BUDGETING AND FORECASTING SERVICES Accounting Firm

Watterson Financial provides a range of services, from assisting with monthly bookkeeping to payroll processing and personal taxes, to corporate taxes as well as audit representation.  If you are looking for an all-in-one firm, contact Watterson Financial Solutions Inc.

Watterson Financial Solutions Inc. provides full package services from bookkeeping to filing your corporate taxes, tax planning, payroll services, GST/HST services.  Watterson Financial offers assistance with audit reviews and CRA issues and CRA compliance. Watterson Financial Solution Inc. provides individual Financial packages for your business so that you can focus on building your business and we can take care of your numbers. To learn more about our services, book a free consultation with our qualified accountant.

Many clients panic when they see the brown envelope from CRA. CRA randomly audits corporations and individuals, and there is no way to know when your turn will come up.  For this reason, we recommend that you are always prepared, as an audit can cost thousands of hours of lost time and thousands of dollars in lost tax credits if you are not prepared. Our expert knowledge in all areas of tax preparation helps to communicate and deal with CRA on your behalf. It is our goal at Watterson Financial Solutions Inc. to insure that you receive Advice with Clarity and Understanding.

Watterson Financial has extensive experience with many different industries and ALL types of businesses. Not all business types are handled the same way from an accounting and tax standpoint, and having a firm with experience in your area of business is very essential. For example, no matter whether you are a Service provider firm, manufacturer or a wholesaler/retailer or a branded home base business or franchise, your Financial Services firm should be knowledgeable about how to record revenues and the specifics around your business.

Our qualified team of professionals work in various types of industries and businesses.  Robert Watterson, President and CEO has 30+ years of experience in dealing with a variety of owner managed businesses. Watterson Financial Solutions Inc. has experience with various tax scenarios  and accounting issues surrounding multiple types of owner-managed businesses.

The standard method of billing in professional services has traditionally had an emphasis on providing services in exchange for an hourly rate. Watterson Financial Solutions In. has come to the realization that this method is an archaic method of pricing. It is also a conflict of interest because what it means is(as an industry) we are directly rewarded for how inefficient we are. The longer we take to do the job the more we get. Hourly billing does not promote an emphasis on customer service or an incentive to complete the job quickly.

The biggest issue with hourly billing you have no idea how much  the job will b until the bill is received. We don't think that is fair to you. As a courtesy to you, we think you deserve to know in advance how much the job will cost and what it entails. As a modern and progressive firm, we have moved all of our engagements to a fixed price agreement model. What this means for you?

- You will always know how much you will pay for services in advance and will always have the opportunity to discuss the agreement before we get started on any work. If new work is required outside of the scope of our existing agreement, we will issue a writen proosal for you to accept(discuss) before we commence new services..

-It places the risk on us, the practice.

-It opens lines of communication. You don't have to be afraid to contact us with questions and be worried about receiving a bill for our time and your questions.

Do you assist in Estate Planning?

With decades of exp., in the insurance, wealth and taxation industry, WFSI can assist in preparation of an estate, as well as, show you how to pay estate taxes for pennies on the dollar. Additionally, we specialize in assisting, the executer, in working with, the probate process and final taxes. Lack of assistance in those areas is a common error and can cost thousands of dollars to be paid to the Govt. of Canada instead of your beneficiary. 

When should I start planning my Estate?

Estate planning starts the same day you start your first job, failing to take your retirement, is a very common error that can cause, your estate to go to  govt. agencies and not your next to kin. WFSI, helps you in your estate planning and assist you in making sure your money goes to where you want it to.

How can WFSI helps you out in Litigation support?

We are able to assist you with obtaining low cost small claims services as well as litigation through a law firm. We can also assist you in calculating the loss (the real loss) and prepare documentation required by the courts.

How can we help in Real-Estate and Mortgage?

We can assist you in several ways: Understanding your financial position, assisting you in correcting your credit crisis, obtain private lending or second mortgages through our system of mortgage broker and lender.