Corporate Tax
We are living in a tax era. Most of us agree to assume our fair share of the tax burden, but none of us can afford to pay more than is legally required. Effective corporate tax planning to minimize total taxes paid and GST/HST, Payroll & WSIB compliance are the cornerstone of our relationship with every client. All the business events world likely carries some tax implications. We will be on your side there to guide you through the complex corporate tax & accounting system and help you prepare your corporate tax return to make sure you pay the least amount of tax possible.
When filing corporate taxes, we help you by;
Tax Planning:
- Fiscal year-end selection & During-year review for effective year-end tax planning.
- Corporate reorganizations to minimize taxes & Family trusts.
- Owner’s Remuneration - Dividends vs. salaries.
- Preserving small business deduction.
- Income splitting strategies.
- Cross-border tax issues.
Tax Evaluation of Effectiveness of Current Structure / Possibilities:
- Tax minimization & deferral.
- Keeping comprehensive records to avoid audits.
- Identifying available credits e.g. Federal SR & ED for innovation.
- Maximizing deductions such as specialized equipment.
- Multiplication of Capital Gains Exemption.
- Holding companies.
Corporate Accounting Services include:
- Preparation of financial statements.
- Monthly preparation and interpretation of financial statements for timely management decisions.
- Notice to Reader comments on financial statements.
- Controllership on an "as needed" basis for the owner-managed business.
- Accounting software selection, training, installation, and ongoing assistance.
PayrollServices include:
- Fast and easy service no matter one employee or one hundred we provide
- Stay compliant with important legislative and employee matters
- Customization to your business needs
- We’ll set you up and balance your first payroll
- Payroll Direct Deposit to staff bank accounts or write an old fashioned cheque at your option
- Prepare T4 and ROE at no extra charge
