Corporate Tax Checkups

From time to time, it is beneficial to take a “fresh” look at or review the corporate income tax structure that is presently being used to determine whether every available income tax planning opportunity has been considered and executed.

This review is recommended every 3 to 5 years as circumstances and income tax laws change quickly.   Resulting opportunities with these changes may yield new tax planning savings.

When we approach this type of review, we:

  • meet with the owner(s) of the corporation to review the owner’s overall structure, the current and projected year’s financial statements and income tax returns
  • prepare a short report summarizing our tax planning ideas and the potential income tax savings and costs to implement
  • create a detailed implementation strategy and outline our tax planning ideas in greater detail
  • monitor the structure for potential opportunities created by changes in income tax laws or other circumstances

For further information regarding our services we recommend you review our Additional Services, the Tax Planning Brochure, or browse through the many articles that Joe has written in the Resource Library.

Call us today at 905-528-0234 to schedule a free, no obligation consultation with Joe.