Farrukh Ahmed, CPA

A Mississauga practice built on tax audit experience

Farrukh Ahmed CPA is an accounting and tax practice in Mississauga, Ontario, that serves individuals and small to mid-sized businesses across the Greater Toronto Area. The practice reports that it has served thousands of companies and individuals in Mississauga over several decades.

Tax audit background and teaching

The principal's earlier career includes reviewing returns for the Canada Revenue Agency, which gives the practice detailed knowledge of the Canadian tax system. The principal also teaches at Sheridan College. The practice says that more than twenty-five years of practical experience, together with that revenue agency background, helps it both prepare returns and defend clients against the CRA.

Bookkeeping and payroll

Bookkeeping covers accurate, organized and up-to-date financial records, kept so that a business can run smoothly day to day. Payroll is handled from start to finish: wages and deductions are calculated, paystubs are issued, and remittances and payroll filings are completed.

GST and HST filing

GST and HST returns are filed on time and in compliance with the rules. The practice also offers online calculators that help a user estimate tax, including a GST and HST calculator that works by province and a reverse calculator, and an income tax calculator that shows which bracket a person falls into.

Tax planning and CRA audit defence

Personal and business tax planning covers strategies to reduce tax and the filing that follows. The practice also represents clients during Canada Revenue Agency audits, from simple to complex issues, and prepares action plans to protect clients' interests and limit the financial effect of an audit.

Consultation for individuals and companies

The practice serves individuals, entrepreneurs, small business owners and incorporated businesses. It offers consulting sessions where clients can discuss their finances and the planning that goes with them.