Our Approach
Effective tax advice and business planning can give your business a competitive advantage. Our firm offers you:
- a next-door neighbour approach
- prairie business ethics
- vast industry experience
- knowledgeable staff, and
- a network of local resources
Corporation & Business Services
Our firm advises clients ranging from growing owner-managed businesses to major enterprises on strategies for reducing their tax burdens. This involves assessing the effectiveness of business structures, planning the form of receipts and expenditures to achieve enhanced tax treatment, structuring acquisitions and dispositions effectively, and identifying available tax opportunities.
Personal Tax Services
Rapidly changing tax legislation means that experienced personal tax advice is essential for high net worth individuals, owner-managers of businesses, and corporate directors and executives. These individuals also need to develop a sound financial plan to maintain their personal and family wealth inside the value of their estates. We offer comprehensive strategic tax and planning advice for high net worth individuals, trusts and partnerships. Drawing on broad experience, we can help you define financial goals, design strategies to achieve those goals, and set the plan in motion. We will also provide you with tax effective strategies for important transactions and situations, such as the sale of a business or an appreciated property.
Merger & Acquisition Services
In recent years there has been an international trend toward increasing takeovers which has pushed merger and acquisition activity to its highest level ever. As economic globalization and related technological changes continue, these business combination activities are expected to continue. Our services go well beyond traditional tax compliance and due diligence to focus on the tax opportunities that arise in an acquisition. We can help design the transaction in a way that efficiently manages the tax costs, while remaining consistent with your business objectives.
Trust & Estate Planning
Individuals and business owners who do not have a comprehensive estate plan risk a significant reduction of the estate’s assets by taxes, probate fees, and other related costs. This could result in the liquidation of assets by an estate that is not intended under the will. We offer comprehensive strategic planning advice on ways to manage these costs arising on death while leaving as much as possible to their heirs.
Wealth & Succession Planning
In some cases where a family business has been sold, the family’s largest asset after the sale is cash. In other cases, wise investment decisions have resulted in the accumulation of significant wealth. Since the bulk of such estates will ultimately accrue to the children, families should have a plan in place to deal with issues such as the age at which children should have access to this wealth and should there be controls or restrictions on the use of this wealth. We can help develop a plan for intergenerational transfer of wealth that will meet the objectives of managing tax, preserving value, and ensuring the financial well-being of your children.
Our Community
CGL Strategic Business & Tax Advisors is a strategic supporter of the Crohn’s and Colitis Foundation of Canada. Ask us how we will match your donation to the CCFC.
