SummerRain Finance

Our Platform

At SummerRain Finance, we firmly believe that effectively managing your finances is a crucial tool for empowering growth and achieving peace of mind, eliminating stress. We are unwaveringly committed to empowering small businesses, entrepreneurs, and individuals with outstanding accounting, bookkeeping, and tax solutions throughout North America.

~ We revolutionize your Finances, So you can expand your business ~

Our services

Accounting Services

• Financial Analysis & Reporting

• General Ledger Maintenance

• CRA / IRS Audit Support & Correspondence

• Essential Business & Tax Advice

Bookkeeping Services

• Accurate Monthly Record-Keeping

• Payroll Processing & Support

• Invoice & Transaction Management

• Expense Management (categorization, accounts payable, receipt & mileage tracking)

• Online Bill Payment

• Individual (T1) Tax Returns (Canada)

• Corporate (T2) Tax Preparation (Canada)

• GST/HST Filing (Canada)

• Individual (1040) Tax Returns (U.S.)

• Corporate (1120/1120-S) Tax Preparation (U.S.)

• Sales Tax Filings (U.S. States)

• Tax Planning & Appeals

• Section 216 Election Returns (Canada)

• Form T2062/T2062A Preparation for Non-Residents (Canada)

• Combined Canadian & US Returns (including tax treaties, foreign tax credits, and exemptions)

Tax Preparation & Planning

SummerRain Finance was established on the foundational belief that every business requires clear and dependable financial guidance, irrespective of their operational location. We take pride in our meticulous attention to detail, proactive methodologies, and steadfast commitment to enhancing your financial wellbeing.

• Expertise Built on Trust: Our team consists of seasoned professionals with extensive knowledge of Canadian and U.S. tax regulations, compliance, and advanced cloud accounting technologies. We are committed to staying ahead of industry transformations to uncover opportunities for your financial advancement.

• Cloud-Powered Efficiency: We utilize the latest cloud-based accounting tools such as QuickBooks Online and Xero, delivering seamless, secure, and precise services that are readily accessible to you at any time and from anywhere.

• Cross-Border Expertise: Our distinctive proficiency in both Canadian and U.S. tax regulations renders us an invaluable partner for clients navigating the complexities of cross-border financial matters, ensuring the maximization of benefits while maintaining compliance with all applicable treaties.

• Cost-Efficiency & Convenience: Alleviate your workload and enhance cost-effectiveness with our affordable, professional services provided online. Redirect your time and energy towards growing your business rather than managing cumbersome accounting responsibilities.

• Catch-Up Support: Are you behind on paperwork or tax submissions? We are here to assist you. Simply submit your documents; we will organize them and liaise with the CRA (Canada) or IRS (U.S.) on your behalf. We offer prorated fees and discounts for catch-up work to ensure it remains manageable.

• Transparent Pricing: Benefit from clear, flat-rate pricing with no concealed costs or binding contract obligations. Your financial transparency is our foremost priority.

Our Approach

We don’t just process numbers; we cultivate strong relationships. Our methodology is firmly rooted in a deep understanding of your unique challenges and aspirations:

• Listen & Understand: We begin by actively listening to your needs, whether you’re a thriving startup, a busy professional, or a multi-unit business.

• Simplify & Organize: We transform your financial data into clear, actionable insights, bringing precision and order to your records – even if you’re behind on paperwork.

• Guide & Empower: We deliver the financial reports, analysis, and strategic expertise you need to make confident decisions, plan for a prosperous future, and drive your business forward.

Frequently asked questions

Can SummerRain Finance prepare my taxes?

Yes, SummerRain Finance provides comprehensive tax preparation services for both Canadian and U.S. clients. If you already work with a tax expert, we'll ensure your books are meticulously maintained and accurately updated throughout the year, so they're always perfectly ready for your preparer.

Do I need a bookkeeper if I have an accountant?

Yes, bookkeeping and accounting are distinct, yet complementary, functions vital for any healthy business.

• Bookkeepers focus on the day-to-day, accurate recording of your financial transactions. Their responsibilities include: compiling daily financial data, categorizing expenses in the general ledger, reconciling bank statements, and generating fundamental financial statements.

• Accountants leverage the precise financial data provided by bookkeepers to offer strategic insights and advisory services, such as: analyzing your company's financial performance, preparing income tax returns, and providing expert tax planning advice. Think of it this way: Your bookkeeper meticulously tracks where your business has been financially, while your accountant uses that information to help you plan where it's going

How much does it cost?

We believe in clear, upfront pricing with no hidden fees or fixed contract terms. Please select the Book A Free Consultation or Contact Us button for more information.

What types of businesses does SummerRain Finance serve?

SummerRain Finance proudly serves small and medium-sized businesses across various sectors. We have particular expertise and a proven track record in these industries: Professional Services, Home Service Contractors, Health and Wellness, and Restaurants & Food Services.

Do you integrate with payroll systems?

Yes, SummerRain Finance can set you up with a cloud-based payroll system that seamlessly connects with your accounting software. We'll ensure all details from each pay run are accurately recorded in your financial records and reconciled against your bank statement.

Do you handle sales tax (e.g. GST/HST State Sales Tax?

Yes, SummerRain Accounting can help you track the sales taxes you collect (like GST/HST in Canada or State Sales Tax in the U.S.) to ensure you are fully prepared to file and report accurately and on time.

Get in touch

Ready to optimize your finances? We invite you to discover how SummerRain Finance can bring precision and peace of mind to your financial world.

Phone

US: +1 (954) 323-0414

Email

finance@summerrainemepire.com

Canada: +1 (778) 382-7382