Corporate Tax Planning
The determination of corporate tax involves much more than the preparation and submission of a return each year. While we prepare corporate tax returns on our clients' behalf, our involvement extends well beyond this limited scope At LVP, we provide continual advice and recommendations on how to minimize and defer taxes on behalf of both the corporation and its shareholders. We provide ongoing assistance with respect to structuring a business' affairs in a tax advantageous manner from initial incorporation to its ultimate sale or windup. Corporations are being subject to increased levels of audit activity from both the federal and provincial taxing authorities. Where an audit occurs, we represent our corporate taxpayers in order to ensure that adverse tax implications are minimized. In order to ensure that these matters are addressed as efficiently as possible, we attempt to resolve most disputes via informal discussions with the field auditor in question. Where this is not successful, we will negotiate with appeals officers wherever possible in order to settle disputes without further undue delay. |