Tax

Effective tax planning is key to nearly any business. KMSS has developed strong expertise in the area of tax – to a degree unusual for a firm of our size. We see our tax expertise as fundamental to providing the full-cycle advice required by business of all sizes. Consequently, we have built our practice around fulfilling that need.

KMSS’s tax planning expertise can help you structure your business and manage your financial practices in legally appropriate ways that minimize your tax exposure. It covers personal, corporate, estate and international tax planning for private and publicly traded companies and their shareholders. We can fulfill your tax-planning needs as an owner-manager from the inception of your business all the way to making the arrangements to pass on assets to future generations in the most tax-efficient manner achievable.

KMSS’s tax services are provided by full-time in-house professionals who are dedicated to tax compliance and planning, and who assist our partners, managers and team members in carrying out our engagements for clients. We have structured aspects of our firm’s operations to enable our tax experts to devote the time necessary to remain current with constantly evolving tax policies, regulations and best practices.

Our tax services:

• Personal and corporate tax planning
• Personal and corporate tax compliance
• Tax aspects of corporate acquisitions, mergers and dispositions
• Immigration and emigration tax planning
• International tax planning
• Personal financial planning (fee-based, not commission-based)
• Individual pension plans
• Family trust planning and administration
• Succession planning
• Estate planning and freezes
• Wills and trusts
• Charitable donations and charitable giving
• Employee profit-sharing plans
• Executive remuneration packages
• Creditor-proofing
• Life insurance issues
• Oil and natural gas taxation
• CRA Scientific Research and Experimental Development Incentive Program claims
• CRA audit assistance and negotiations
• Goods and Services Tax (GST), provincial sales tax and harmonized sales tax (HST) compliance and planning