Tax Planning

MRSB Tax Services

Perhaps no other area of accounting has changed and continues to change like the taxation specialty. At MRSB Chartered Accountants, we've done better than keep pace; we've developed a strong tax department.

Our tax professionals have earned an excellent reputation in the business community for their knowledgeable and innovative approaches to Canada's ever changing tax environment. Meanwhile, to the wider benefit of clients, our tax department's experience has broadened our network of contacts in the financial and legal communities.

Due to our strong team approach, our entire firm benefits from our in-house tax specialty. It's an added resource for regular tax matters as they arise and in planning for future tax years. Moreover, the specialty enables our firm to anticipate and handle more complex tax matters that periodically affect you, our clients.

Estate planning is a good example. Here the challenge is to minimize tax costs to heirs of an estate by formulating an overall income tax plan that may address a variety of complicated factors and goals. We have a wealth of experience in these tax matters.

We also lead clients through mergers or acquisitions, where the value of assets is so critical, and where a properly structured agreement, from a tax standpoint, can make or break a deal.

In short, our tax specialty allows us to provide a full range of advice and service on taxation issues.

Owner Manager Services

MRSB Tax specialists can provide advice and assistance to owner managers on the tax implications and requirements of a variety of issues including:

• Succession planning
• Incorporation
• Owner Manager remuneration
• Farm capital gains deduction
• Small business capital gains deduction
• Buying and selling a business
• Estate planning
• Estate freezes
• Personal tax returns
• Corporate tax
• Partnership tax issues
• GST and HST compliance and planning
• Corporate reorganizations
• International taxation issues and planning
• Scientific Research and Experimental Development "SR&ED" tax credit application
• Dispute resolution with Canada Customs and Revenue Agency

Commodity Tax Planning and Advice (GST/PST)

If you are; starting a business, purchasing a business or restructuring an existing business; examining current or new business activities; or responding to audit and assessment enquiries from GST/PST audits, the MRSB tax specialists can provide advice and assistance on PST and GST issues. We can help you with the GST/PST registration process and with preparing, tracking and submitting GST/PST remittances.

Our goal is to assist clients with meeting all compliance requirements while reducing their tax payable whenever possible.

If you are a municipality or not-for-profit entity, we can provide advice and assistance on: the application of GST and PST to your organization’s activities, the preparation of public service body GST rebate applications, and recovering GST beyond the normal public service body rebate if your organization makes GST taxable sales.

Personal Tax Services

Tax implications should always be considered when implementing a plan for your financial security. The success of your personal financial plan is often a function of how much thought went into the plan originally.

MRSB Chartered Accountants can look at various options for retirement planning to help ensure that the best route is taken after considering tax issues as well as other considerations you feel are important.

Corporate Tax Services

We perform several services in this area including family succession planning, purchase and sale of a business, corporate reorganization and estate freezes, as well as owner/manager tax optimization strategies. We also provide advice on other various matters such as buy/sell arrangements and shareholders agreements.

Our Tax Experts:

Contact one of our tax experts today and let us start working for you.

Terry Soloman, B.B.A., C.A.
Tax Services Partner
terry.soloman@mrsbgroup.com

John Connolly, CMA
Senior Tax Manager
john.connolly@mrsbgroup.com

Tony Sauer, BBA, MBA
Tax Manager
tony.sauer@mrsbgroup.com

Reg Angus
Tax Services Advisor
reg.angus@mrsbgroup.com

Ron Klein, CA
Tax Manager
ron.klein@mrsbgroup.com