Accounting & Business Solutions
Experienced and Professional business solutions to cater your business financial needs.
Infinity Holding is a network of firms based in GTA, Ontario providing financial advisory and business consulting services. We provide a spectrum of business services to cater your needs, whether you are a startup, a small business or an established business aiming to expand or increase your resource pool. Our team of experienced professionals are from established backgrounds committed in helping you achieve higher levels of success for your business.
Accounting and Tax Services
Small Business Accounting
Our team of experts equipped to take care of all your book keeping needs for you so you can focus on running your business and generating profits. We offer the following services to small business owners:
- Reconcile your bank statements
- Generate an income
- Clean up your general ledger
- Generate a balance sheet
- Account Revceivable
- Account Payable
- Not for profit bookkeeping
- Profit and loss
- Trial Balance
You can customize your package by including payroll, tax planning and preparation or any of our other services.
GST / HST & PST Tax
We provide compilation and preparation of sales tax returns. Other services include:
- Preparation and filing of GST/HST returns and other government remittances as required
- Plan for your GST/HST liability/refund
- Preparation of Business Activity Statements
- Cross border taxation
- Tax dispute resolution
- Tax representatives
Lets streamline your payroll
Small business owners spend an average 12 days a year in payroll services. Those days could be spent generating sales, improving products or services, or evaluating and improving business. Outsourcing payroll services have the following advantages:
- Cost Effectiveness
- Time Saving
- Worry-free Payroll Tax Filing
- Focus On Your Core Competencies
- Comprehensive Reports
Let us do it.
Corporate tax is a complex and highly technical area of expertise. Whether a company is a small start-up business or multi-million dollar entity, each business has it’s own unique tax filing requirements and tax-saving opportunities.
As a full service accounting firm, we offer a wide range of corporate tax services to meet the needs of your business. We go far beyond simply filing a corporate tax return with the Canada Revenue Agency on an annual basis, and our experienced team of tax professionals will guide you and your business through the various corners of the Canadian tax system. Additionally, to make the process as easy for as possible for our Clients, we customize our approach based on your business size and individual needs.
We offer the following corporate tax services:
- Corporate tax return (T2) preparation
- Corporate tax planning
- Holding company structuring
- Salary vs. dividend consideration
- Income and capital tax minimization
- GST/HST return filing
- Scientific Research & Experimental Development (SR&ED) claims
Success Garanteed
Navigating the T1 form for individual tax filing in Canada demands precision, and our taxation experts excel in this field. Armed with a deep understanding of the intricate tax code, they ensure accurate and efficient completion of T1 forms. Proficient in maximizing deductions and credits, our professionals stay updated on the latest tax regulations to optimize returns. Clients can trust our seasoned experts to streamline the T1 filing process, minimizing errors and maximizing financial benefits. Experience hassle-free tax filing with our dedicated team committed to achieving the best outcomes for every individual.
We prepare your Personal (T1) returns. We offer related to your tax filing:
- Electronic filing of returns
- Preparation of your family’s returns (including spouse and children)
- Optimizing family income splitting
- Preparation of Foreign Income Verification Statement if applicable
- Preparation of adjustments to previous years’ filings as required
- Preparation of your HST return if you are self employed
Consulting Services
Startup Capital Assistance
If you are a start–up and are having trouble acquiring funding, We can be your medium to securing appropriate funding. Our experts make sure that your business gets the right traction by preparing and presenting your case in the most efficient way.
Business Loan
We specialize in making tailored business proposals according to your needs. The proposals include:
- An Executive summary highlighting the required amount of the loan and an explanation of what the loan will be used for and why it’s needed.
- Pro-forma cash budgets and financial statements that your banker can easily understand.
- Your personal financial statements including the last 3 years of personal tax returns for the bank.
- We offer representation to help substantiate your financial needs to your banker in person.
Draft a Business Plan
Business plans are often required for businesses to obtain financing and help to ensure a business is on the right track. We offer professional business plan services. In our business plans, we;
- Develop a comprehensive management plans
- Identify and describe the target customer profile
- Develop projected financial plans
- Develop staffing plans
- Develop financial plans including projected startup costs, operating costs, revenue, profits, and break-even analysis.
Financial Statement
We provide compilation engagement services where by we compile unaudited financial information into financial statements, schedules or reports based on information supplied by the client.
Cash Flow Management
One primary service is creating an accurate cash flow projection. We also prepare historical cash flow statements so you can monitor the flow of money. Our services include:
- Obtaining maximum rate of return on your idle cash
- Implementing effective collection policies
- Techniques for accelerated cash collection
- Executing effective payment policies
- Helping you obtain an appropriate line of credit.
Business Solutions
Opening a Business
If you’re opening a business then we can help you to:
- Organize and set up billing and collection procedures to maximize your cash flow
- Prepare and file all required provincial and local licenses and permits
- Prepare and file your application for your CRA Business Number
- Provide payroll and payroll tax filing for your employees.
- Identify your business insurance needs
- Develop a solid Partnership Agreement.
We can help
- Small- to medium-sized companies can not often afford to have a full time CFO. An effective solution is to outsource CFO services and responsibilities.
- We offer such solutions so you have adequate time to grow your business and improve business decisions. It can also free up a lot of your time so you can focus on demanding challenges that fulfill your business needs.
Strategy Creation
A strategic business plan is an effective way of describing your company and its products, the business risks involved and the overall financial health. Such a plan is integral in:
- Revamping a declining business
- Buying a new business, product or service
- Expanding an organization, product or service
- Starting a new venture, product or service
Operational Expertise
Our clientele span a variety of sectors and we offer customized operations, resource and software solutions for every business. We also support customers on common software products like Microsoft Excel and QuickBooks.
We are here to help
Our diverse clientele has opted for many of the following services:
- Mergers & Acquisitions
- Asset protection
- Debt Management
- Bankruptcies
- Insurance
- Cash flow forecasting
- Employee benefit plans
- Budgeting
Our Team
Meet the successful people behind Infinity Holding
Syed Adil Ali
Director
Results-driven senior financial consultant offering 20+ years success in leading financial management activities at various high-performing organizations. Exceptionally talented in creating robust financial plans, guidelines and procedures to support Real-Estate, Mortgages & Lending, Insurance, Accounting & Taxation and extensive Investment opportunities.
Lets Connect
