Accounting
Yom Trading offers expert accounting services to streamline your business. Trust us for accuracy, compliance, and financial insights that drive success.
call us
- +1 (437) 848-7479
- 31 Clifford Pvt. Ottawa, ON K1G 4Y3
accounting
Say goodbye to bookkeeping stress with our fixed, competitive monthly fees. Let’s focus on what really matters – growing your business!
– Receipt Management: Drop off your receipts in our handy file, and we’ll handle the rest. We’ll process everything and return your documents, hassle-free.
– Custom Excel Workbook: Keep track of your transactions with our customizable workbook, complete with a Profit and Loss Statement and HST return calculations.
– Online Accounts: Access and manage your accounts anytime, anywhere. Plus, get real-time support and advice from your YOM Business Consultants Accountants.
corporate tax
Our accountants are here to support you with preparing company accounts, filing corporate tax returns, and completing detailed tax computations. We also offer tailored advice on tax planning strategies that could benefit both you and your business.
Whether you’re looking to ensure compliance or explore opportunities for tax efficiency, our team provides expert guidance to help you make informed financial decisions and maximize potential savings.
Succession Planning for the Future
Planning your succession is essential for ensuring the long-term stability and success of your business. It involves identifying and preparing future leaders or owners to take over when you step down, whether due to retirement, sale, or unforeseen circumstances. A well-structured succession plan helps maintain business continuity, protects stakeholder interests, and can minimize tax liabilities.
It also allows for a smoother transition, reducing disruption and preserving the value you’ve built. Whether passing the business to family, employees, or external buyers, early and strategic planning ensures your goals are met and your legacy is secured. Professional advice can help tailor the plan to your unique circumstances and legal requirements.
Who We Help
- Small to medium-sized enterprises (SMEs) seeking financial and tax guidance
- Startups looking for business setup and strategic planning support
- Self-employed professionals needing personalized tax solutions
- Corporations requiring accounting, compliance, and advisory services
- Entrepreneurs aiming to grow or restructure their business
Individual and Self-Employed Taxation
Self-employed individuals need to approach tax preparation with care and attention. Whether you’re operating an unincorporated business or earning income through self-employment, it’s essential to understand the rules around deductions, allowable expenses, and filing obligations.
Proper knowledge and planning can help you stay compliant with tax laws while optimizing your potential savings. Being proactive and well-informed throughout the year makes tax season smoother and reduces the risk of costly errors or missed opportunities.
Cashflow projections
Cashflow projections are a vital tool for managing the financial health of your business. At YOM Trading and Business Consultants Corp, we help you forecast your income and expenses to ensure your business maintains sufficient liquidity to meet its obligations.
Our tailored cashflow projections provide a clear view of your short- and long-term financial position, helping you plan for growth, identify potential cash shortages, and make informed decisions.
Tax Obligations
Understanding tax obligations is essential for online sellers to stay compliant and avoid penalties. Whether you sell through your own website or platforms like Amazon, Etsy, or eBay, you’re required to report income and pay the appropriate taxes. This may include income tax, self-employment tax, and, in some cases, sales tax depending on your location and where your customers are based. Keeping accurate records of sales, expenses, and inventory is crucial for proper tax reporting.
At YOM Trading and Business Consultants Corp, we guide online sellers through their tax responsibilities, help identify eligible deductions, and ensure timely filings. With the right support, you can focus on growing your online business while staying compliant with tax laws.
Attention Corporate Business Owners:
At YOM Trading and Business Consultants Corp, we understand the unique challenges and responsibilities that come with running a corporation. From managing financial reporting and corporate tax compliance to strategic planning and growth, our expert team is here to support every stage of your business journey.
We offer tailored accounting, tax, and advisory services designed to improve efficiency, reduce tax liabilities, and ensure full compliance with regulatory requirements. Whether you’re looking to streamline operations, expand, or plan for succession, our consultants provide the insight and tools needed to make confident, informed decisions. Partner with us to strengthen your corporate foundation and drive sustainable success.
Expert Accounting Services
At YOM Trading and Business Consultants Corp, our Expert Accounting Services are designed to provide accurate, efficient, and tailored financial solutions for your business. Whether you’re a small startup or an established corporation, we specialize in bookkeeping, financial reporting, tax compliance, and strategic financial planning.
Our team of experienced accountants ensures that your financial records are organized, up-to-date, and compliant with all regulatory requirements. We also offer personalized advice to optimize your financial position, minimize tax liabilities, and support your growth objectives. Trust us to handle your accounting needs so you can focus on what matters most—growing your business and achieving long-term success.
