A common question when starting a small business is whether to incorporate or not. We here at CANATAX will support you in this decision. This also includes all services related to your small business bookkeeping, accounting, tax and financial planning needs. We make our services available in an affordable package to support your small business. These packages include year around services.

For existing established small and medium businesses, we further advise on strategies to minimize potential tax burdens, business restructuring (introducing Holding Companies) and evaluate probable tax implications of future deals. Our one-to -one personalized approached with business owners make us the sought-after advisory partner with the mission being helping them achieve theirs.

We advise and support on:

• Corporate tax Filing: Including GST/HST filing
• Corporate tax planning: including advice on whether to receive a dividend, salary or a loan
• Running full cycle payroll with statutory deductions
• Consultation regarding conversion Self-employed business into a corporation: Section 85 rollover
• Advice regarding dividends declaration: Capital Dividend Account (CDA) Credit, General Rate Income Pool (GRIP), Low-Rate Income Pool (LRIP)