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Tax Services and Planning

Our clients have saved many times the fee in reduced tax liability through careful planning and knowledgeable advice.

TAX SERVICES

We are experts in tax filings and services for corporations and will find the best strategy for you.

Corporate Tax Services

Our services include preparation and review of corporate tax returns (T2), T4 slips and summary returns, and T5 slips.

Unincorporated Business Tax Services

Our services for your sole proprietorship or partnership include preparation and review of personal tax returns (T1), including the Statement of Business or Professional Activities (T2125 or other form as appropriate), T4 slips and summary returns, and T5013 Partnership Information Return (for partnerships).

In addition to the above-mentioned services, we continuously look for ways to minimize taxes throughout the year. We provide our clients with various options to defer the payment of tax, depending on their current personal and corporate cash flow needs. We also ensure that our clients are taking advantage of all applicable Federal and Provincial tax deductions and credits available to them.

Tax Consulting and Corporate Restructuring

We provide advice and guidance to clients (vendors and purchasers) in the due diligence process of a transaction.

Our analysis includes comparing the sale or purchase of a business from both a share and asset deal option. In addition to analyzing the tax implications of both options, we also consider the business risks and personal situations when advising on the best option to structure a transaction.

Tax Planning

GST/HST and PST Return Preparation

We assist clients in preparing and filing their commodity tax (GST/HST and PST) returns based on their filing requirements.

We provide you with the following services:

  • Your tax return will be prepared and reviewed by our tax professionals, who will identify potential areas the CRA may look at more closely.
  • We can file your tax return electronically on your behalf.

TAX PLANNING

Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.

We make it a priority to enhance our knowledge of the current tax law and regulations by attending frequent tax seminars.

We recommend Tax Saving Strategies that help you...

  • Grow and preserve assets by keeping CRA out of your pockets.
  • Defer income so you can keep your money now and pay less taxes later.
  • Reduce taxes on your income so you keep more of what you make.
  • Reduce taxes on your estate so your family keeps more of what you've made.
  • Reduce taxes on your investments so you can grow your wealth faster.
  • Reduce taxes on your retirement distributions so you can retire in style.

Audit Shield

We offer to our clients the Audit Shield Fee Waiver Service (provided by Accountancy Insurance Brokers Limited). Audit Shield is cost effective protection and assistance against costs you may incur should the CRA or other Canadian Government revenue authority conduct an audit, enquiry, investigation or review. Visit our Audit Shield page for more information.

Learn more about our tax preparation and planning services