Our Services

Tax Planning

A critical element in the complete provision of professional service is taxation. Taxation has a major impact on both individuals and businesses and is becoming more complex every year. Our tax engagements focus on timely tax return preparation and on generating innovative ideas to legally reduce your existing tax burden. By taking a pro-active approach towards tax planning, we combine creativity with our in-depth knowledge of the tax legislation to develop effective strategies to achieve your goals. Some of our services include:

• Transaction structuring to minimize taxes.
• Development of constructive tax planning suggestions.
• Preparation of tax returns
• Tax planning for high net-worth individuals
• Development of reorganization plans.
  

Accounting System Design and Implementation

At Garrett Gray we are skilled in a wide variety of accounting packages including QuickBooks, Simply Accounting and M.Y.O.B. and can assist in selecting the most appropriate program for your company. We have assisted many companies during the start up phase to set up their accounting records to ensure adequate controls are established.

With the appropriate accounting information system in place, the business owner can focus on increasing profitability of the enterprise. Moreover, an efficient accounting system improves financial reporting to owners, which is crucial to the decision making process in today's business environment.

Auditing and Accounting

Garrett Gray has a significant client base of companies for whom we provide audit and accounting services as required to meet each company's need. We work with a variety of accounting software packages and assist many clients by providing monthly reporting of their results. For those companies who do not require a full time accountant, we are able to offer a wide range of customized services on a monthly, quarterly or annual basis. Our clients are primarily owner-operated companies from the following industries:

• Oil & Gas
• Manufacturing
• Information Technology
• Professionals
• Service and Retail
• Construction

Consulting Advice to the New or Developing Business

At Garrett Gray, we have assisted many companies in the start up phase. It is rewarding to know that we have played a role in the ongoing success of several Calgary enterprises and allowed them to focus on operating the business that they know. The services that we can provide include preparation of business plans, assistance in obtaining financing, arrangements for all legal requirements as well as dealing with the regulatory authorities.