Business Details
41 Years
experience
Expert Tax Preparation & Business Consulting in Barrie, ON
Lloyds Management Services (LMS) is a team of tax professionals and business services specialists serving the Barrie area with over 35 years of combined experience. Founded in 1985, our expertise stems from deep industry knowledge, including former Canada Revenue Agency (CRA) experience, enabling us to navigate complex tax systems with precision. We collaborate with law firms, financial planners, and IT specialists to provide comprehensive solutions tailored to individual and corporate clients. Our services include corporate tax preparation, personal tax filing, and business consulting, ensuring compliance while optimizing financial outcomes. We prioritize transparency, offering year-round support to address tax inquiries without additional billing.Our proven track record in resolving CRA audits and appeals demonstrates our commitment to accuracy and client advocacy. By combining technical expertise with personalized service, we help businesses gain legitimacy with creditors and investors through reliable financial reporting. Our approach emphasizes proactive problem-solving, future-proofing businesses with actionable insights derived from meticulous analysis. We serve entrepreneurs, corporations, and individuals seeking dependable tax guidance beyond seasonal services. With a focus on education and clarity, we empower clients to maximize tax benefits while minimizing risks through strategic planning and expert representation.
Services
Corporate Tax Preparation
Personal Tax Filing
Business Consulting
Tax Audit Representation
Financial Reporting
Details
- Year established: 1985
Highlights and features
- We offer 35+ years of tax expertise including former Canada Revenue Agency experience.
- Our team provides year-round tax support with no additional billing for consultations.
- We specialize in resolving CRA audits and appeals with proven advocacy skills.
- Our services combine accounting, legal, and IT expertise for comprehensive solutions.
- We future-proof businesses through actionable financial insights and strategic planning.
What people say
Excellent services
Pleasure to deal with
Service second to none
Honest and dependable
Accurate and respectful
Services
Corporate Tax Preparation
Our corporate tax services ensure accurate financial reporting and CRA compliance for businesses of all sizes. We prepare tax returns, handle HST and payroll filings, and resolve audit issues while identifying opportunities for tax optimization. Our expertise reduces audit risks through meticulous bookkeeping and third-party verification.
Personal Tax Filing
We specialize in personal income tax preparation with strategic planning to maximize refunds and minimize liabilities. Our services include rental property tax reporting, wealth management, and CRA audit representation, ensuring compliance while optimizing individual tax positions through expert analysis.
Business Consulting
Our consulting services evaluate business valuations, growth strategies, and operational improvements. We provide market position analysis, cash flow management, and restructuring advice to enhance profitability while offering honest feedback to guide critical business decisions for owners.
Tax Audit Representation
We act as advocates during CRA audits and appeals, resolving compliance issues through experienced negotiation. Our team corrects reporting errors, addresses WSIB disputes, and ensures accurate tax positions while protecting client interests throughout the audit process.
Financial Reporting
We deliver comprehensive financial statements and bookkeeping solutions that enhance business credibility with investors and creditors. Our services include profit/loss analysis, balance sheet preparation, and reporting error correction to ensure accurate financial visibility for strategic decision-making.
People
Allen Lloyd
Professional Tax Preparer & Consultant
Allen Lloyd, a former Canada Revenue Agency Outreach Coordinator, has over 35 years of tax consulting experience. He holds a Masters in Economics from the University of Waterloo and specializes in corporate/personal tax strategy, audit resolution, and business valuation.
Questions
What tax services do you offer for businesses?
We provide corporate tax returns, financial statements, HST filings, payroll processing, audit representation, and strategic tax planning to ensure CRA compliance and optimize business financial health.
How do you handle CRA audits or disputes?
Our team acts as your advocate during CRA audits, resolving issues through experienced negotiation while correcting reporting errors and ensuring accurate tax positions to protect your business interests.
Are you available outside of tax season?
Yes, we offer year-round tax support with no additional billing for consultations, providing ongoing guidance for businesses and individuals throughout the year.
What makes LMS different from seasonal tax services?
Unlike seasonal providers, we offer continuous support with experienced professionals who combine former CRA expertise, accounting skills, and business consulting to deliver comprehensive solutions.
Do you assist with business valuations?
Yes, our consulting services include business valuations using multiple methods to determine market position, profitability, and growth potential for strategic decision-making.
Reviews (4)
Rick A.
Apr 01, 2021
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Positive:Professionalism,Quality,Responsiveness,Value
My wife and I have had LMS do our tax returns for the last few years. Their services are just excellent and everyone is a pleasure to deal with. We would highly recommend LMS
My wife and I have had LMS do our tax returns for the last few years. Their services are just excellent and everyone is a pleasure to deal with. We would highly recommend LMS
Pat O'Brien
Mar 05, 2020
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1. He is Honest. 2. He has years of experience with Canada Revenue. 3. He is Kind and deals with you Respectfully. 4. He is Dependable & Accurate. 4 I have dealt with him for many years - No Regrets.
Matthew Walichnowsky
Nov 14, 2017
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Llyod and his staff did a great job in getting me all caught up with my taxes. I will be using them more often for billing too.
Ryan Tomlinson
Jun 11, 2013
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I have had a great experience working with Allen and his staff. They are a bunch of fun and friendly people and the experience Allen has is very comforting when dealing with tax planning and consulting.
