BOMCAS Canada

BOMCAS Canada Accounting is a professional Canadian accounting, tax preparation, bookkeeping, payroll, and business advisory firm committed to helping individuals, families, self-employed professionals, corporations, and small to medium-sized businesses manage their financial and tax responsibilities with confidence.

Serving clients in Edmonton, Sherwood Park, throughout Alberta, and across Canada through secure virtual accounting services, BOMCAS Canada provides dependable financial solutions designed around each client’s circumstances, industry, reporting obligations, and long-term objectives.

Our approach combines professional knowledge, practical guidance, responsive service, and a strong focus on accuracy and compliance. We understand that accounting is not simply about preparing forms or recording transactions. Proper accounting provides business owners and individuals with the information they need to make informed decisions, protect their financial interests, meet government requirements, and plan for the future.

Whether a client needs assistance filing a personal income tax return, preparing a corporate tax return, maintaining accurate bookkeeping records, administering payroll, filing GST/HST returns, responding to the Canada Revenue Agency, or organizing a growing business, BOMCAS Canada offers comprehensive support throughout the process.

Professional Accounting and Tax Services Across Canada

BOMCAS Canada provides accounting and tax services to clients across Canada. Through a combination of local and virtual service delivery, we are able to assist clients in cities, towns, rural communities, and remote locations throughout the Canadian provinces and territories.

Our virtual accounting process allows clients to submit documents securely, communicate with their accounting team remotely, review financial information, receive professional guidance, and complete tax and accounting work without being required to visit an office.

This flexible service model is especially valuable for busy business owners, contractors, transportation professionals, agricultural operators, landlords, investors, remote workers, and individuals who need convenient access to professional accounting assistance.

Our services are designed to be accessible, organized, and responsive while maintaining the attention to detail expected from a professional accounting firm.

Personal Income Tax Preparation

BOMCAS Canada assists individuals and families with the preparation and filing of Canadian personal income tax returns.

Every taxpayer’s financial situation is different. Some individuals have straightforward employment income, while others may have self-employment income, rental properties, investment income, capital gains, foreign assets, pension income, employment expenses, moving expenses, or other tax considerations.

Our personal tax services may include assistance with:

• Employment income and T4 slips
• Self-employment and professional income
• Commission and employment expenses
• Rental property income and expenses
• Investment income and capital gains
• Pension and retirement income
• Eligible deductions and tax credits
• Medical expenses
• Childcare expenses
• Tuition and education-related amounts
• Registered Retirement Savings Plan contributions
• Foreign income and foreign property reporting
• Final tax returns for deceased taxpayers
• Prior-year and late-filed tax returns
• Non-resident and newcomer tax matters
• Immigration and emigration tax considerations
• Canada Revenue Agency reviews and reassessments

Our objective is to prepare complete and accurate tax returns while identifying eligible deductions and credits based on the information provided by the client.

We also help clients understand their tax results. Instead of simply presenting an amount owing or a refund, we explain the factors that affected the return and identify practical considerations for future tax years.

Corporate Tax Return Preparation

BOMCAS Canada provides corporate accounting and tax services to Canadian-controlled private corporations, owner-managed businesses, incorporated professionals, holding companies, investment corporations, and other private enterprises.

Corporate tax compliance can involve significantly more than completing a T2 corporate income tax return. The year-end process may require accurate bookkeeping, bank reconciliations, adjusting entries, capital asset schedules, shareholder loan analysis, payroll reconciliations, GST/HST reviews, financial statement preparation, and tax planning.

Our corporate tax and year-end services may include:

• T2 corporate income tax return preparation
• Federal and provincial corporate tax filings
• Corporate financial statement preparation
• General ledger review and cleanup
• Year-end adjusting journal entries
• Bank and credit card reconciliations
• Capital asset and capital cost allowance schedules
• Shareholder loan account analysis
• Salary and dividend planning considerations
• Corporate loss tracking
• Related-party transaction review
• GST/HST reconciliation
• Payroll account reconciliation
• T4 and T5 information return preparation
• Corporate tax instalment guidance
• Assistance with CRA corporate tax correspondence
• Nil corporate tax return preparation
• Late and prior-year corporate filings

We work to ensure that the corporation’s accounting records, financial statements, and tax filings are aligned. This helps reduce inconsistencies, improves the quality of the corporation’s records, and provides business owners with more reliable financial information.

