Client Services

HSM offers a wide range of financial services that cater to the needs of businesses and individuals alike, across various industries. Each financial solution we deliver is tailored according to our clients’ portfolio and the industry-specific requirements they must satisfy. With this approach, you can count on us to deliver personalized, quality service beyond comparison.

Do you think it’s possible to grow the value of your business by up to 71%?

Discuss this with one of our financial advisors, and together, we will map out a strategy for achieving this score. Starting with just a few questions about your business, the resulting score report will serve as our guide for helping you innovate how you do business towards tangible growth.

With the proven expertise of our financial advisors in tax strategies, compliance, and preparation; as well as in succession planning, accounting, consulting, and assurance.

Backed by these insights into your business’ financial health, we can also provide you with valuation, loss quantification, and supporting expert reports through our partners at Valuation Support Partners Ltd. (VSP Ltd.). Apart from a wide range of businesses and industries, our financial solutions also support the needs of legal communities.

At HSM, you can count on us to deliver intelligent and practical solutions to resolve today’s financial issues and plan for a better financial outlook tomorrow and in the years to come.

We figured out long ago that the best measure of our own success is the success of our clients. Join us as we celebrate 50 years of teamwork with clients, our own team, and industry partners, and the next 50 with strong financial futures.

At HSM, we pride ourselves on our ability to deliver comprehensive financial solutions, based on the services we provide. Learn more about our services below:

Do you require a specific financial service? Our team can craft financial solutions to meet your goals and specific compliance requirements.

Accounting Services

Accounting and Assurance Services in Markham

Keeping up with today’s fast-paced economy requires solid management and having financial controls in order to keep up with the quickly evolving face of business.

At HSM, our accounting and assurance services are designed to provide you and other decision-makers with transparent financial statements, along with peace of mind knowing that appropriate controls are in place to maintain a stable standing. With this assurance, you can focus on growing your business, and positioning it as an attractive investment opportunity for outside investors.

Comprised of highly-skilled professionals, our team prepares, reviews, and audits financial information with your specific needs in mind. You can trust our Partners to be highly involved in all accounting and assurance engagements, delivering the highest quality of work, and upholding ethical standards and objectivity at all times.

You can also count on our compliance services to go further than the audit or review engagement itself. We provide ongoing support through consultations regarding your day-to-day accounting needs, as well as a thorough analysis of your business throughout the engagement, allowing us to identify and mitigate potential risks, and capitalize on opportunities presented by the market.

With increasing regulations and complexities in the accounting standards brought on by large corporate disasters, we know that you may not have adequate time to keep abreast of all the developments in this industry. We are here to help.

Our commitment to high quality service and innovative financial solutions responds to this challenge – we make sure that our team is continuously updating their knowledge base. Equipped with the latest financial information and best practices, we can help your organization accomplish goals and stay on track towards becoming an industry leader.

The following are some of the services provided by our firm:

Audit engagements
Review engagements
Compilation engagements
Assistance with accounting and control procedures
Assistance with selection and operation of computerized accounting packages
Statutory filings
Bookkeeping assistance
And other assurance engagements.

Consulting and Taxation

U.S. Personal and Corporate Taxation

With the rise of the global economy, we have developed a keen understanding of how business and financial matters permeate international borders. In Canada alone, many individuals and corporations require assistance with basic cross-border tax issues to keep business running smoothly, and in good financial standing. At HSM, we offer the following cross-border tax services working with various professionals:

Basic personal and corporate tax return preparation
Basic tax planning
Basic structuring of operations and transactions.

Business and Profit Development

Staying on top of the market and driving business towards becoming an industry leader requires an extra edge to survive in the economy, and rise above the competition. Backed by the experience of our business advisors, we can help you increase profitability by identifying your competitive advantage, and developing strategies that capitalize on this, so your business can continue to grow in the market.

Our process includes working with you to identify the key elements that drive your business to succeed, so you can improve performance. Together, we will set growth targets, develop and test strategies, and measure progress periodically. The result? A business and investment that grows, and works for you, rather than one you work for.

