We help GTA businesses with Canadian corporate tax and planning, so your savings and wealth last well beyond this year.
Every business keeps its books a little differently. We consult with you and develop a strategy that simplifies your accounting and bookkeeping, explained without the jargon, so your business can grow. We serve businesses anywhere in the GTA, and most of our bookkeeping clients work with us remotely on QuickBooks Online, Xero or Sage.
Corporate income tax is one of the biggest costs a business has. Effective corporate tax planning is essential to reducing business taxes in the long run, for the business owner and for your entire family.
We advise many clients in the GTA. We take the time to understand your business and personal goals, then look for the tax structures that help you reach them. Over the years we have helped clients protect their net wealth and preserve their business equity.
If you are thinking about semi-retirement, preserving capital, selling to a third party, or passing the business to a family member, we can advise on the tax structure that fits.
Succession planning is complex, and the right advice can help you preserve your capital or pass it on with less tax. We have handled many corporate reorganizations and advised on the tax side of family trusts, helping minimize risks for your business and benefit your family and employees long term. For your own estate planning, see Trust & Estate Planning.
We prepare your financial statements for tax filing, then go through the results with you and recommend ways to limit your business's tax liability. Preparing your statements each year gives us a chance to learn how your business is doing and to plan for tax opportunities within CRA rules.
We show you what raising prices or cutting costs would do to your profit. Our software keeps a history of your business results line by line. We prepare financial statements for income tax compliance, for shareholder reporting and, where a lender or investor accepts unaudited statements, for financing. We turn them around quickly and accurately.
The CRA can ask to audit or review your financial records at any time, even when your returns were filed correctly.
A CRA audit is stressful, and we help you through it. We set up meeting times with the CRA that suit you and, with your authorization, speak with the CRA on your behalf about the scope of the audit. We stay with you throughout to keep the disruption to your business and life as small as possible.
Sometimes you want another set of eyes on your business. We can discuss your perspective and offer ours, based on our years of consulting work across the GTA.
As tax advisors, we have helped with many business expansions and reorganizations, and we can suggest ideas for yours. We help you reach your corporate goals sooner and keep more of what you earn. We keep your discussions and advice confidential.
You run the business, and we will handle the corporate tax planning, wherever you are in the Greater Toronto Area.