Dharna CPA Income Tax Strategies
- Paying too much personal or corporate income tax? We will minimize your taxes!
- Are you aware of all available tax saving strategies that you can use?
- Learn how mutual funds can help lower your income taxes!
- Learn how a Personal Tax Advice from us will save huge tax dollars.
- Learn how taxes can pay for your expenses? Turn Tax dollars into wealth creation machine! Effective Tax Planning makes difference.
“I had been dealing with my accountant, who was also my close friend, for so many years. Every year I paid huge amounts in taxes and nothing was recommended. After bringing Harpal on board, he analyzed the entire setup and recommended a number of changes. As a result, not only my taxes were reduced significantly, he also helped me get money back from CRA. I now trust Harpal implicitly and follow what he says. I have been recommending him to other colleagues and business owners without hesitation.” – Curtis Brown, President, Strategic Concepts Group
Let us help you to minimize your income taxes and expenses by carefully designing a income tax plan that meets your personal and professional needs. Completing a personal income tax return is an annual event that the majority of Canadians dread. We can work with you to take the stress out of your income tax returns.
At Dharna CPA we provide comprehensive income tax reporting and income tax planning services. Declaration of income must be completed annually and submitted to Canada Customs and Revenue Agency by the 30th of April of the following year. There is a substantial penalty for not complying within the specified time frame. Any additional income taxes owing must also be paid by April 30 or interest will be charged on the overdue amount. Even if you are unable to pay the taxes that you owe, make sure you file your return by the April 30 deadline to avoid paying a penalty.
Dharna CPA services offers corporate tax services to prepare both federal and provincial tax returns.
Taxes can have a significant effect on the operation of any business. Our firm will prepare both federal and provincial tax returns for any business entity. This service includes the calculation of tax installments and the preparation of other monthly or quarterly PST/GST/HST returns. We also research on specific tax issues regarding to your company and provide you with the right answers.
Corporate tax services include but not limited to:
- Advising on audits by the CRA and handling disputes with the CRA
- Filing a Notice of Objection
- Transferring or selling your shares
- Cash flow problems
- Increasing profitability
- Paying less tax
- Preparing a business plan
- Methods of buying a business
- Estate planning
We use tax reduction techniques in our financial planning strategies to provide our clients with a bright financial future. Our services are confidential, affordable and in compliance with accounting industry standards and as always, our services are guaranteed.
With successful outcomes, we have proved to be a valuable resource to clients for all of their income tax needs, such as when they are in the process of having their claims audited by Canada Customs and Revenue Agency.
Please feel free to contact us to benefit from any of these CPA services or you would like to explore the possibilities.
Dharna CPA services minimizes your tax to increase your wealth.
Dharna CPA provides income tax strategies to minimize your tax and help you grow your wealth. Less tax helps you to reinvest your money in your own business. Our goal is to keep your money in your pocket.
Our Services include:
Estate + Succession Planning
Dharna CPA services know when and how you should go for succession and estate planning.
What will happen to your family finances when you die? Have you planned your assets for generations to come? What happen when you are unable to run your business?
Dharna CPA helps you to plan your estate that can protect your family members, continue family business, save taxes, avoid conflicts between loved ones and achieve many other objectives. We will help you plan your succession effectively so that your surviving spouse and family are financially taken care.
Furthermore, our plan will ensure that your estate pays the minimum income tax that will be due on the transfer of your business and other assets to your family. We will guide you in detail for complex process of getting your financial affairs in order. Our expert team can help in preparing an estate plan, which identifies obstacles and opportunities.
Estate planning services that require our expertise include:
- Wills and Multiple Wills
- Power of Attorney
- Estate Freezes
- Estate Administration
- Comprehensive Estate Planning
- Charities and Private Foundations
The most common goals in Estate Planning are:
- To minimize income tax paid during life and after death.
- To achieve the greatest possible build-up of assets.
- To direct how these assets will be distributed to the intended beneficiary(s) in the most effective way possible.