Meet Joe Truscott

JoesphTruscottSML2Joe Truscott is both a Chartered Professional Accountant and a Chartered Accountant. He is the sole practitioner in the firm of Joseph A. Truscott a Professional Corporation.  Joe has worked in public practice throughout his entire career.  He previously was in partnership in the firm of Levy, Feldman, Truscott & Co. Chartered Accountants.  He left the partnership in 1996 to become a sole practitioner and to build a firm that reflected his personal vision and goal to provide the highest level of personal service to clients who require a broad range of services – big firm advise at a price you can afford.

Joe is a board member of both the Hamilton and Niagara Canada Revenue Agency Tax Consultation Steering Committees, a member of the Canadian Tax Foundation, the Society for Trust and Estate Practitioners and on various other tax advisory boards and organizations.

Joe earned both a Marketing & Accounting diploma from Mohawk College, his Bachelor of Business Management Degree (B.B.A.) from Ryerson University and his Certified Management Accountant designation (C.M.A.) from the Society of Management Accountants. Joe obtained his Chartered Accountants designation with The Institute of Chartered Accountants of Ontario and most recently, his Trust & Estate Planners Designation from the Society of Trust & Estate Practitioners.

During his early years of practice, Joe was involved in various aspects of setting and marking national examinations in the areas of income tax, accounting and auditing for The Institute of Chartered Accountants of Ontario, The Society of Management Accountants, The Ontario School of Accountancy, York University and other educational institutes.

Joe has previously worked closely with The Institute of Chartered Accountants in the capacity of Practice Inspector auditing CA firms’ adherence to the Institute’s professional standards, and as Practice Investigator, probing charges of professional misconduct against Chartered Accountants.  Joe continues his close ties to The Institutes of Chartered Accountants as a member of the Applications Committee.

Joe has lectured in a variety of areas of Income Tax, Financial and Cost Accounting for Mohawk College, The Institute of Chartered Accountants, The Society of Management Accountants and The Certified General Accountants of Ontario.

In 2008, Joe was honoured by Mohawk College as one of their elite top 40.

Additionally, Joe is involved in giving back to his community.

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As a previous student of Prince of Wales Elementary School, Joe mentors grades 7 & 8 students and provides scholarship opportunities to top graduating students.

Joe is a consummate learner and on a monthly basis continues to attend many courses and seminars to obtain the latest and most creative business and income tax planning strategies to share with his clients.  Joe’s role is to know taxation inside-out so his clients don’t have to.

Joe is currently enrolled in The Institute of Chartered Accounts In Depth Income Tax program that will lead to his status of an Income Tax Expert.

Joe firmly believes in keeping up to date in order to best advise his clients.  With that in mind, he is a member of several groups, including but not limited to the following:

  • Revenue Canada Hamilton & District Tax Consultation Committee
  • Canadian Tax Foundation
  • Society for Trust an Estate Planners
  • Aird & Berlis Tax Seminar Group
  • Cadesky & Associates Tax Seminar Group
  • Hamilton Chartered Accountants Discussion Group
  • Oakville Chartered Accountants Discussion Group
  • National Association of Small Business Accountants
  • Association of Independent Consultants
  • American Institute of Certified Public Accountants
  • Society of Management Accountants of Canada
  • Society of Management Accountants of Ontario
  • Association for Accounting Marketing
  • 2020 Canada Inc.
  • Canadian Professional Sales Association
  • Canadian Payroll Association
  • E-FILE Association of Canada
  • The American Institute of Professional Bookkeepers

Over the years, Joe has contributed a great deal of his time to serve on a number of committees including the following:

  • Co-chair on Hamilton Tax Practitioners’ Group Steering Committee
  • Hamilton & District Tax Practitioners’ Group Steering Committee
  • Mohawk College Business Advisory Committee
  • Institute of Chartered Accountants of Ontario Applications Committee
  • Member of Public Accounting Practice Review Committee for Certified Management Accountants Organization

Joe offers an initial Free Consultation to discuss how his firm can become a valuable resource to the success of your business.