Comprehensive Services Tailored to Your Unique Needs
Chimerou Accounting is a full-service accounting firm dedicated to serving clients locally and beyond, conducting our business on faith. We leverage the power of the Internet year-round. We focus on delivering exceptional tax preparation and bookkeeping services tailored to your needs.
Our Commitment
We aim to help you achieve your financial objectives through precise record-keeping and insightful reporting. We also assist with financial matters, including the initial setup of your accounting system. Our primary objective is to ensure the accuracy of your filings while identifying all eligible credits and deductions, so you can rest easy knowing your return will be submitted on time.
Tailored Tax Preparation Solutions
We offer a comprehensive range of tax preparation services, including Canadian and US tax filings, as well as specialized returns for independent contractors throughout the year. Our goal is to address each client's unique requirements, ensuring accuracy and efficiency from the start.
Bookkeeping Services
Effective record-keeping is vital for any successful business but can often be complex and time-consuming. Chimerou Accounting is here to streamline your bookkeeping processes, allowing you to concentrate on what you do best—running your business. Our team will handle all aspects of your bookkeeping to ensure it aligns with your operational requirements.
- Customized Services: Tailored bookkeeping solutions designed to meet your specific needs.
- Industry-Specific Setup: Establish your bookkeeping system according to your industry standards.
- Regular Updates: Frequent meetings to keep you informed about your accounts.
- Payroll Preparation: Efficient payroll processing and account reconciliation.
- Financial Statement Assurance: Offering financial statement services with varying levels of assurance based on your company's requirements.
US Personal Tax and Trust Services
We assist US taxpayers with tax preparation when living abroad by preparing their US tax returns and ensuring compliance and accuracy.
Accurate record-keeping is vital for a thriving business, but it can often be complex and time-consuming. We can help you. Our services include the preparation of US personal tax returns (Forms 1040 and 1040NR for gambling) and all relevant schedules. We also handle:
- Reporting for US Personal Trust Accounts
- Forms 3520 and 3520-A
- IRS Forms 5471 and 8621
Canadian Personal Tax Services
Chimerou Accounting prepares personal income tax returns, including services for independent contractors, to maximize your credits and deductions.
- General Canadian Tax Preparation
- Sole Proprietorship and Independent Contractor Tax Returns
- GST/HST Preparation and Filing
- Non-Resident Tax Return Preparation
- Canadian Corporate Tax Return Preparation – Compilation Only
- Trust Returns and Other Tax Services
Year-Round Tax Preparation
Our team specializes in providing tax preparation services tailored for US taxpayers living abroad, including:
- Personal US Tax Preparation
- Reporting for Personal US Trust Accounts
- FinCEN and US FBAR Reporting
Cross-Border Tax Expertise
We offer cross-border tax preparation services for US and Canadian clients, applying the Foreign Tax Credit (FTC) and Foreign Earned Income Exclusion (FEIE) where applicable.
Corporate Tax Returns
We specialize in preparing corporate tax returns, providing compilation-only services to meet your specific business needs. For your corporate tax returns, we exclusively provide compilation services, ensuring accurate and reliable financial reporting.
Compilations are primarily utilized for internal purposes and rely on information provided by your management team. While these statements do not provide assurance, they may involve adjustments to accounting records as necessary.
Convenient Information Gathering and Delivery
As an internet-based firm, we will arrange meetings to collect your information and provide you with your copies, either in person or via our portal for your convenience.
Commitment to Privacy
We take your privacy seriously. We do not share any non-public personal information about our clients or former clients with anyone, unless instructed by you or required by law. Access to non-public personal information is restricted to only those professionals necessary for delivering our services. We maintain stringent physical, electronic, and procedural safeguards to protect your information.
Complying With I.R.C. Section 6713
If your needs extend beyond tax return preparation or if you regularly share information like your name, address, and phone number with affiliated financial service professionals, we recommend a more comprehensive privacy policy. I.R.C. Section 6713 prohibits disclosing any return information to non-affiliated third parties. Should you choose to share information with affiliated third parties, the law requires us to offer you the option to "opt out," which prevents any disclosure of non-public information to even affiliated parties for any purpose.
Payment Options
You can conveniently make payments through e-transfer, or if you prefer, you may send us a check. Depending on the volume of work required for your tax preparation, bookkeeping, and accounting services, we may request a retainer before commencing the requested services.
Make a Service Request
We’re here to assist you with detailed information to help you decide which of our services will best suit your needs at a competitive price. Once you give us the green light to proceed, most communication will take place through our secure portal. Feel free to reach out.