The Nexia Friedman Taxation Division is managed by an experienced team of professionals, committed to meeting the challenges and ever-changing complexities of individual and corporate tax planning and compliance.
Working with clients who own and operate self-managed businesses, as well as public companies, our taxation team members use their expertise to plan effective tax strategies that help minimize our clients' combined corporate and personal tax burdens. This is an ongoing undertaking that requires skill and experience in a number of specialized areas including:
Compliance
The trend in recent years of decreasing income tax rates has caused governments to implement a plethora of new taxes, levies, charges, contributions or whatever they choose to call them in order to replace the resultant lost revenues. As a result, complying with these laws requires much more effort, time and knowledge, and the risk of non-compliance has increased significantly. In many cases, the penalties for non-compliance can be severe. At Nexia Friedman, all tax returns, forms and documents are reviewed by highly qualified professionals to ensure that all relevant laws and regulations are being complied with and that these penalties are avoided.
Investment planning
Our primary role is to ensure that our clients benefit from the maximum after-tax return on their investments. While the primary factor to be considered in making an investment should be the merits of the investment itself, the differing tax treatments of various types of investments often can be an important factor in the decision, often significantly affecting the potential bottom-line return.
Corporate reorganizationsIn many cases, taxes can be minimized and operating costs reduced through the restructuring of an existing corporate group. This may involve consolidation of business operations, expansion through mergers and acquisitions, the utilization of alternative entities such as partnerships, joint-ventures and trusts and many other planning techniques and methods. |
Estate planning
Our goal is to ensure that our clients' heirs, and not the government, enjoy the rewards gained during the clients' lifetime. This may include, among other things, sound and imaginative will planning and the use of trusts.
International tax planning
Keeping up-to-date with changes in the United States tax legislation is an important area of our Tax Department, and essential for the preparation of U.S. federal and state income tax returns. We maintain close relationships through our worldwide Nexia network of tax professionals to provide timely information for planning and compliance services.
Commodity tax planning
Our thorough review of sales and excise tax obligations has resulted in significant savings for many of our clients.
Cross-border planning & Transfer pricing
Our objective is to provide international tax planning services, with a strong emphasis in the area of Canada-U.S. cross-border transactions and transfer pricing. This can include reviews and recommendations for appropriate measures to ensure optimum results for those clients involved in cross-border transactions.
Our taxation team is there to provide solid business advice and help clients exercise their right to arrange their affairs in a way that minimizes their tax obligations.
The following Nexia Friedman partner can be contacted for more information.
 |
|
