Tax Services Page
Our tax services are designed to ensure that your company prepares and maintains timely and accurate tax records and reports. We are experienced in handling corporate and personal tax returns and offer affordable consulting services to help you manage your business. We also provide accounting and business services. Our tax services include
Corporate Tax Services
By identify opportunities for our clients to arrange their affairs in the most tax efficient manner, we offer various corporate tax services, namely
- Preparation of the T2 and CT23 corporate tax returns
- Preparation, processing and remittance of GST (Goods and Services Tax)/PST (Provincial Sales Tax)
- Corporate tax installments and development of a cost-effective process for managing your sales tax reporting and compliance obligations
- Sales tax remittance instructions and forms for registered operators/vendors, individuals and non-registered businesses
- PD7A, WSIB, EHT
- Utilization of innovative tax strategies and changes in tax legislation to minimize your tax liabilities
- Completion of CCRA required GIFI (General Index of Financial Information) schedules for corporation income tax returns
Personal Tax Services
There are numerous exemptions and credits you may be eligible for that may apply to you personally or to your business. We will assist you with your
- Personal Tax Returns
- Personal Income Tax Planning
- Professional review to minimize your tax liability and ensure the maximum refund possible
- Negotiation and settlement of tax disputes
Tax Planning Services
Different business entities have different accounting needs, and these needs change at varying stages of a business. Without strategic financial planning to manage the business's financial wealth, tax liabilities may become an issue. Our servcies are designed to
- Compare alternative investments on an after-tax basis and derive cash-flow projections
- Develop tax strategies that take advantage of new tax laws and legislation.
- Defer tax and improve tax accounting and other methods of structuring business affairs to gain the best possible tax advantages
- Assist in corporate reorganization, whether for corporate tax planning, creditor-proofing or other organizational purposes
Tax Audits and Appeals
We have represented our clients in dealings with the Canada Revenue Agency on various tax matters, such as tax audits and appeals. We will help you overcome uncomfortable tax concerns and let you focus on your business by
- Completing the necessary steps to ensure tax calculations are correct
- Representing you in litigation situations and assisting with the development of the appropriate appeal and litigation strategy
- Minimizing your liabilities and effectively negotiating a settlement
Tax Credits T661
The Canadian government gives away well over $1.5 billion each year to companies (and other taxpayers, too) who do research and development work - which, by definition, means technology companies. This is called the Scientific Research and Experimental Development Program or SRED for short. We can help your company receive a refundable investment tax credit (ITC) of 35% of qualifying expenditures, to a maximum of $2 million of expenditures