Personal & Corporate Tax

Doing your own taxes can be incredibly challenging, with constantly changing regulations and intricate details to manage. Why struggle with the stress and complexity when you can rely on our mother-daughter team of CPAs in Toronto? We provide expert, personalized tax services, ensuring every detail is handled accurately. Leave the hard work to us, so you can focus on what matters most to you.

Tax Return Preparation

Our tax return preparation services cover a wide range of filings, including:

• Personal (T1)
• Corporate (T2)
• Trust (T3)
• T4 and T5
• GST/HST and Other Sales Tax Returns

Compensation Planning

Running a business is no easy task, and as a mother-daughter family business, we understand the unique challenges you face. That’s why we’re here to help. We know firsthand the struggles of wearing multiple hats and juggling various responsibilities. Let us take the stress out of tax preparation and compensation planning, so you can focus on what you do best—growing your business and serving your customers. Trust our family to support yours with expert, personalized accounting services. Our unique strategies focus on:

• Salary vs. dividend
• Bonus distribution among owners/partners
• Income splitting with spouse and children
• Monthly income requirements
• Shareholder loans
• RRSP funding

Retirement & Estate Planning

With retirement being an ever growing concern among many Canadians, we can help devise a sound and comfortable retirement strategy so that you know exactly how much you’ll need to retire and live comfortably. Our comprehensive retirement planning process includes:

• Setting a retirement date goal
• Estimating future income requirements
• Analyzing pension splitting and other strategies
• Calculating necessary savings until retirement
• Monitoring the retirement plan progress

Our estate planning process involves:

• Discussing estate structure options
• Identifying beneficiaries
• Creating a plan to maximize assets and minimize taxes/costs

Other Tax Services

We offer a variety of additional tax-related services, including:

• 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

As a mother-daughter CPA firm in Toronto, we are committed to providing personalized, expert tax services to help you navigate complex financial landscapes with confidence.