Accountant for investors and business owners in Toronto
Accounting and tax services at Wei CPA in Toronto helps investors from bookkeeping, financial statements compilation, and tax filing at one place efficiently and accurately. It makes life much easier. Regardless you are investing in real estate, portfolios, or private businesses , we can help you look into your situations and provide you analysis to discover you alternatives for your better decision making.
Investments can be made through various entities such as individuals, corporations, trusts, partnerships, joint ventures and so forth. Different type of entities are subject to different tax rules and there are different tax implications. Tax planning for investors requires more comprehensive knowledge and expertise and it is advisable to consult an professional accountant to obtain better understanding before making decisions.
Corporate and Personal Tax Planning and Filing
Tax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency. Through tax planning, all elements of the financial plan work together in the most tax-efficient manner possible. Tax planning is an essential part of a financial plan. As well, it is an important part in investment strategy.
Some of the factors to consider in tax planning are:
- Investor’s long-term strategy and goal
- Different tax rate among individuals, corporations, and trusts
- Income splitting
- Refundable Dividend Tax On Hand (RDTOH)
- Capital Gain Exemption
- Allowable Business Investment Loss
- Cumulative Net Investment Loss (CNIL)
- Investment Tax Credit
- SR&ED Investment Tax Credit
- Capital Dividend
- More…
However, each factor has it specified tax consequence and condition. It is advisable to consult us to understand how these factors can affect your business and investment decision.
Accounting Services:
Wei CPA also provide one station of accounting services that meet all your needs from bookkeeping, payroll, monthly financial reporting, annual financial reporting, and corporate and personal tax filing. In additional, we also present you a valuable financial analysis on the results of operations and cash flows to help you make better business decision.
- Periodic bookkeeping
- Year end financial statements compilation, review , or audit
- Tax planning and optimization
- Corporate restructure
- and more…
Why Us:
Wei CPA is a Chartered Professional Accountant and Licensed Public Accountant’s office authorized by CPA Ontario. We commit to high quality and professionalism.
Contact Us
5000 Yonge Street, Suite 1901
Toronto ON M2N 7E9
Tel: (416) 628-9423
Fax: (416) 352-5713