Corporate & Personal Tax
Consider this- during your lifetime you will probably spend more on taxes than on any other single item. Receiving sound tax advice is more important than ever in an environment of constantly changing tax legislation. We take a comprehensive approach to tax planning, focusing on tax minimization and deferral to ensure you keep every dollar earned possible within the relevant tax framework.
Tax Return Preparation
Tax return preparation services include (but are not limited to) the following types of filings:
- Personal (T1)
- Corporate (T2)
- Trust (T3)
- T4 and T5
- GST/HST and Other Sales Tax Returns
For clients with US & international tax filing needs, we are pleased to coordinate with our network of foreign tax preparers to ensure all your filing requirements are met.
Compensation Planning
A primary concern of many business owners is determining the most tax-effective methods to receive compensation. We will gladly discuss the various strategies available and create a plan for achieving your compensation objectives by considering such factors:
- Salary vs. dividend
- Bonus distribution among owners/partners
- Income splitting with spouse and children
- Monthly income requirements
- Shareholder loans
- RRSP funding
Retirement & Estate Planning
Like many Canadians, you may ask yourself when it will be possible to retire, how much will be required to live comfortably and how to plan for the financial well-being of your spouse and family if you predecease them. In combination with a sound investment strategy, retirement and estate planning is key to addressing such considerations.
Our process for retirement planning includes:
- Setting a retirement date goal
- Estimating future income requirements
- Analyzing pension splitting and other strategies
- Calculating savings needed until retirement
- Monitoring the retirement plan progress
Our process for estate planning includes:
- Discussing estate structure options in the event of death
- Identifying your beneficiaries
- Creating a plan to maximize assets and minimize taxes/costs
Other Tax Services
There are a variety of other tax-related services which we are pleased to offer clients, addressing (but not limited to) the following areas:
- Business startups
- Principal residence status
- Capital gains planning
- Tax effects of buying/selling a business
- Personal and corporate tax assessments, audits and appeals
- Voluntary disclosures
- Investing in rental properties
Get In Touch:
Client Testimonials:
"Daniel has been absolutely incredible taking care of my tax needs every step of the way. His care and attention to detail are unlike anything I’ve experienced before. I can not say enough good things about my experience working with him. He truly went above and beyond what I ever expected. Highly recommend!"
-Chris S.
“Daniel is absolutely willing to go above and beyond for you. He's detail oriented, thorough, compassionate and genuine with the services he offers. I literally could not imagine a more positive experience than I've had with Daniel as my accountant. I assure you, you won't be disappointed.”
-Ken S.
"Daniel was able to quickly sort through the tangle of documents from various sources and pinpointed the source of the problem within minutes. With his keen eye for all of the fine details in this complicated scenario, he reached out to all of the parties involved, and settled the manner of our missing rebate, quickly and in an amicable fashion."
-Eric M.
"Daniel helped me with both personal and small business tax returns for the last couple of years. He is professional and methodical in his communication to the client and his work. What I most liked about him, is that he is not only using the latest technologies for his work (email, online drives), but also understands the various income streams that one might have."
-Oliver V.
"Daniel has been extremely helpful for me in setting up my own business. His guidance has been exceptional and he is always very fast to get back to me. Daniel comes very prepared for meetings and calls and he makes a huge effort to understand my situation and he explains everything in a clear and understandable way."
-Philip O.
"Daniel understood my concerns, gave me feedback, explained the steps I have to follow. Daniel is an excellent listener and very prompt with the email correspondence. Needless to say that my taxes were handled in the best possible manner and I couldn't have been happier with his work."
-Corina C.
“Daniel has provided us with excellent advice from day one of launching our business. He takes the time to understand our objectives and provides constructive feedback for current and future consideration. I would highly recommend him to others requiring sound, professional advice.”
-Elie A.
"Usually, when you search for accounting services you want someone who is technically very competent, up-to-date, fast, professional organized and responsive. My experience with Daniel has included all of the above and more. In addition to the above competencies, he displays strong interpersonal skills, including a listening to understand and empathy. "
-Roger B.
“We switched to Daniel last year after a terrible experience with a different accountant. Daniel has been wonderful to work with - very responsive, answers our many questions with patience and expertise, and gets everything done on time. I would recommend Daniel, without hesitation, to anyone that is looking for a knowledgeable and dependable accountant.”
-Diane P.