A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or multiple beneficiaries. At Gauvreau & Associates we frequently use trust structures for both tax planning opportunities and estate planning opportunities as well as for a required filing upon the death of an individual taxpayer.
Analysis & Setup
As a part of the tax planning process, at Gauvreau & Associates, our team focuses on utilizing all structures available to ensure our clients minimize their tax exposure.
Bookkeeping involves the process of recording, analysing and interpreting the financial transactions of a business and accounts for a large proportion of the accounting process of any business.
At Gauvreau & Associates, some methods of income tax planning involve the review of specific transactions prior to their execution to ensure no unexpected tax liabilities exist
Estate Tax Filing
At Gauvreau & Associates we assist the executors and their legal representatives with the processing of the final taxes as well as filing the required estate tax returns and filing for clearance certificates, while at the same time provide clarity and direction through the entire process.