Our taxation services are designed to work with small business owners and their families to maximize shareholder wealth while staying compliantn with the constantly evolving Canadian tax system.
Tax Planning
& Compliance
Our taxation services are designed to work with small business owners and their families to maximize shareholder wealth while staying compliant with the constantly evolving Canadian tax system.
Personal Tax Preparation
It is essential to coordinate corporate and personal tax planning for entrepreneurs so we can achieve optimal results. We can review elements such as compensation options, investment structuring and RRSP planning to decrease tax liabilities and ensure there are no surprises during tax season.
Corporate Tax Preparation
Let's look beyond the routine preparation and filing of your tax returns and ensure your optimizing your deductions and complying with the ever changing income tax rules and legislation. We will guide you through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to reach your financial goals. It is essential that we coordinate corporate and individual tax planning to achieve optimal results.
-
In depth tax advice related to corporate tax planning strategies
-
Income splitting with family members while being compliant with new rules
-
Shareholder remuneration strategies with dividend vs salary decisions
-
Employee vs contractor status for consultants
-
Tax efficient business set up options including incorporation vs. sole proprietorship
-
Preparation and support of responses to CRA tax audit requests
Personal Tax Preparation
Personal tax services are available for individuals, consultants, sole proprietors and entrepreneurs of small and medium sized corporations. We can review elements such as compensation options, investment structuring and RRSP planning to decrease tax liabilities and ensure there are no surprises during tax season.
No matter how simple or complex your tax situation is,
we are here to assist.
-
Employment Income
-
Self-employed income
-
Investment and rental income
-
Capital gains - real state, rental property, stocks and bonds
-
Retirement and pension income splitting
Tax Returns That Have Not Been Filed on Time
Are you late filing a tax return? Have you missed a few years and want to get caught up?
We can help you prepare and file prior year tax returns. If you have challenges with lost records, we can help you through the process. It’s easier than you may think. Sometimes all the worry you’ve built up during the time that you haven’t filed can be bigger in your mind than it is if you just get help now to get it done. Take the first step and call us.
When your return is late, there are two penalties: failure to pay and failure to file. These penalties only get larger the more time you wait. The best option is to get professional help to work out a payment plan with the Canada Revenue Agency.
