At SAR Professional Corporation, we offer specialized accounting and tax services designed to meet the unique financial needs of colleges and educational institutions. With our deep understanding of the education sector’s compliance and financial requirements, we provide tailored solutions that help you maintain fiscal responsibility, achieve transparency, and navigate the complexities of tax regulations.

What We Offer:

• Comprehensive Accounting Services: From daily bookkeeping to preparing year-end financial statements, we ensure that your college’s finances are organized and compliant.
• Budgeting and Financial Planning: We assist in crafting long-term financial plans, setting realistic budgets, and managing cash flow, so your institution can operate efficiently and plan for future growth.
• Grant and Fund Management: Expert tracking and reporting of government grants, donations, and other sources of funding to ensure they are utilized effectively and in compliance with donor or government stipulations.
• Audit Preparation: Preparation for both internal and external audits, ensuring that all records are accurate and in compliance with relevant education and government regulations.
• Payroll Management: We handle payroll processing for faculty, administrative staff, and part-time employees, ensuring timely and accurate payments and compliance with tax laws.
• Tax Planning and Filing: Specialized tax planning strategies to help colleges take advantage of available deductions and credits. We also ensure timely and accurate filing of all tax returns, minimizing the risk of penalties.
• Tax-Exempt Status Compliance: Guidance and assistance in maintaining your institution’s tax-exempt status by adhering to the necessary CRA regulations.
• Capital Expenditure Tracking: Detailed reporting and tracking of capital projects and investments, including buildings, equipment, and infrastructure, to ensure proper accounting treatment and long-term asset management.