The Canadian tax code can be overwhelming; the system is bloated and convoluted. From federal to provincial taxes, payroll, business income, HST, unemployment, and everything in between, all aspects of tax are intricately interwoven and should be methodically planned out, reported, and consistently reviewed.
Tax Planning & Preparation Services
Comprehensive, Accessible, Responsible, & Personalized Tax Advisory
Taxes are a fundamental part of a company’s financial solidity. It is vital for any business to stay current with monthly taxes and prepare for the upcoming tax season. Effective tax planning and preparation requires in-depth knowledge of a company’s unique financial situation.
The goal of tax planning and preparation is not only to minimize risk and ensure compliance but to maximize value while positioning a business for future growth. Every company is unique and there are numerous complexities when assessing tax obligations, requiring personalized strategies that are tailored to the specials needs of each business. Tax management is a risky and complex undertaking, especially today when companies must contend with every-growing regulatory oversight and economic uncertainty.
MDP provides a full range of integrated, comprehensive tax planning and preparation services, including filing tax elections, corporate income tax returns, partnerships & trusts, and collaborating with provincial and federal tax authorities. Our team of Chartered Professional Accounts have a strong understanding of the tax requirements for family-owned, owner-managed, and entrepreneurial businesses. We tailor our services to our clients’ needs -identifying opportunities that minimize tax burdens, advising on tax implications of proposed transactions, and reviewing the effectiveness of business structures.
Our Tax Preparation & Planning Services can help you with:
- Tax authority representation
- Tax audit
- Developing a tax strategy
- Consideration of all tax benefits
- Employment/payroll tax
- Sales tax (HST)
- Estate and trust tax
- Cash flow projections
- Merger and acquisition tax
- CRA filings and remittances
MDP is distinct from many other accounting firms. Our practice group consists of individuals dedicated to providing the highest quality tax preparation & planning solutions. We assist clients with a wide range of tax services.