Unlock Wealth and Avoid Tax

What is your aptitude for facing a CRA audit? Even amongst entrepreneurs, the willingness to “push the envelope” with tax strategies ranges from one end of the spectrum to the other. And yet, as a business owner, you want to know you are not paying any more tax than you need to be. This is especially true when it comes to re-organizing your corporate structure and balance sheet for succession purposes.

But how do you make decisions on whether or not the “tax risk” falls within your comfort level?

A recent article in Canadian Capital, (published by Rogers Publishing Ltd.) renders advice to advisors who create tax strategies for business owner clients. As a recipient of tax advice, you may want to know what you advisors are being told.

A quote from the article that we embrace wholeheartedly is, “business owners need professionals on their side that work together in a coordinated way…ensuring all involved are working towards a common goal.”

Go ahead. Read the entire article. I give credit to Mike George at Richardson GMP Ltd. for his very insightful writing.

And, if you are wondering who to talk to about your own tax and succession planning, get in touch with us. We would be pleased to help.

Click here to Canadian Capital article