Rocket Accounting Case Study 004
Bookkeeping Overhaul Reduces Taxes by $28,350 and Personal Taxes to Zero
The Problem
Stuart came to us with three years’ worth of corporate tax returns filing to complete. The bookkeeping was semi-prepared but with a lot of errors and missing information.
The Solution
After a conversation with Stuart, we decided it would be better to start the bookkeeping from scratch. Not only would it be cheaper for us to redo the bookkeeping, it was actually more cost effective. After completing each year, alongside Stuart’s personal taxes we were able to find several tax planning strategies. We were also able to spot several expense categories that were overlooked by their previous bookkeeper.
The Outcome
Although Shahz has moved onto a different career path, his corporation is still active and saving him taxes every year.
Overall, we were able to save Stuart approximately $28,350 in corporate taxes while reducing his personal income taxes to zero.
A Rocket Accounting Verified Client
Saved in Corporate Taxes
“Kam and his team have been a great asset to me and my business. He is clear and concise, helps me understand my options, and his billing has been transparent. It has taken a huge load off my shoulders bringing them on to do my personal and business accounting. Strongly recommend.”
Stuart Morton
Owner
We Put Our Clients First and It Shows
Reviews
Every tax season Kam helps me super efficiently. It’s amazing having an accountant you can trust and make the process easy! Thanks!
Kam and his team are exceptional. They expertly handled all my financial questions regarding my business and made the whole process stress-free. Highly recommended!
I use Rocket Accounting for my business & personal taxes and I am beyond happy with their services. Kam and his team are on-top of everything leaving me worry-free and able to focus on growing my business. I would definitely recommend Rocket Accounting to anyone!
Kam, Christine and the team here at rocket accounting have been amazing! We've been with them for over 4 years, they've always been so helpful in assisting us with any questions or problems that we had.We would highly recommend them to any small businesses whom are looking to offload their accounting. They have saved us a ton of time and money with the diligent work that they do.Thank you team Rocket!
Kam and his team have been a great asset to me and my business. He is clear and concise, helps me understand my options, and his billing has been transparent. It has taken a huge load off my shoulders bringing them on to do my personal and business accounting. Strongly recommend.
I have used Kam Gosal and his services, and I am extremely pleased with his advice and the value I have received at a very fair price.More importantly I want to comment on his ability to help service my clients. I have my own financial planning practice and I have consistently referred my clients to Kam over the years.The reason I can consistently refer to Kam is because every single time I do my clients have reached back out to me thanking me for doing so.There is a great deal over overlap in the clients Kam and I work with, especially when it comes to self employed individuals. Kam can help them in so many areas that really compliment my offerings. Kam is exceptional at assisting my clients with bookkeeping, tax filings, payroll, corporate structure as well other areas of advice.If you are a professional like me who is in wealth management, law, etc. I would highly suggest you speak with Kam. He will be a great compliment to you and your ability to properly serve your clientele.
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