a complimentary consultation and get personalized guidance tailored to your accounting, tax, or financial planning needs.
Contact Us Today