Small Business Accounting

BOMCAS Canada understands the challenges faced by Canadian small business owners. Entrepreneurs often manage sales, customer service, employees, inventory, marketing, operations, financing, and government filings at the same time.

Without proper accounting systems, important financial responsibilities can quickly become overwhelming.

Our small business accounting services are designed to help business owners organize their records, understand their financial position, monitor performance, meet filing deadlines, and make better-informed decisions.

We work with:

• Sole proprietors
• Partnerships
• Incorporated businesses
• Independent contractors
• Consultants
• Professional service providers
• Family-owned businesses
• New corporations
• Growing businesses
• Online and e-commerce businesses
• Trades and construction businesses
• Transportation and trucking operators
• Agricultural and farming businesses
• Real estate businesses and landlords
• Technology and cryptocurrency-related businesses

Our services can be customized based on the size, complexity, and reporting needs of the business.

Bookkeeping Services

Accurate bookkeeping is the foundation of reliable financial reporting and tax preparation.

BOMCAS Canada provides professional bookkeeping services to help businesses maintain complete, current, and organized accounting records. Our team can assist with ongoing monthly bookkeeping, quarterly bookkeeping, annual bookkeeping, historical bookkeeping cleanup, and year-end record preparation.

Bookkeeping services may include:

• Recording business income and expenses
• Categorizing financial transactions
• Reconciling bank accounts
• Reconciling credit cards and lines of credit
• Maintaining general ledger accounts
• Accounts receivable tracking
• Accounts payable tracking
• Loan and financing reconciliation
• Fixed asset tracking
• Capital purchase recording
• GST/HST transaction review
• Payroll transaction recording
• Shareholder and owner transaction tracking
• Preparation of income statements
• Preparation of balance sheets
• Cash-flow reporting
• Year-end bookkeeping adjustments
• Historical bookkeeping cleanup

Organized bookkeeping helps reduce errors, supports tax compliance, improves cash-flow management, and gives business owners clearer insight into how their business is performing.

Our goal is to provide clients with financial records that are useful—not merely records prepared for the purpose of filing a tax return.

Payroll Services

Canadian employers have ongoing responsibilities relating to employee compensation, source deductions, remittances, reporting, and year-end information slips.

BOMCAS Canada provides payroll assistance to help businesses manage these responsibilities accurately and efficiently.

Payroll services may include:

• Payroll account setup assistance
• Employee payroll calculations
• Income tax deduction calculations
• Canada Pension Plan contribution calculations
• Employment Insurance premium calculations
• Employer contribution tracking
• Payroll remittance calculations
• Payroll journal entries
• Employee pay statement support
• Vacation pay tracking
• Payroll account reconciliation
• T4 slip preparation
• T4 Summary preparation
• Records of Employment support
• Payroll year-end reconciliation
• Assistance responding to CRA payroll inquiries

Reliable payroll administration helps businesses pay employees correctly, submit remittances on time, maintain complete payroll records, and reduce the risk of penalties or compliance issues.

GST/HST and Sales Tax Services

GST/HST compliance is an important responsibility for registered Canadian businesses.

BOMCAS Canada helps businesses understand their GST/HST reporting obligations and prepare accurate returns based on their accounting records.

Our GST/HST services may include:

• GST/HST registration guidance
• Filing-frequency review
• GST/HST return preparation
• Input tax credit review
• Sales tax account reconciliation
• Review of taxable, zero-rated, and exempt transactions
• GST/HST adjustments
• Late or unfiled GST/HST returns
• Assistance with CRA GST/HST correspondence
• Multi-period GST/HST bookkeeping cleanup
• GST/HST considerations for real estate transactions
• Sales tax support for businesses operating in multiple provinces

We help clients establish proper systems for collecting, recording, reporting, and remitting sales taxes.

CRA Audit, Review and Tax Problem Support

Receiving a letter, review request, reassessment, or audit notice from the Canada Revenue Agency can be stressful.