File Your Taxes Hassle Free
At YOM Trading and Business Consultants Corp, we make filing your taxes hassle-free. Our team of tax experts takes the stress out of tax season by ensuring that all forms are accurately completed and filed on time. Whether you’re an individual, self-employed, or a business owner, we guide you through the entire process, maximizing deductions and minimizing liabilities.
We stay up-to-date with the latest tax laws and regulations to ensure full compliance, while providing personalized advice tailored to your unique financial situation. With our support, you can rest easy knowing your taxes are handled professionally, efficiently, and with minimal effort on your part. Let us take care of the details, so you can focus on what matters most.
At YOM Trading and Business Consultants Corp, we specialize in helping startups lay a strong foundation for long-term success. From business registration and structuring to tax planning and financial setup, our expert team provides comprehensive support at every stage of your startup journey.
We understand the unique challenges new businesses face and offer tailored solutions in accounting, budgeting, and compliance to help you start strong and grow with confidence. Whether you’re launching a small business or scaling a new venture, we guide you through the complexities of business operations with clarity and strategy. Partner with us to turn your ideas into a thriving enterprise, backed by expert advice and reliable financial support.
At YOM Trading and Business Consultants Corp, we provide expert guidance to business owners looking to sell their business with confidence and clarity. Selling a business is a significant decision that involves careful planning, valuation, financial preparation, and negotiation. Our experienced consultants work closely with you to assess your business’s true value, prepare accurate financial statements, and structure the sale for maximum return while minimizing tax implications.
We ensure a smooth transition by assisting with legal, financial, and operational aspects of the sale. Whether you’re retiring, pursuing new opportunities, or simply ready for change, we help you navigate the process strategically and securely. Let us support you in achieving a successful and profitable business exit.
At YOM Trading and Business Consultants Corp, we help individuals and business owners make the most of their home office expenses. If you work from home, you may be eligible to claim a portion of your household costs—such as utilities, rent, internet, and maintenance—as business expenses. Our team ensures that your claims are accurate, compliant with tax regulations, and fully optimized to reduce your tax liability.
Whether you’re self-employed, a remote worker, or running a business from home, we guide you through the eligibility criteria and proper documentation needed. With our expert advice, you can confidently take advantage of available deductions and keep more of your hard-earned income while staying compliant.
At YOM Trading and Business Consultants Corp, we understand the unique tax needs of truck drivers and are here to help you maximize your eligible deductions. Whether you’re an owner-operator or a company driver, you may be entitled to claim expenses such as fuel, meals, lodging, maintenance, insurance, licensing fees, and more.
Our tax professionals are experienced in transportation industry regulations and ensure that your deductions are accurate, well-documented, and compliant with CRA or IRS rules. We help you keep more of your income by identifying every allowable expense and providing clear guidance on record-keeping.
Outsourcing your bookkeeping to YOM Trading and Business Consultants Corp offers a cost-effective, accurate, and stress-free solution for managing your financial records. By trusting our experienced team, you save valuable time and reduce the risk of errors, allowing you to focus on running and growing your business. We provide timely, organized, and compliant financial reports that give you a clear picture of your business’s health.
Outsourcing also eliminates the need for in-house staff and costly accounting software, lowering overhead expenses. Whether you’re a small business or a growing company, our customized bookkeeping services ensure your records are always up to date, giving you peace of mind and reliable insight for smarter financial decisions.
Common FAQ
Yom Trading provides a full range of accounting services, including bookkeeping, payroll management, tax preparation, financial reporting, and compliance. We cater to businesses of all sizes, offering customized solutions to meet unique financial needs. Whether you need day-to-day transaction management or strategic financial planning, our experienced team is here to ensure accuracy, efficiency, and peace of mind.
We stay updated on the latest tax laws and regulations to ensure your business remains compliant. Yom Trading offers thorough tax preparation, filing, and planning services to minimize liabilities and maximize returns. Our experts review your financial records meticulously, ensuring accuracy and adherence to legal requirements, so you can avoid penalties and focus on growth.
Yes, we provide financial planning and forecasting services to help businesses achieve their long-term goals. By analyzing your financial data, identifying trends, and providing actionable insights, we assist in creating budgets and strategic plans. With Yom Trading, you’ll gain the tools to make informed decisions that drive growth and profitability.
Absolutely! Yom Trading specializes in personalized accounting solutions tailored to small businesses. We understand that every business is unique, so we adapt our services to your specific needs, whether it’s bookkeeping, payroll, or tax management. Our goal is to provide cost-effective, reliable accounting support that helps your small business thrive.
We help businesses optimize cash flow by tracking income, expenses, and outstanding payments. Yom Trading provides strategies to improve liquidity, reduce costs, and enhance financial stability. With regular financial reports and expert advice, we ensure you have a clear view of your cash flow, enabling better decision-making and sustainable growth.