These examples provide you with an idea of what services cost. Lamco Management is transparent and all services are up front.
Never will you see an “extra” charge unless you request an immediate financial statement or tax filing outside the normal time perimeters. If this was to happen, you would be immediately be made aware and asked if you would like to proceed.
ANNUAL Bookkeeping & Tax Return PLANS:
(Your paperwork is collected and updated annually)
Sole Proprietorship / Independent Contractor – If you are not incorporated, and have a small business your services can be completed at your year end. Costs range from $600.00 – $1,200.00 per year which includes all your schedules including T2125 Schedule of Business Statement for your T1 General Tax Return and a GST Return, if applicable.
Incorporated Small Business – A new or small enterprise doesn’t need all services a medium business requires so if you have one bank account, one credit card and no employees, you shouldn’t pay the same as a business that has more. Starting at $1,500.00 per year we provide year end services including financials statements, T2 Corporate Tax Return and GST return. This means your bookkeeping is done annually and at the same time as your tax filing. Your corporate tax filing always includes a personal tax return for the owner as well.
QUARTERLY Bookkeeping & Tax Return PLANS:
(Your paperwork is collected and updated quarterly)
Sole Proprietorship / Independent Contractor – Sole Proprietorships with employees can have quarterly bookkeeping with payroll services. Payroll services are done bi-weekly and your payroll liabilities are kept up with Lamco Management giving a month end report for remittance. Quarterly Bookkeeping and tax plans start at $200.00 / month. Adding payroll is approx. $50.00 per month on average with up to 2 employees.
Incorporated Small Business – A small business, with one bank account and up to one credit card that files GST quarterly will have quarterly bookkeeping. Pricing starts at $275.00 / month without the payroll component.
**All monthly terms are based on 12 months or prorated.