Tax Compliance

We live in a time of ever-changing tax laws and increasing scrutiny by the taxation authorities. Stephanie can help you to comply with your required tax obligations and avoid penalties and errors that can adversely affect you and your business.

Stephanie can assist you with preparation of the following:

  • Income tax returns and information returns for:
    • Individuals
    • Corporations
    • Trusts
    • Estates (deceased taxpayers)
    • Partnerships
    • Charitable organizations
    • Not-for-Profit organizations
  • GST / HST returns and rebate forms
  • Tax slip (T4, T5) reporting
  • Tax Election forms
  • Assistance with tax audits and requests for information from the Canada Revenue Agency and preparing voluntary disclosures to comply with tax obligations

Tax & Estate Planning

Tax often represents a significant expenditure for you and your business. Stephanie can help you to take advantage of legitimate strategies to minimize and defer taxes. She can also advise on ways to minimize taxes and administration fees to your estate, to maximize the value of your wealth to be passed on to your beneficiaries.

The following are the primary tax and estate planning services that Stephanie offers:

Tax Planning

  • Remuneration strategies and dividend planning
  • Advice and recommendations with respect to the establishment of family trusts
  • Asset protection strategies
  • Income-splitting opportunities with family members
  • Business restructurings and reorganizations
    • Deciding when to incorporate
    • Purchase of a business – how to structure and other implications
    • Sale of a business and related steps to prepare the business for sale
    • Transfers of assets
    • Amalgamations and wind-ups to simplify the corporate structure

Estate Planning

  • Review of your Will to ensure that your estate is structured tax-efficiently
  • Calculation of estimated tax liability on death and recommendations on how to fund the liability
  • Advice and recommendations with respect to the establishment of trusts to achieve various objectives
  • Estate freeze to cap the income tax liability on certain assets
  • Post-mortem planning to deal with taxation issues after the death of a taxpayer

Stephanie will work closely with your lawyer and other financial professionals to achieve your estate planning objectives.

Accounting

Maintaining accurate financial records is important for the success of any organization. Stephanie can assist you with the following accounting services:

Bookkeeping

Business start-up

  • Selection of accounting software
  • Set up of chart of accounts and accounting system
  • Ongoing consulting support

Estate accounting for passing of accounts