Trusted Toronto Accounting Firm Delivering Innovative Tax Solutions

When it comes to your company’s success, a comprehensive tax management strategy is essential. Taxation impacts almost every major business decision you make. With ever-evolving tax legislation, ensuring your company is meeting deadlines and remaining compliant can be challenging, and while there are a number of traps and pitfalls in our current taxation environment you want to avoid, there are also opportunities that you and your business can utilize. That’s why partnering with a highly competent and responsive accounting firm is essential to your company’s future.

At DNTW Toronto LLP, our professional and dedicated team takes pride in providing high-quality tax strategies to a diverse clientele from a wide range of industries.  For decades, we have been a dedicated and invaluable business partner to clients in North America, adding value to their businesses through modern and tailored tax solutions.

Modern, Tailored Tax Services

DNTW Toronto LLP provides integrated tax advice to clients with an emphasis on tax planning and services customized to meet your needs. We are passionate about providing tax strategies that help our clients achieve their best possible outcomes. We do more than crunch numbers. We deliver tailored solutions designed to enable our clients to add value to their businesses and accounts.

We ensure you are kept up to date with the latest changes to tax legislation that affects you and your business, as well as important developments and policy changes, so you can rest easy knowing that the advice you receive is cutting-edge.

Quality Compliance Services

Preparation of:

• Federal and provincial corporate income tax returns (US and CDN)
• Canadian and U.S. personal income tax returns
• Partnership and trust information returns
• Other tax compliance documents required by regulatory bodies

Expert Tax Planning Services

High-quality tax strategies are comprised of both compliance and planning. A forward-thinking tax solution is vital to help your business minimize taxes and maximize value. Remaining current on the latest tax legislation is likely one of the farthest things from your mind. However, effective tax planning ensures you avoid potential dangers while enabling you to also capture deductions and credits to maximize the benefits of the provisions of the Income Tax Act.

At DNTW Toronto LLP, our clients benefit from working with accessible and approachable tax professionals. We respond quickly to client inquiries and deliver unique solutions to meet their individual goals. Our modern tax solutions, combined with our hands-on approach, make us an attentive business partner.

Expert Tax Solutions for Individuals

Regardless of what individual goals you have set for yourself, efficient tax planning is essential in order to build, preserve, and maximize wealth.

At DNTW Toronto LLP, our professional tax experts can deliver a comprehensive tax strategy to help you achieve your financial goals.  

Tax Services to Help Your Business Grow Businesses:

The tax function can contribute significantly to a corporation’s strategic financial goals. That’s why it’s essential for successful companies to manage the tax implications of every aspect of doing business. For owner-managed businesses, the prime objective is to minimize and defer the tax for a corporation and its shareholders. In the owner-managed company, our approach to the shareholder and the company is to view them as one economic unit. The focus of tax planning is to maximize the after-tax retention of income and cash while increasing wealth.

Let the progressive tax experts at DNTW Toronto LLP develop a tax strategy that is both innovative and demonstrably effective in creating value while at the same time allowing you to think ahead in a fast-changing environment.

U.S. Tax Services for Businesses Across North America

If you are a U.S. citizen or a U.S. “Green Card” holder, live and work in Canada, and you’re current with all your tax filings with the CRA but have never filed a U.S. tax return, or it’s been several years since you last did, the IRS is looking for you. However, our highly knowledgeable U.S. tax experts can help.

You are required to file a U.S. personal income tax return every year, even if you don’t owe any taxes. The penalty for failing to do so can be quite severe.

We can help you with your tax return, ensuring you have included all your foreign bank accounts. Your Canadian accounts, including your RRSPs, life insurance, and investment accounts, are foreign accounts because they are not in the U.S., and the penalty for not disclosing these accounts is also significant. Let us help to ensure you and your business are compliant and meeting all the necessary filing obligations.

Professional U.S. Corporate Tax Services

All too often, companies doing business in the U.S. are unaware of their tax obligations south of the border. Even if your business has only had a few U.S. sales, you are required to file a U.S. income tax return. As well, there may be state returns to consider, and some cities and other local governments also require income tax returns. In addition there is also state or local sales tax to consider, and your transactions may be taxed differently in the U.S. than in Canada.

If you’re doing business in the U.S., even on a limited scale, we can ensure you meet your obligation to file a U.S. corporate tax return. U.S. income tax legislation can be complex and confusing. Our trusted team will make certain you remain compliant with any state or sales obligations. Should the state where you are doing business require you to register in that state, we will guide you through the process and provide them with an annual information return should it be required.

U.S. Tax Planning Solutions

If you are considering a move to the U.S., purchasing property, your business is considering expanding into the U.S., or perhaps you’ve got a proposed transaction that involves U.S. persons, you want to be sure what the tax implications are before you take that next step.

With over one hundred years of combined experience, the trusted professionals at DNTW Toronto LLP can provide you with a comprehensive tax plan tailored to your specific needs. Our highly skilled Chartered Professional Accountants are well versed in U.S. tax legislation, and we can provide you with high-quality tax solutions and strategies should you find yourself audited by the IRS or if the IRS or the CRA are asking about the prices you charge on cross-border transactions.

Contact DNTW Toronto LLP for Expert Canadian and U.S. Taxation Services

The trusted Chartered Professional Accountants at DNTW Toronto LLP deliver comprehensive and tailored tax solutions to clients in Toronto and across Ontario, meeting both Canadian and U.S. tax obligations.

A full-service, mid-sized accounting firm, we have been providing a wide range of innovative accounting and tax solutions to clients in Toronto and across Ontario for more than two decades. For more information about how DNTW Toronto LLP can help you and your business, reach out to us online or by telephone at 416.924.4900.