Services
What We Offer
We are a full-service professional CPA firm for businesses and individuals.
As Chartered Professional Accountants we pride ourselves on providing personalized services for businesses and individuals in Canada. From accounting and income tax services to retirement and estate planning, we tailor our services to meet the needs of each client.
We specialize in the following areas:
Taxation
Services
We have the skills and knowledge to navigate all facets of the Canadian tax system.
LEARN MORE
Taxation Services
Our team stays up-to-date on all minor and major taxation changes, so you can relax knowing that your taxes are being taken care of by experts in the know.
Services include:
Personal Income Tax Planning and Compliance
- Timely and accurate income tax return (T1) preparation
- Proactive income tax planning
- Updates on tax law changes
- Self-employed individuals and partnerships
- Rental properties
- Purchase and sale of businesses
Corporate Income Tax Planning and Compliance
- Timely and accurate income tax return (T2) preparation
- Proactive income tax planning
- Updates on tax law changes
- Corporate structuring and reorganizations
- Purchase and sale of businesses
- Capital gains exemption planning and advisory
- Incorporation advice
- Remuneration strategies
Estate & Trust Planning and Compliance
- Death of a taxpayer
- All types of trusts (family trusts, life interest trusts, alter-ego trusts, spousal and joint partner trusts, etc.)
- Timely and accurate income tax return (T3) preparation
- Proactive income tax planning including safeguarding assets and reducing probate fees
- Port-mortem planning
- Charitable gift planning
- Updates on tax law changes
- Clearance certificates
Non-Resident Tax Services
- Non-residents owning and renting Canadian real estate
- Tax withholding requirements
- Timely and accurate income tax return (T1) preparation to report rental activities
- Non-residents selling Canadian real estate
- Certificate of compliance requests
- Timely and accurate income tax return (T1) preparation for year of disposal
- Non-residents working in Canada
- Non-residents doing business in Canada
- Cross-border taxation advisory
Other
- Partnerships
- Timely and accurate income tax return (T5013) preparation
- Proactive income tax planning
- Updates on tax law changes
- Partnership planning and reorganizations
- Purchase and sale of businesses
- Admissions, withdrawals and retirements of Partners
- Associations of medical professionals
- Sales tax (GST/HST, PST)
- EHT
- UHT
Canada Revenue Agency (CRA) Disputes & Voluntary Disclosures
- Support for CRA inquiries and audits
- Taxpayer relief provisions
Business Accounting Services
Ensuring your business transactions are accounted for in a timely and accurate manner is one of the best business decisions you will ever make. Trust our knowledgeable team to guide you through all of the nuances involved.
Services include:
Compilation engagements
Bookkeeping
- Accounting setup
- Financial record keeping
- Periodic accounting and reporting to management
Payroll services
Excise reporting
Business Advisory Services
Our expert team is here to offer advice, solutions and guidance on all decisions, big and small, that you will make along the way.
Services include:
Incorporation Advice
Purchasing & Selling a Business
Corporate Structuring and Reorganizing
Succession Planning
Estate Planning
Compensation Planning
Business valuations
Bankruptcy & Insolvency Services
If you have financial issues such as credit card debt, a defaulted mortgage, income tax debt, or wage garnishees, Derek L. Chase & Associates can help. Whether you need credit counselling, debt consolidation, or help with personal bankruptcy, we’ll find the right solution for your needs.