Trusted Books & Records

Trusted Books & Records Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Trusted Books & Records, Financial service, Toronto, OH.

At Trusted Books & Records, we provide a personalized and reliable bookkeeping experience tailored to meet the unique needs of Canadian businesses.

🔹 What We Offer:

Accurate Bookkeeping
Efficient Payroll Services
HST Filing
Income Tax Services

Failing to set up a CRA preauthorized debit can result in missed installment payments, triggering penalties up to 5% of ...
04/23/2026

Failing to set up a CRA preauthorized debit can result in missed installment payments, triggering penalties up to 5% of the unpaid amount. Consistent late payments can lead to increased scrutiny and potential audits. Avoid these pitfalls by ensuring your payment arrangements are compliant. Visit trustedbr.ca to get started.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

Failing to issue a T4A slip for contractor payments over $500 can trigger a CRA audit. The penalty for not filing these ...
04/23/2026

Failing to issue a T4A slip for contractor payments over $500 can trigger a CRA audit. The penalty for not filing these slips by the last day of February is $25 per day, up to a maximum of $2,500. Avoid costly mistakes and ensure compliance. Visit trustedbr.ca to get started.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

Failing to document business meal and entertainment expenses can lead to disallowed claims under CRA guidelines. Without...
04/23/2026

Failing to document business meal and entertainment expenses can lead to disallowed claims under CRA guidelines. Without itemized receipts, CRA may reject your deductions, resulting in increased tax liability. Ensure every meal and entertainment expense is backed by detailed records to avoid costly audits. Visit trustedbr.ca to get started.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

Failing to report capital gains from small business asset sales can trigger a CRA audit under Section 152 of the Income ...
04/23/2026

Failing to report capital gains from small business asset sales can trigger a CRA audit under Section 152 of the Income Tax Act. Non-compliance can result in penalties of up to 50% of the understated tax. Ensure your records are audit-proof. Call us at 866-655-4544.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

Failing to accurately report your business income on the T2125 can trigger a CRA audit. Misreporting can lead to penalti...
04/23/2026

Failing to accurately report your business income on the T2125 can trigger a CRA audit. Misreporting can lead to penalties up to 50% of the understated tax. Ensure your records are precise and complete to avoid costly consequences. Visit trustedbr.ca to get started.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

Ignoring unreported income? The CRA's Voluntary Disclosure Program is your last chance to avoid penalties of up to 50% o...
04/22/2026

Ignoring unreported income? The CRA's Voluntary Disclosure Program is your last chance to avoid penalties of up to 50% on taxes owed. Once the CRA initiates an audit, this option is off the table. Visit trustedbr.ca to get started.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

Mixing personal and business expenses is a red flag under CRA's audit radar. Incorrect documentation can lead to disallo...
04/22/2026

Mixing personal and business expenses is a red flag under CRA's audit radar. Incorrect documentation can lead to disallowed claims and penalties up to 50% of the understated tax. Avoid costly errors and ensure compliance. Book your free consultation at trustedbr.ca.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

Failing to maintain accurate records as a sole proprietor can lead to disallowed expense claims and costly audits. The C...
04/22/2026

Failing to maintain accurate records as a sole proprietor can lead to disallowed expense claims and costly audits. The CRA requires you to keep all receipts and invoices for at least six years. Non-compliance can result in penalties of up to 50% of understated taxes. Visit trustedbr.ca to get started.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

Confusing zero-rated and exempt supplies can lead to incorrect HST filings and trigger CRA audits. Misclassification res...
04/22/2026

Confusing zero-rated and exempt supplies can lead to incorrect HST filings and trigger CRA audits. Misclassification results in penalties up to 10% of the tax not collected or remitted. Ensure compliance by understanding that zero-rated supplies require HST registration and filing, while exempt supplies do not. Book your free consultation at trustedbr.ca.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

Failing to file your GST/HST returns through CRA My Business Account by the due date results in a 1% penalty of the unpa...
04/22/2026

Failing to file your GST/HST returns through CRA My Business Account by the due date results in a 1% penalty of the unpaid tax, plus 0.25% for each full month the return is late, up to 12 months. Late filing of corporate income tax returns incurs a penalty of 5% of the unpaid tax, plus 1% for each full month the return is late, up to 12 months. Visit trustedbr.ca to get started.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

CRA mandates that you maintain a detailed logbook to differentiate between business and personal vehicle use. Failure to...
04/22/2026

CRA mandates that you maintain a detailed logbook to differentiate between business and personal vehicle use. Failure to provide this documentation during an audit can lead to disallowed claims and penalties up to 50% of the understated tax. Ensure your vehicle expenses are compliant and avoid costly mistakes. Visit trustedbr.ca to get started.

Providing top-notch bookkeeping, payroll, and tax services for small to medium businesses in Kawartha Lakes, Ontario. We specialize in personal and business taxes, HST filing, and AI tools to streamline your financial processes.

Address

Toronto, OH
K0M1S0

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 1pm

Telephone

+18666554544

Website

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