BOMCAS Canada assists individuals and businesses with understanding CRA correspondence, organizing supporting documents, reviewing previously filed information, and preparing professional responses.

CRA support services may include:

• Review of CRA letters and notices
• Pre-assessment and post-assessment review support
• Assistance gathering supporting documentation
• Review of disallowed expenses or credits
• Personal and corporate tax reassessment support
• GST/HST review support
• Payroll compliance support
• Review of prior tax filings
• Preparation of adjustment requests
• Notice of Objection support
• Voluntary Disclosures Program assistance
• Late-filing and unreported-income support
• CRA account reconciliation
• Assistance communicating with the CRA where authorization has been provided

Our role is to help clients understand the issue, respond with appropriate supporting information, and work toward an organized resolution.

Tax Planning and Advisory Services

Effective tax planning should take place throughout the year—not only when a tax return is due.

BOMCAS Canada provides tax planning and advisory services intended to help clients understand the tax implications of financial and business decisions before those decisions are finalized.

Planning discussions may include:

• Business incorporation considerations
• Sole proprietorship versus corporation comparisons
• Salary and dividend considerations
• Shareholder remuneration planning
• Business expense documentation
• Capital asset purchase planning
• Tax instalment requirements
• Registered retirement savings strategies
• Rental property tax considerations
• Real estate purchase and sale considerations
• Capital gain planning
• Business succession considerations
• Corporate restructuring considerations
• Estate and final tax return matters
• Non-resident and cross-border tax considerations
• Multi-year tax compliance planning

Recommendations depend on the client’s specific circumstances, income sources, business structure, province of residence, ownership arrangements, and long-term goals.

Financial Statements and Business Reporting

Accurate financial reports allow business owners to understand profitability, monitor expenses, manage cash flow, evaluate business performance, and communicate with lenders or other stakeholders.

BOMCAS Canada prepares financial reports based on the client’s records and reporting requirements.

Financial reporting services may include:

• Income statements
• Balance sheets
• Cash-flow reports
• General ledger summaries
• Accounts receivable reports
• Accounts payable reports
• Comparative financial reports
• Budget-to-actual analysis
• Year-end financial statements
• Supporting schedules for tax preparation
• Customized internal management reports

We aim to make financial information understandable and useful so business owners can make decisions based on reliable data.

Specialized Industry Accounting

Different industries face different accounting, taxation, recordkeeping, and compliance challenges. BOMCAS Canada provides accounting support tailored to the practical needs of a variety of Canadian industries.

Farm and Agricultural Accounting

Agricultural businesses may have unique income sources, asset purchases, inventory considerations, government program payments, equipment expenses, custom work, livestock activity, and farm-specific tax matters.

BOMCAS Canada provides bookkeeping, tax preparation, GST/HST support, capital asset tracking, and financial reporting for farmers, ranchers, agricultural operators, and related businesses.

Trucking and Transportation Accounting

Transportation businesses often manage fuel costs, permits, insurance, repairs, financing, driver payments, meal expenses, cross-border transactions, and equipment purchases.

Our trucking accounting services help owner-operators and transportation companies maintain organized records, prepare tax returns, reconcile business activity, and track the true financial performance of their operations.

Real Estate and Rental Property Accounting

BOMCAS Canada assists landlords, property investors, real estate professionals, and property-related businesses with rental income reporting, expense tracking, capital cost allowance considerations, property sale calculations, bookkeeping, GST/HST matters, and tax planning.

Cryptocurrency Tax Accounting

Cryptocurrency transactions can create complex recordkeeping and tax reporting requirements.

We assist clients with organizing transaction histories, reviewing proceeds and costs, calculating adjusted cost base information, distinguishing between potential capital and business activity, and preparing supporting schedules for Canadian tax reporting.

Professional and Consulting Businesses

Consultants and professional service providers often require assistance with invoicing, expense tracking, GST/HST, payroll, incorporation, corporate year-end filings, and personal tax planning.

BOMCAS Canada provides accounting solutions designed to help professionals remain organized and compliant while focusing on serving their clients.

