Corporate Tax Planning
Corporate tax laws are complex and constantly evolving, and corporate tax planning and other tax planning for businesses are lengthy and complicated processes. Our professional tax consultant will assist you in navigating the law and finding available tax credits and deductions for your unique corporation.
- Year-end tax accounting services such as Compilation Engagement Reports.
- Prepare the annual financial statements for management.
- Tax preparation and filing for corporate income tax return (T2)
- Tax preparation and filing for GST/HST return.
- T5 information tax return filing
- Tax planning (e.g., Salary vs dividend, income splitting, and holding company)
- CRA representation, tax audit support, tax appeals, and dispute resolutions.
- Voluntary Disclosure Program application
- Business back tax filings for late and overdue tax returns
Personal Tax Planning
We provide personal tax planning for simple to complex situations. Our expert accountant examines multiple scenarios using mock income returns to determine the optimal personal income tax for your unique situation. Services is included but not limited to:
- Prepare and file personal income tax return (T1)
- T2125 sole proprietor business reporting for unincorporated business owners
- GST/HST tax return filing and bookkeeping for self-employed individuals
- T776 rental income reporting
- T1135 foreign property and income reporting
- Rental tax return for non-residents
- T2091 principal residence designation
- Schedule 3 capital gains and loss reporting on investments
- T778 child care expense deductions
- High-net-worth individuals' tax planning
- Estate planning
- Review personal income tax notice from the Canada Revenue Agency
- New immigrant's residency status determination and tax optimization