Corporate tax planning, not just filing
Filing records what already happened; planning changes what happens next. The highest-value conversations for an incorporated business are the salary-versus-dividend mix for owner compensation, which changes CPP, RRSP room and personal tax, and managing passive investment income inside the company below the $50,000 threshold that erodes the small business deduction.
Beyond that, we look at the timing of capital purchases and capital cost allowance claims, whether a holding company or family trust structure fits your situation, income-splitting within the tight limits the TOSI rules now allow, and the tax-efficient extraction of retained earnings in lower-income years. Good planning is a year-round activity tied to your numbers, not a conversation that happens once at year-end when most of the options have already closed.