Business Details
Custom Accounting Solutions in Nanaimo
At New Heights Accounting, we prioritize understanding our clients' unique needs to deliver tailored accounting solutions. With a focus on transparency and efficiency, we specialize in tax preparation, bookkeeping, and financial consulting for small to mid-sized businesses. Our team combines extensive experience with a personalized approach, ensuring clients only pay for services they require. We emphasize accuracy in financial reporting, strategic tax planning, and streamlined bookkeeping processes to support business growth.By avoiding one-size-fits-all solutions, we help clients navigate complex financial landscapes while maintaining compliance. Our commitment to client education and proactive communication fosters long-term partnerships built on trust and mutual success.
Services
Tax Preparation
Financial Statements
Bookkeeping
Consulting
Tax Planning
Payroll Services
GST/PST Filing
Corporate Tax Returns
Financial Consulting
Business Startups
Highlights and features
- We offer personalized accounting solutions tailored to your specific business needs
- Our team combines medical and business expertise for unique problem-solving approaches
- Transparent pricing with no hidden fees or unnecessary services
- Experienced professionals with international backgrounds in finance and operations
- We prioritize client education to help you understand your financial position
Services
Tax Preparation
We prepare personal and corporate tax returns with strategic planning to minimize tax liabilities. Our service includes identifying eligible deductions, ensuring compliance with CRA regulations, and providing year-round tax advice. Clients receive thorough explanations of their tax situations and proactive recommendations for future planning.
Bookkeeping
Our bookkeeping services maintain accurate financial records for sole proprietorships and corporations. We handle bank reconciliations, accounts receivable/payable, payroll processing, and government filings. This service streamlines financial management and provides reliable data for business decisions while reducing year-end accounting costs.
Financial Statements
We prepare balance sheets, income statements, and cash flow statements tailored to client needs. Our services include compilation engagements for internal use or low-level financing. We help businesses determine if financial statements are necessary and provide cost-effective solutions that meet their specific requirements and regulatory obligations.
Consulting
Our consulting services address business startups, operational improvements, tax planning, and debt management. We connect clients with specialists for specific needs while offering strategic financial guidance. This service helps businesses optimize operations, improve financial management, and navigate complex regulatory environments.
Payroll Services
We handle complete payroll processing including deduction calculations, remittances, and government filings. Our service covers T4 slips, Record of Employment, and WorksafeBC returns. We ensure compliance with payroll regulations while saving businesses time and reducing administrative burdens through accurate, timely processing.
People
Anna Wei
Senior Accountant, Partner
Medical graduate from Xin Xiang Medical University with clinical experience in China. Transitioned to accounting with specialized expertise in corporate tax planning and financial consulting. Brings analytical precision from medical diagnostics to financial problem-solving.
Norm Wolf
Director of Marketing, Partner
Calgary native with MBA from University of Lethbridge. Combines business strategy expertise with marketing innovation. Focuses on client relationship management and operational efficiency improvements for small businesses in Nanaimo.
Questions
How do I start working with New Heights Accounting?
Contact us at (250) 667-0059 to speak with Norm or Anna. We'll discuss your needs and schedule an initial consultation at no charge.
What accounting services do you offer?
We provide tax preparation, bookkeeping, financial statements, payroll processing, GST/PST filing, and business consulting services tailored to small businesses.
How are your fees structured?
We provide personalized quotes during initial consultations. First-year clients pay a retainer, while subsequent years are invoiced after service completion.
Do you handle corporate tax filings?
Yes, we prepare and file T2 Corporate Income Tax Returns, including all necessary compliance documents and government filings.
What information do you need for year-end processing?
We require CRA correspondence, income statements, balance sheets, GST returns, and year-end bank statements to complete corporate year-end processing.
How long does corporate tax processing take?
Typically two weeks after receiving all necessary documentation. We provide draft documents for review before final submission to CRA.
