Business Tax Services

Tax Services for Business

Did you know that 92% of business owners overpay in taxes? The practice of tax minimization is the lawful minimization of tax liability through sound financial planning techniques. This is the process of ensuring all available tax deductions, structural planning, and transactional timing are planned out and executed.

• Business Structure Planning

  Restructuring is a strategic tool that can help you unlock substantial tax savings while optimizing your organization's overall efficiency. Through careful analysis of your current business structure, financial standing, and long-term objectives, we identify opportunities for tax optimization. Whether it involves reorganizing your corporate hierarchy, asset allocation, or debt restructuring, we work to ensure that your business is positioned to benefit from tax incentives, deductions, and credits. Our expertise in tax laws and regulations allows us to create a tailored tax savings strategy that not only reduces your tax liability but also enhances your financial health.

• Incorporation

  Incorporation is not just about establishing a legal entity; it's a strategic move that can unlock significant tax savings opportunities for your business. By choosing the right business structure, we help you optimize your tax position. Our experts analyze your unique financial situation, long-term goals, and industry specifics to tailor a tax savings strategy that minimizes your tax liability while maximizing your financial benefits. With our thorough understanding of tax laws and regulations, we ensure that you're taking advantage of all available deductions, credits, and incentives. 

• Income Tax Planning

  A proactive review of your business's tax position to ensure any current or future income tax issues or concerns are fully understood and any opportunity to mitigate those taxes is executed. This may involve the review of specific transactions prior to their execution to ensure no unexpected tax liabilities exist, discussions and analysis with clients based on their current year results and the expected tax outcome of such results, and review of business structures to ensure that the most tax efficient structure is in place.

• Income Splitting

  Income splitting is a tax planning strategy whereby one taxpayer transfers a portion of their own income to another taxpayer who is taxed at a lower rate. There are various income splitting techniques, and we work closely with our clients to ensure available income splitting opportunities are utilized.

• Asset Protection

  Not only do we ensure that our clients are structured correctly for tax, but we make sure that business assets and personal assets are protected through proper planning and structuring. We offer Corporate reorganization, which is the process of planning for, and executing, the change in a business's corporate structure to generate a number of favourable outcomes, including, but not limited to, a more efficient tax position, to accomplish a transfer of ownership in a tax efficient manager, and to facilitate succession plan transition. Our team of tax experts work proactively to assess corporate structures to determine whether the cost/benefit of implementing such a change will result in more beneficial outcomes.

• Owner Manager Compensation

  As a business owner, you have many different options for being compensated. Not only do you need to determine which method is best for your unique needs, but it is imperative that your compensation plans be assessed for any change in circumstance and updated to address changes in legislation. We will work closely with you to ensure that remuneration is set up to generate the most available after-tax cash in your pocket. On an annual basis we review the compensation plans to ensure we continually take advantage of the best compensation plan available for the business owner’s unique circumstance.