Tax Planning Services Toronto

If you are thinking about starting a business in Canada or you are already running a business in Canada, there is one question that needs to be answered. What are the tax implications? 

As a tax professional, I am always asked this question. The answer is complicated, but if you are in the business of planning, you know that this is a common question. The good news is that we can help.

We will work with you to develop an individualized tax plan that will maximize your tax savings.

If you are planning to retire, we can help you to minimize your taxes and maximize your retirement income. We can help you maximize your savings, minimize your tax bill, and plan for the future.

What is Tax Planning?

In general, tax planning is the process of deciding what you want to do with your money, how you will do it and what you will do with the money once it is available.

Individual and Family Tax Planning

We will work with you to develop an individualized tax plan that will maximize your tax savings.

We can help you to maximize your savings, minimize your tax bill, and plan for the future.

The tax savings that can be achieved by individuals and families can be substantial. We will work with you to develop an individualized tax plan that will maximize your tax savings.

You may have a variety of objectives for your retirement income, such as maximizing your income in retirement, or reducing your tax bill in retirement.

We can help you to maximize your savings, minimize your tax bill, and plan for the future.

Tax Planning for Individuals and Families

We will work with you to develop an individualized tax plan that will maximize your tax savings.

You may have a variety of objectives for your retirement income, such as maximizing your income in retirement, or reducing your tax bill in retirement.

What is a Tax?

A tax is a financial charge levied by the government on an individual or business to fund a public purpose. The Canadian government collects income taxes from individuals and corporations, property taxes, and other levies on businesses. The purpose of the tax is to raise money for the government to provide goods and services to the public.

Who Collects Taxes?

The federal government collects taxes and the provincial governments collect taxes. The provincial governments also collect taxes for municipalities and school boards.

Who is Responsible for Paying Taxes?

The federal government collects taxes and pays them to the provincial governments. The provincial governments then pay them to the municipal governments and school boards.

Who is Responsible for Tax Returns?

The individual is responsible for filing a tax return with the government if he or she has an income tax liability. If you do not have an income tax liability, you are not required to file a tax return. The business is responsible for filing a tax return if it has a liability for income taxes. If you do not have an income tax liability, you are not required to file a tax return.