Tax Consultancy
With our consultancy, you can take the most effective route on your personal and corporate financial affairs to achieve the maximum tax savings.
The goal and focus of our consultancy is to help you to find the most effective tax minimization strategy responsive to your specific needs.
- Are you a sole-proprietor considering to incorporate your business but not sure if you should? Consult us to make a sound decision before taking any step.
- Are you a shareholder unsure of how to pay yourself whether salary, dividend, or bonus? We will analyze your situation to determine the most tax-efficient alternative given your circumstances.
- Are you an individual who wants to maximize tax savings by RRSP and TFSA contributions and confused which one is the right option for you? We will provide you with the knowledge and advice necessary to decide which one to chose, or how to allocate your funds between the two plans for the optimum tax savings.
- Are you in trouble with the Canada Revenue Agency? Our extensive experience with the tax authorities will ensure that you will get the best advice on your most troubled problems with CRA.
- Have you converted your principal residence to a rental property or vice versa? There are tax consequences of the conversions. You may be eligible to make elections to save taxes on the conversions. Get the most tax benefits by learning from us!
- Are you not sure whether you are an employee or a contractor? Employees and contractors are subject to different tax calculations. Accuracy of your returns depends on the accurate identification of your status.
- Are you a corporate owner and wondering when is the best time to purchase or dispose your company capital assets to get the maximum tax savings?
- Do you have investment income and not sure how to report capital gains or business income? The tax consequences are different for each type of income.
- Do you have problems with your shareholder loans account? Have your shareholders' loan account fixed by getting our help!
- Should you claim the Capital Cost Allowance (CCA) on the assets as a deduction on your business return? Let us review your business financial information first for the most-effective tax-saving options. Depending on the financials, you may be better off not claiming at all or claiming only partially.
- Have your corporation sold capital assets resulting in capital gains? Then, you may have capital dividends account balance piled up that you may not aware of. Talk to us to find out it. Dividends paid to a shareholder from Capital Dividend Account are tax free, that means you will not pay any taxes on them on your personal income tax return.
Above is not an exhaustive list and represents only some common subjects our clients usually require the services.
Take immediate action to take charge of your taxes!
Contact us today to schedule a free, no-obligation and confidential consultation to find answers to your most demanding tax questions.
Take advantage of our free, no-obligation consultancy session and improve your financial life by learning the complexities of your tax matters and the solutions from a professional!
