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We are a public accounting firm in mid-town Toronto providing a wide range of accounting, management, consulting and tax services that are reflective of the unique needs of small to medium size businesses in a wide variety of industries. We also service the unique issues faced by larger enterprises and public companies.
We are currently looking for a full-time intermediate staff accountant, who is passionate about client service, accounting, corporate and personal tax preparation, to join and grow with the firm.
- Independently complete (from start to finish) working papers and financial statements for mostly “Review” and “Notice to Reader” engagements of various sizes
- Prepare corporate, personal and trust tax returns
- Assist with and/or prepare annual T5/T4/T3 slips
- Various income tax and accounting projects, as the need arises
- Occasional travel to client offices, if and when required
- Build effective relationships with clients
- Respond and followup to client and CRA requests
- Ad hoc duties as assigned
- Monitor, coach and review junior staff, if and when required
- Identify internal processes and file improvements for future assignments and share ideas with other staff members
- Minimum of 2-3 years experience in a Canadian Public Accounting Firm
- CPA designation (CA , CGA or CMA) is an asset, but not required.
- Proficient in Microsoft Word and Excel, Case Ware and Taxprep
- Familiarity with Quick books and other accounting system
- Excellent verbal and written communication skills
- Strong interpersonal skills
- Strong commitment to quality
- Strong file management and organization skills
- Understanding of business professionalism and an ability to work independently and as part of team
Based on qualification and experience
Please email resume and cover letter in confidence with approximate salary expectation level to email@example.com. We thank all candidates who apply, however, only those selected for a personal interview will be contacted.
Lottery prize commissions
Lottery ticket retailers who sell winning tickets must include in their income the amount or value of any prize commissions they received from a provincial lottery corporation on or after January 1, 2014. For more information, see Lottery prize commissions.
For years, the Canada Revenue Agency (CRA) held the position that any commission or prize received by lottery ticket retailers from a provincial lottery corporation for selling a winning ticket was not taxable. This position was outlined in Interpretation Bulletin IT 404R, Payments to Lottery Ticket Vendors.
Repeated concerns over the years about the fairness of this position prompted the CRA to review it. Concerns centred on the fact that generally, as explained in Interpretation Bulletin IT-334R2, Miscellaneous Receipts, prizes or commissions a taxpayer may receive from carrying on a business are indeed taxable. Upon review, the CRA concluded that treating prizes paid to lottery ticket retailers as non-taxable led to inconsistent treatment between taxpayers. As a result, the CRA cancelled Interpretation Bulletin IT-404R on December 31, 2013.