Tax Planning and Tax Compliance

Tax Planning

  • Everyone wants to pay less tax, and so do we. The way to achieve this is through careful tax planning. Tax planning involves thinking ahead to create a strategy that helps minimize the amount of taxes you pay.

  • Tax legislation and tax rates are constantly changing. Ensuring you comply with your personal and corporate tax requirements is essential, especially as CRA now has heavy penalties for late filing.

 Here is what can help you with...

  • Personal Tax
  • Advice on tax and your employment status
  • Preparation of your self-employment tax returns
  • Advice on the tax for overseas properties, assets and residences
  • Ensureing that your will is drawn up to maximize tax efficiency
  • The tax issues with probate for executors and acting as professional trustees or executors
  • Personal Tax investigations
  • Corporate Tax
  • Tax planning advice for companies of all sizes
  • Partnership and unincorporated business tax planning
  • HST/GST and other indirect taxes
  • Capital gains tax advice to maximize exemptions and reliefs
  • Capital allowances and property tax
  • Accessing research and development tax credits
  • The tax implications of employee share stock option
  • Tax and HST/GST investigations and reviews

Personal tax
 
  • Advice on personal income tax and your employment status
  • Preparation of your tax return
  • Advice on the tax for overseas properties, assets and residences
  • The tax issues with probate for executors and act as professional trustees or executors
 
Corporate Tax

  • Corporation tax returns for companies of all sizes
  • Unincorporated business tax returns
  • Advice on employee taxation, for both employers and employees
  • Help with HST/GST and other indirect taxes
  • Capital gains tax advice to maximize exemptions and reliefs
  • The tax implications of share stock options
  • Tax and HST/GST investigations and reviews

 

Tax Investigations

  • Tax investigations are on the increase as CRA looks to tax to reduce the Government budget deficit. Tax investigations can be disruptive, intrusive and expensive, often lasting for many months, and sometimes years. Anyone who completes a tax return can be selected at random for a tax investigation. Win or lose, you will always have to pay the cost of fighting the tax man.