| |
Specialized
Service Areas:
The following are areas of practice where we have
developed a specialty and reputation for our knowledge and experience.
Owner Managed and Family Owned Businesses
We have a great
deal of experience working with owner managed and family owned businesses. It
is the core of our business and is what we know best. We understand more about
your business than numbers alone. Many of us have had working experience in industry
as financial controllers and managers. We understand the view from your side of
the desk because we have been there. Not all accountants in public practice can
boast that. So if you need help beyond the balance sheet and P & L for such things
as financing, negotiating for the purchase or sale of a business, deciding whether
to lease or buy, personnel and human resource related issues, installing a new
information system etceteras, call us first. Our experience and thoughtful advice
will help you make the right decisions that matter most about your business.
IT Consultants
Our firm has assisted with the start-up and
ongoing maintenance of many IT companies around the greater Ottawa area. We have
consulted on ownership structure, reporting issues, matters of personnel, financing,
accounting, automated information systems, etceteras.
If you are an
independent contractor working in this area, call and ask for our memorandum entitled
Independent contractor status and understand the differences between being employed
and self-employed. Get it right at the start and avoid the nasty consequences
of getting it wrong.
New Business Start-ups
If you are
new to business, starting a proprietorship or incorporating for the first time,
call us to discuss all the related issues. You'll appreciate how our knowledge
and experience can help you make better decisions about your new business start-up.
Our experience has been that most new businesses get off on the wrong
foot because of failure to be properly informed about all the issues. We can save
you a lot of time and trouble by pointing you in the right direction with sound
and understandable advice.
Succession Planning
You are
an owner manager of an ongoing business, perhaps a family business. You have no
doubt experienced many ups and downs over the years and have enjoyed success.
Have you thought about your exit strategy? How will the tax liability resulting
from the sale of your business or your death as the key shareholder and decision
maker be managed? Do you plan to pass the business on to the next generation and
keep it in the family or are you making your business attractive to potential
purchasers?
Without a properly prepared succession plan, your business
will be left to the whims of the Income Tax Act and other legislation governing
your ownership of the company. However, with careful and thoughtful planning,
we can assist you with an arrangement whereby succession to the next generation
or to a third party is done in an orderly fashion, minimizing and postponing income
taxes wherever possible and ensuring a successful transition.
Agri-Business
We understand farming from the fields and barns to the P & L and the balance sheet.
Our staff has hands on experience with all kinds of farm operations and would
be pleased to show you how understanding farm operations from the inside can produce
meaningful financial reporting that you can rely on for effective decision making.
We also understand the unique tax rules applicable to farm operations and how
to use them to your benefit by minimizing and postponing taxes from year to year.
Farm business
Our firm has adopted the joint financial reporting recommendations of the Canadian
Farm Business Management Council and the Canadian Institute of Chartered Accountants.
We would be pleased to meet with you to discuss how we may assist you with your
financial management and reporting and how these important joint recommendations
would benefit your farm reporting.
We have also established links to
other websites that may be of interest to you. Please see out links page under
Agri-Business for more details.
Maple Syrup producers
Our firm works with a number of Eastern Ontario's maple syrup producers helping
them to manage their financial reporting needs and their income tax compliance
strategies.
We have addressed members of the Eastern Ontario Maple Syrup
Producers Association at conferences and at special meetings regarding income
tax reporting issues generally and specific issues such as the ice storm.
We have also established links to other websites that may be of interest
to you. Please see out links page under Agri-Business for more details.
Woodlot owners
Our firm works with Woodlot owners of all sizes around Eastern Ontario helping
them to manage their financial reporting needs and their income tax compliance
strategies.
We have addressed members of the Ontario Woodlot Association
at their annual conference and at special meetings concerning the unique income
tax reporting issues related to the ownership of woodlots.
We have also
established links to other websites that may be of interest to you. Please see
out links page under Agri-Business for more details.
Professionals:
Doctors, Dentists, Optometrists, Lawyers, Veterinarians, Chiropractors and Accountants
If you are a professional you need to know about unique and special tax rules
that apply to professionals.
Do you understand the new incorporation
rules? Do you know they are not automatically beneficial to everyone in practice?
We can explain them to you in a way that you can understand and help you to determine
if they will be of benefit to your professional business.
Business
Executives and Hi Net Worth Individuals
If you are a business executive
or high net worth individual you definitely require ongoing tax assistance. Let
us help. We understand your situation and will work to ensure that you pay the
right amount of tax and the least. We will make suggestions regarding
income-splitting strategies within your family and discuss other tax planning
opportunities with you.
If you are a local business executive in a Hi-tech
startup, we have the experience and knowledge to help you make timely decisions
regarding the management of stock option plans, capital gains and losses and other
specific tax related matters.
| |
About Us 