Tax Preparation & Planning

 
 

Runolfson Kehoe has assembled a strong team of accounting specialists with over 20 years of collective experience in preparing financial statements for a variety of industries. The members of our team can offer insight into the operational and financial affairs of the business so you can focus on what you do best.

What you can expect

 
 

Accurate Filing

 

Our tax team specializes in tax preparation and tax planning for businesses and individuals. Whether it’s interpreting the Income Tax Act or discussing issues with the Canada Revenue Agency (CRA), we ensure that you take advantage of all possible tax incentives and deductions available to you personally and for your company.

 

Plain Language

 

Our objective is to communicate in a clear, straightforward manner that removes ambiguity surrounding taxes.

 

Respect for Your Timelines

 

We understand the value of timely informed filing of taxes. We will do anything and everything to meet your timeline.

Peace of Mind

 

When a member of our team is on your tax file, you can be assured that you will have a senior experienced professional. It will bring peace of mind to your stakeholders and alleviate stress and find reassurance filing your taxes.

Types of Tax Services

  • The death of a family member is a challenging time in your life, taxes should be the least of your worries. Our team can assist with the deceased’s personal tax return and the estates final distribution. We are also here to help advise on the valuation and distribution of assets and assist with administrative responsibilities.

  • We are here for the small business owner. We will guide you through the tax process and ensure that every deduction and credit is correctly applied, and options are thoroughly reviewed before filing. In addition to filing your corporate tax return, we analyze and optimize your corporate structure to ensure the most efficient structure for tax purposes. With our help, you won’t have to worry about the correct treatment of your deduction or submitting on time, leaving you to focus on your buseinss.

  • When it comes time to preparing your income tax return, we will help you navigate the complexities of filing your return. Whether you have a simple return, or something more complex that includes rental properties, sole proprietorship, capital gains, etc. We will ensure you are maximizing all tax deductions and tax credits.

  • Under the Scientific Research and Experimental Development (SR&ED) program, you can receive refunds or tax credits for eligible Canadian Research and Development (R&D) work. We assist with SR&ED Schedules 31 and 32 and regularly correspond with the Canada Revenue Agency (CRA) on your behalf to stay up-to-date on any changes.

  • Harmonized Sales Tax (HST) is complex for individuals and businesses. Because of these complexities, ensuring the rules aren’t misapplied can be a overwhelming task for business owners. We can help you sort which tax rate to use, whether you should elect to file using Quick method, and whether your goods and services are zero rated or exempt. This leaves you time to focus on what you do best.