Cloud-Based and Virtual Accounting

Modern businesses need accounting services that are efficient, secure, and accessible.

BOMCAS Canada supports cloud-based and virtual accounting processes that allow clients to provide records electronically, communicate remotely, and receive accounting services regardless of location.

Virtual accounting can help clients:

• Reduce paper-based recordkeeping
• Submit documents more conveniently
• Improve access to financial information
• Collaborate remotely with their accounting team
• Maintain more current bookkeeping records
• Simplify year-end tax preparation
• Receive accounting support without travelling to an office

This approach allows BOMCAS Canada to serve clients across Canada while maintaining personalized communication and professional support.

Our Commitment to Clients

At BOMCAS Canada, we believe clients deserve more than a transactional accounting service.

We are committed to developing professional relationships based on communication, accuracy, accountability, confidentiality, and practical guidance.

Our client service principles include:

Personalized Attention

Every client has different goals, obligations, concerns, and financial circumstances. We take the time to understand the client’s situation before recommending an accounting or tax approach.

Accuracy and Compliance

We focus on complete records, accurate calculations, consistent reporting, and compliance with applicable tax and filing requirements.

Clear Communication

Accounting and tax matters can be complicated. We aim to explain issues clearly so clients understand their responsibilities, available options, and next steps.

Responsive Support

Questions often arise outside the traditional tax filing season. We provide year-round assistance for bookkeeping, payroll, GST/HST, corporate tax, CRA matters, and business decisions.

Practical Solutions

Our advice is intended to be practical and applicable to the client’s actual circumstances. We help clients develop systems and processes that can be maintained over time.

Confidentiality

Financial and tax information is highly sensitive. We treat client records and communications with appropriate care, professionalism, and confidentiality.

Why Choose BOMCAS Canada?

Clients choose BOMCAS Canada because we provide a broad range of accounting and tax services through one professional firm.

Key advantages include:

• Comprehensive personal and business tax services
• Corporate tax and year-end accounting support
• Professional bookkeeping and financial reporting
• Payroll and GST/HST compliance assistance
• CRA review, audit, and reassessment support
• Specialized accounting for multiple industries
• Local and virtual accounting options
• Services available to clients across Canada
• Personalized solutions based on individual circumstances
• Year-round accounting and tax support
• Clear explanations and practical guidance
• Support for both current and prior-year filings

Whether a client is filing a personal income tax return, launching a new company, catching up on overdue bookkeeping, responding to a CRA request, purchasing a rental property, expanding a business, or preparing for corporate year-end, BOMCAS Canada provides the professional support needed to move forward confidently.

Our Mission

The mission of BOMCAS Canada is to provide accurate, accessible, and dependable accounting and tax services that help Canadian individuals and businesses meet their financial responsibilities and pursue long-term success.

We strive to simplify complex accounting and tax matters, provide meaningful financial information, and help clients build stronger financial foundations.

Who We Serve

BOMCAS Canada proudly serves:

• Individuals and families
• Employees and retirees
• Self-employed individuals
• Sole proprietors
• Partnerships
• Independent contractors
• Incorporated professionals
• Canadian-controlled private corporations
• Small and medium-sized businesses
• Startups and new business owners
• Landlords and real estate investors
• Farmers and agricultural businesses
• Trucking and transportation businesses
• Consultants and professional service providers
• Technology and online businesses
• Cryptocurrency investors and businesses
• Non-residents with Canadian tax obligations
• Clients requiring late or prior-year tax filings

Work With BOMCAS Canada

BOMCAS Canada Accounting is committed to helping clients organize their financial records, meet tax and reporting obligations, understand their financial position, and make informed decisions.

From personal tax preparation and corporate tax filing to bookkeeping, payroll, GST/HST, financial reporting, tax planning, and CRA support, our team provides coordinated accounting solutions for clients throughout Canada.

For individuals and businesses seeking a professional Canadian accounting firm that values accuracy, personalized attention, practical advice, and long-term client relationships, BOMCAS Canada is ready to help.

BOMCAS Canada Accounting — professional tax, accounting, bookkeeping, payroll, and business advisory services for individuals and businesses across Canada.