Just like so many of the businesses we serve, we are an owner-managed firm with a focus on building additional value for our clients through our personal tax services.
With our commitment to continuing education, our active role with our industries leading organizations, and our decades of experience, we are always current and certified on the latest personal tax laws.
With our team you can rest assured that you are never paying unnecessary taxes, while still maximizing your personal deduction entitlements.
Our Personal Tax Services
Our personal tax services are applicable for sole proprietorships, partnerships, rental income, and investment income, and can be broken down into the following service categories:
Significant Transactions & Life Events
Come talk with us prior to entering into significant transactions to determine the tax consequences before you sign any deals. Examples include, but are not limited to, purchasing a significant amount of shares in a private or public company, buying or selling a property, choosing to rent out your principal residence when moving to another province, and so on.
We will prepare tax estimates and explore options on your behalf so as to minimize your tax obligations associated with significant transactions, while maximizing your tax benefits.
And don’t forget about critical life events such as the birth of a child or death of a loved one. There could be tax implications that you should be aware of such as tax credits.
Deductions, Credits, and Government Grants
Deductions, credits, and government grants is an area that is without question one of the most overlooked areas of personal taxes. The tax opportunities available to the average person are vast, but poorly leveraged. We can help you get everything you qualify for.
Examples include items such as security options deductions, clergy deductions, child fitness and arts credits, caregiver credits, disability amounts, RESP grants, disability savings plan grants, medical expense supplement, and more. The list is long and takes an experienced expert that keeps up-to-date on current tax opportunities to get you what you qualify for.
Don’t just assume that you’re getting the deductions, credits, and grants that you qualify for, get an expert. Talk with us about your specific situation to help us discover what might be available for you.
Filing Year-of-Death Returns
Filing year-of-death returns generally means that the executor is likely going through a very emotional time. We are sensitive to this and can help ease the burden of your legal taxation obligations.
Typically there are potentially three tax returns in a year of death: 1) Rights and Things, 2) Final Return, and 3) Testamentary Trust return.
In addition, if an individual had a corporation, particularly trusts or other interests, then there may be even more returns to consider. If some degree of planning has been done prior to the event then we work with the advisor to complete and submit all required filings accordingly. If pre-planning is not in place, then we can advise you on your taxation obligations.
We have the expertise and experience to work with the executor(s) of an estate to file the required returns with accuracy and expedience.
If you have left behind a rental property when you left Canada, or if you have not lived in Canada but still own a revenue-generating property within Canada, then we can do your annual tax filings.
At times, individuals may need assistance determining their residency for tax purposes or filing tax returns in other countries thereby requiring consultation with an international tax legal expert. Once the residency matter is addressed, we will prepare departure or entrance returns as required. This is a critical tax obligation that should be outsourced to experts like us.
We do not specialize in international tax and prepare only Canadian tax returns. However, as required we do coordinate reporting with tax professionals in the country of residence. We work collaboratively with the professional you connect us with, or in some cases, we can even find you a trusted international advisor.
We are currently taking on a limited number of new clients.
If you’re ready to get your business up to legal standards on the accounting and tax services front, or if you’re taking the next big step into property ownership, then we’re likely a great match for you.
Get started today!