Our experienced business advisors can offer strategic and practical consultation on all aspects of your day-to-day business management through the following:

Preparation of business plans and financial proposals
Budgeting, cash flow analysis and financial forecasts
Business cycle management
New Business Start-Up Consultations
Develop financial and operational strategies and processes
Consultation on accounting and financial reporting systems
Risk Management Analysis: Financial, information technology and human resource risk management.

Valuation Services

With our affiliates at Valuation Support Partners Ltd. (VSP Ltd.), we provide you with reliable valuation reports that can largely inform various financial aspects of business, personal, or litigation matters. Key to many business dealings and estate planning, valuations require utmost attention to detail and foresight, so you can be confident that your current and future ventures are made possible by sound financial decisions.

At HSM, we provide the following valuation-related services:

Corporate and tax reorganizations
Resolution of estate planning issues
Family succession planning
Loss and damage quantification
Calculation of loss of income and profits
Calculation of financial damages
Identification of future requirement costs
Resolution of family law issues
Net family property calculations
Tax planning for settlement
Preparation for purchase and sale
Valuations for the purchaser or seller
Identification of tax implications on various methods of transaction
Goodwill valuations
Establishment or review of buy or sell provisions in shareholder agreements.

Investigative Services

Whether on a personal or corporate level, the world today has become litigious. Add to that, the increasing pace of economic activity, largely made possible by technological advancements which are causing various organizations to trim down their structure, becoming more flat, and being less reliant on employees. In their place is the rise of small businesses – organizations leveraging technology smartly, and trusting a smaller staff to compete with bigger industry players.

As business grows to be more digital, celebrated advancements, such as remote collaboration and increased efficiency come with challenges, such as security breaches, fraud, negligence, and other challenges, from which disputes arise from.

At HSM and VSP, our team has the necessary expertise to help you deal with personal and business disputes arising from these challenges. Our goal is to help you sort through issues – which starts with carefully gathering of information – and offers clear analyses, reports, and expert opinions to support your case which result in favorable resolutions.

Here are the investigative and dispute resolution services we provide:

Due diligence verifications
Forensic accounting investigations
Litigation support
Business insurance consultation
Damage and loss quantification
Fraud investigation and preventative measures
Risk management consultation
Matrimonial matters
And various other services

Tax Planning and Preparation Services

It’s a known fact that income taxation in Canada is a constantly evolving process; currently, it’s set to grow even more complex as tax laws continue to change, depending on the political policies. From the standpoint of a taxpayer, we know that no one particularly enjoys having to contend with these changing dynamics, and yet, paying income taxes due is inevitable.

Whether you are an individual or a business, we understand that you are always on the lookout for measures you can adopt to reduce tax liabilities. At HSM, we have made it our business to understand these ever-changing tax laws, and help you meet changing requirements. As tax regulations increase and stricter adherence to the anti-avoidance rules by the government grows, we know how much tax planning – whether personal or corporate, and estate or trust – is becoming increasingly paramount.

With proper tax planning, we can help you ensure that you are properly complying with tax laws, without paying more than your fair share of taxes.

Our firm offers individual, trust, estate and corporate clients a broad range of tax services, including:

Preparation of personal, corporate, estate and trust income tax returns
Corporate and personal tax planning
Corporate reorganizations & windups
Estate and succession planning
Advice and assistance in tax disputes
Advice on tax implications of family law matters
Research & Development claims
Payroll and sales taxes
Voluntary Disclosures
And other various tax services.

Financial Forecasts & Projections

As a business owner, we know that your primary goal is to manage and drive your investment and hard work towards profitability. This can only be achieved with adequate foresight, informed by expert forecasting. From simple projections to complex financial modeling, our professionals at HSM work with you to achieve your company’s financial goals, with a strong and steady outlook on the future of the market.

Estate Planning

With proper estate planning, you can facilitate the orderly transfer of your assets to beneficiaries, allowing them to have the necessary financial security they need. In addition, estate planning helps eliminate taxes due from the transfer of assets, which paves the way for business continuity and seamless succession of ownership.

At HSM, we can provide adequate support through the complex process of estate planning and getting your financial affairs in order.

You can trust our team at HSM LLP to craft a holistic, tailored approach to your unique financial needs with services you can count on to improve financial health, and drive your position in today’s market. Get in touch with us to book a service or request a custom solution.

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