Your Success is our Success Northern Business Solutions
Premier accounting firm servicing the Greater Connecticut Area and all 50 States
Accounting Services Learn more what we serve
Computerized Bookkeeping & Accounting
Business Registration / Incorporation
Tax Services & Returns Rectification
Assistance with CRA audits & matters
Business Registration / Incorporation
Employee Payroll Services, GST/HST & W.S.I.B
Your Partner in Strategic Tax Solutions Maximizing Savings, Minimizing Stress
Consultation and Registration of HST, Payroll, etc.
Review and rectify past year tax returns
Storage of data and files electronically
Initial Tax Return, Address change, and more...
Latest News General Accounting News & Tips
From Documents to Deductions: Stress-Free Tax Prep Made Simple!
How Does Our Process Work? We’re dedicated to making your experience seamless while helping you achieve the best possible outcome. Here’s a quick overview of how our tax prep process works: 1. Client Organizer You’ll receive a link to our Client Portal with a tax organizer to complete. 2. Submitting Your Documents Choose the option […]
How are draws from your business taxed?
Taking money out of your business as an owner is a common practice, but it’s essential to understand how these “draws” work—especially when it comes to taxes. Here’s a quick guide to help you navigate the process. What Is a Business Draw? A draw allows a business owner to withdraw funds from the business for […]
Deducting Business Expenses
What are some common business expenses I can deduct? Deductible business expenses can help reduce your taxable income and lower your overall tax liability. The specific expenses you can deduct depend on the type of business you own, its structure (e.g., sole proprietorship, LLC, corporation), and the tax laws in your country. However, here are […]
Corporate Transparency Act (BOI Filing)
The Corporate Transparency Act (CTA) mandates that certain U.S. business entities report their Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN). This requirement aims to enhance transparency and combat financial crimes by identifying individuals who own or control companies. Recent Legal Developments: December 3, 2024: The U.S. District Court for the Eastern […]