🎉 Yesterday, we celebrated a milestone! Our Managing Partner, Pramen Prasad, marked his 60th birthday, and we couldn’t be more grateful for his leadership and vision. As a team, we raise a toast to this big occasion and to the impact he’s made on all of us. Cheers to many more years of success, growth, and inspiration! 🥂 #Leadership #Teamwork #HappyBirthday #Milestone #Gratitude
About us
Prasad & Company LLP is a proudly Canadian accounting firm with over 35 years of professional experience. Prasad & Company LLP is headquartered in Thornhill, Ontario with a satellite office in Vancouver, B.C. Our firm provides a full range of services to business and professional clients, as well as individuals and their families in Canada, the U.S., and abroad. As advisors, we have developed and continue to maintain a reputation for providing quality and reliable solutions and services. We are committed to bringing exceptional value to the marketplace by consistently providing up-to-date knowledge of today’s changing economic and business conditions. Our goal is to assist our clients in becoming financially wealthy and successful. This requires us to have an in-depth understanding of Canadian, U.S., and international taxation, financial and management accounting and reporting, as well as wealth preservation and management. We also keep up-to-date with modern technology practices and use the latest devices and applications to provide our clients with ease and convenience that is secure. We continue to grow from “word of mouth,” as our foundation of long-term success is built by our connection with and commitment to our clients’ success.
- Website
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https://www.prasadcpa.com
External link for Prasad & Company LLP
- Industry
- Accounting
- Company size
- 11-50 employees
- Headquarters
- Thornhill, ON
- Type
- Partnership
- Founded
- 1985
- Specialties
- Accounting, Assurance Services, Tax Planning and Preparation, Business Advisory, Estate and Business Succession Planning, Bookkeeping, U.S. and International Accounting and Consulting, Communications, and IT
Locations
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Primary
7699 Yonge Street
Thornhill, ON L3T 1Z5, CA
Employees at Prasad & Company LLP
Updates
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🚀 Enhance Your IT Strategy with CTO Services at Prasad & Company LLP In today’s fast-paced tech landscape, staying ahead means having a strong IT strategy. But hiring a full-time Chief Technology Officer (CTO) isn’t always the best fit for every business. That’s where we come in. At Prasad & Company LLP, we offer outsourced CTO services to help businesses optimize their IT systems and integrate technology seamlessly—without the overhead of a full-time hire. 💼 Why Choose Us? 1. Expert Solutions: Tailored strategies to meet your unique needs. 2. Cost-Effective: Pay for the expertise you need, only when you need it. 3. Proven Results: Our goal is to get it done right the first time. 👨💻 Meet S. Roger Singh, PMP Our In-House CTO With over 24 years of IT experience, Roger has managed enterprise systems, software teams, and disaster recovery strategies for major companies like Cineplex and London Life. He’s a certified Project Management Professional (PMP) and a leader in IT consulting and strategic management. 💡 Ready to transform your business with expert IT consulting? 📧 Contact Roger today at [email protected] to schedule a consultation! #ITConsulting #CTOServices #BusinessGrowth #TechnologyIntegration
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✨ Your Future Starts Here At Prasad & Company LLP, we believe in supporting your professional growth while fostering a collaborative and inclusive work culture. 💡 Why join us? 1. Opportunities for advancement 2. Work-life balance 3. Training & mentorship programs 🌟 Be part of a team that values you. Apply now: https://lnkd.in/e5jmR3s 💼 #JoinOurTeam #AccountingCareers #TeamPrasad
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We're #hiring a new Assurance and Business Advisory Manager in Markham, Ontario. Apply today or share this post with your network.
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We're #hiring a new Tax Manager in Markham, Ontario. Apply today or share this post with your network.
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We're #hiring a new Senior Staff Accountant in Markham, Ontario. Apply today or share this post with your network.
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The year’s end is just around the corner—are your finances in check? 🍁 Take control now with smart tax planning strategies that set you up for success in 2024. 💡 Our team of experts is here to guide you through year-end tax planning and uncover opportunities to save more. 📞 Have questions or need personalized advice? Reach out today 416-226-9840 and let’s make your financial goals a reality! #SmartTaxPlanning #YearEndStrategy #CanadaFinance #AccountingExperts #PrasadCPA
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🚨 CRA’s New Powers: What You Need to Know! The 2024 Federal Budget proposes significant changes to the CRA’s authority, giving them stronger tools to enforce compliance. Here’s what’s on the horizon: ✅ “Under Oath” Requirements: Providing false information could result in perjury charges, with penalties of up to 14 years in prison. ✅ New Notice of Non-Compliance: Daily penalties up to $25,000 and no statute-barred period for audits. ✅ Court Orders & Foreign Information: Taxpayers with unpaid taxes over $50,000 face additional penalties, extending to foreign disclosures. ✅ Expanded Tax Laws: Impacts GST/HST, luxury items, and more. 🛡️ Stay informed and compliant! 👉 Read the full blog to learn more: https://lnkd.in/g8ck6eWF #TaxCompliance #CRANews #PrasadCPA #StayCompliant
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Prasad & Company LLP reposted this
The federal government has announced a proposal for new measures to make life more affordable for Canadians, starting this December. Key highlights include: ✅ GST/HST Relief: Essentials such as groceries, prepared meals, children’s clothing, toys, and even Christmas trees will be tax-free between December 14, 2024, and February 15, 2025. ✅ Working Canadians Rebate: Canadians earning up to $150,000 annually who filed their 2023 taxes will receive a $250 payment starting in spring 2025, benefitting over 18.7 million individuals. This temporary tax relief is expected to ease household budgets during the holiday season, with an average family saving approximately $100 on qualifying purchases. It’s a step to help Canadians navigate inflation and rising costs, ensuring more can focus on the moments that matter with their loved ones. Legislation is underway, and all parties are being urged to support this initiative to provide timely support to Canadians. Let’s make this holiday season a little brighter! #TaxRelief #FinancialSupport #CanadaEconomy #Holidays
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🚀 Boost Your Manufacturing Business with the New Ontario Made Manufacturing Investment Tax Credit (OMMITC) The OMMITC is a new 10% refundable tax credit designed to support local manufacturers and stimulate economic growth in Ontario. Eligible businesses can access up to $2 million in tax credits for qualifying investments, helping improve competitiveness, reduce costs, and drive innovation. Key Benefits for Ontario Manufacturers: ✔️ 10% Refundable Tax Credit ✔️ Tax credit on up to $20 million/year in qualifying investments ✔️ Applies to new machinery, equipment, and eligible building renovations ✔️ Boosts local production, job creation, and sustainability Eligibility Criteria: Must be a Canadian Controlled Private Corporation (CCPC) operating in Ontario Investments must support manufacturing/processing activities in Ontario How Prasad & Company LLP Can Help: ✅ Eligibility Assessment: We’ll help you determine if your business qualifies ✅ Claim Preparation & Filing: We ensure accurate filing with your corporate income tax return ✅ Strategic Tax Planning: Maximize your OMMITC and explore other tax incentives ✅ Ongoing Support: We’re here to guide your business through every step Don’t miss out on this opportunity to reduce costs and improve your bottom line! Contact us today to learn how you can take advantage of the OMMITC and accelerate your business growth. 📞 [416-226-9840] #TaxCredit #OMMITC #OntarioManufacturers #BusinessGrowth #TaxIncentives #PrasadAndCompanyLLP #AccountingExcellence #ManufacturingInnovation #OntarioBusiness #TaxPlanning #CorporateTax