Taxation represents by far, the largest single item in the average Canadian’s budget.
Even those in the middle tax bracket typically pay over 35% of every dollar earned on taxes of
one kind or another. Our firm recognizes the importance of our role as your advocate and advisor,
to ensure that you pay no more than your fair share of these taxes.
Let’s face it, reducing your personal tax bill means keeping more of that hard-earned
money in your pocket. That’s a priority for all of us and it’s our right to organize
our affairs to pay the least possible amount of tax…
February to April each year, we work flat out to make sure that planning opportunities are taken
advantage of, that your return is prepared accurately and efficiently, and that it is filed on
Whether you're a doctor, a lawyer, or other professional – an investor, a business owner
or simply own rental properties – you can expect the same professional service.
Throughout the year we work to find planning opportunities for you. While preparing corporate
tax returns for your privately-held companies, or taking training in the latest tax-planning techniques,
when an opportunity presents itself, we’ll update your file or advise you of changes to
relevant tax rules in our periodic newsletters and bulletins.
As your circumstances change throughout the year, don’t be afraid to pick up the phone
and talk to one our team of tax professionals. Don’t wait until tax time – too often,
waiting will only reduce the available options to save tax.
Each year corporate tax becomes more complex, and simple compliance becomes more difficult.
Preparing a corporate tax return and planning the best corporate tax strategy requires the right
team with the right training and experience.
As your year end approaches, we’ll let you know what’s required to complete your
tax filing. Once we’ve received your financial information, we will do our level-best to
make sure that it’s accurately prepared and that you’re not paying more tax than you
should. We’ll also help you keep on top of filing deadlines, so you can avoid costly penalties.
corporate planning cannot be done in isolation. After all, you're running a business to meet personal
objectives as well. For this reason, we consider your personal tax objectives with your corporate
plans in order to ensure the optimal overall tax result. This means that your total tax bill will
be as low as possible. At PEL, we are committed to an integrated approach to tax planning – we’re
the right team for you and your business.
The Income Tax Act contains a number of complex provisions to encourage and enable small and
medium-sized businesses to grow and expand. Our expert team of tax professionals will build the
blueprints to guide you through this process with a combination of professional skill and personal
service that we believe is second to none.
It’s been said that “only two things are certain in life – death and taxes”.
At PEL we can’t do anything about death – but we can help you plan for your retirement!
CCRA is the largest single source of funding for research and development activities in Canada.
With combined experience of over 30 years in this area, we believe we can help you improve your
the Income Tax Act is written in black and white, many audit issues are not necessarily clear
cut. Our assistance in tax planning and tax return preparation can be expected to reduce the likelihood
of a tax audit. Once an audit is in process however, having our professionals on your side can
serve to reduce tensions and encourage a reasonable exchange with CCRA officials.
We exist to serve small and medium-sized business. As a local firm we are well-matched to our
clients in terms of size. This means that when you call our office, you will speak to a qualified
professional within a day. And you won’t feel that they’re too important to talk to
you. Looking for help with bookkeeping? Check out our WHAT's NEW section for our bookkeeping program
designed to work with EXCEL™ OR go to our LINKS for a referral to a qualified bookkeeper.
Buying a business can be a risky endeavour. Whether it’s a manufacturing plant or a restaurant,
our people have seen it happen before. Want some advice before you sign on the dotted line? – Give
us a call.
If you’re thinking of selling your business, let us know. There are many things to be
done before you actually list it for sale. If you want to maximize the sale price – AND
the net after tax – talk to us.
businesses can and have operated as proprietorships, partnerships, and as corporations. There
is no ‘one size fits all’ answer. If you’re confused as to what best serves
your needs – give us a call. Our professional staff can easily point out the benefits and
pitfalls of each of these structures and which might be best in your circumstances.
As professional accountants, our people have worked with many of the popular, small business
systems currently on the market. We can help you select a system and, once you’ve purchased
a system, can work with you to ensure that the system is properly set up.
If your financial statements have to be reviewed – for your banker or your shareholders – or,
if you require audit services to meet licensing or financing requirements, give us a call. Our
technical expertise in this area of financial statement preparation will help to ensure that the
process is as efficient (and painless!) as possible.
If you need financial statements to attach to your tax return, we can help. From simple Notice
To Reader statements for management purposes, through more elaborate Reviews, to full-blown Audits
we can provide the level of service that your organization needs. We’ll get it done quickly
and we’ll get it done right! What’s more, we can probably save you a bundle on income
may require a cash flow analysis in support of a funding proposal or a business plan. Perhaps
you want a plan to pay down debt. Or you may simply want to better understand the cash flow requirements
of your business. In any case, we’d be pleased to help you.
Need help going public ? We can provide assistance in fulfilling regulators' requirements, such
as financial statements and other periodic reports. We can also help you arrange financing, or
prepare your prospectus.