Proactive Tax
Planning.
Stop looking backward. We design forward-looking tax strategies to minimize your liabilities, protect your assets, and accelerate your wealth creation.
Accounting Shouldn't Be an Autopsy
Most business owners only talk to their accountant in April, long after the fiscal year has ended. By then, it's too late to change the outcome. You simply find out how much you owe the CRA.
At Teixeira Accounting, we believe in proactive tax planning. We meet with you before your year-end to analyze your financial trajectory and implement strategies that legally and effectively minimize your tax burden while there is still time to act. We view tax planning as a continuous, year-round process that aligns your corporate structure with your personal wealth goals.
Proactive Tax Planning ROI Estimator
Estimate how much capital you could retain through strategic tax planning and corporate structuring.
Capital that could be reinvested into your business, real estate, or personal wealth portfolio.
This tool is for general information only and does not replace professional tax or accounting advice.
The Foundations of Tax Strategy
Effective tax planning isn't about finding "loopholes" or taking aggressive, highly risky positions that will trigger a CRA audit. It is about deeply understanding the Income Tax Act (ITA) and structuring your affairs to take advantage of the legal frameworks designed to encourage business growth and investment.
A comprehensive tax plan addresses three core pillars:
Tax Deferral
Pushing tax liabilities into the future, leaving more capital in your hands today to invest, compound, and grow your business.
Tax Minimization
Permanently reducing the absolute amount of tax paid through deductions, credits, and optimal corporate structures.
Tax Integration
Ensuring your corporate and personal taxes work together seamlessly, avoiding double taxation when extracting wealth.
Core Tax Strategies for Canadian Businesses
We deploy a range of sophisticated strategies tailored to your specific corporate structure and personal wealth goals:
Salary vs. Dividend Optimization
How you pay yourself matters. We calculate the exact mathematical mix of T4 salary (which generates RRSP room and CPP benefits) and T5 dividends (which are taxed at lower rates) to minimize your integrated corporate and personal tax rate. This isn't guesswork; it's precision modeling based on your specific provincial tax brackets.
Income Sprinkling & TOSI Navigation
While the Tax on Split Income (TOSI) rules have severely restricted the ability to pay dividends to family members, legitimate opportunities still exist. We analyze your corporate structure to find exemptions (such as family members working 20+ hours a week, or holding shares in non-services businesses) to legitimately distribute income to spouses or adult children in lower tax brackets.
Holding Companies (Holdcos)
As your operating company generates excess cash, leaving it exposed to creditors is a massive risk. We structure holding companies to allow you to pay tax-free inter-corporate dividends, moving cash out of the risky operating company into a secure Holdco where it can be invested in real estate, stocks, or other ventures.
Capital Cost Allowance (CCA) Timing
The timing of major asset purchases (equipment, vehicles, software) can drastically impact your tax bill. We advise on the exact timing of acquisitions and dispositions to maximize your CCA write-offs in the current fiscal year, leveraging rules like the Available for Use rule and accelerated investment incentives.
Advanced Wealth Extraction
For high-net-worth business owners and medical professionals, basic salary/dividend planning is not enough. We implement advanced wealth extraction strategies:
- Individual Pension Plans (IPPs): A customized defined benefit pension plan that allows for significantly higher tax-deductible contributions than an RRSP, ideal for owners over 40 earning high T4 income.
- Corporate-Owned Life Insurance: Using insurance policies to grow investments tax-free inside a corporation, and eventually extracting that wealth tax-free to your estate via the Capital Dividend Account (CDA).
- Capital Gains Stripping (Pipeline Planning): Advanced post-mortem or restructuring strategies to extract corporate surplus at lower capital gains rates rather than higher dividend rates.
When to Engage in Tax Planning
Tax planning is a continuous process, but certain triggers require immediate strategic review to prevent massive tax leakage:
Pre-Year End
We review your financials 45-60 days before year-end to trigger bonuses, declare dividends, or make capital purchases while there is still time to affect the current year's tax return.
Major Transactions
Structuring the sale or purchase of a business, or the acquisition of commercial real estate, to minimize capital gains, maximize the Lifetime Capital Gains Exemption (LCGE), and prevent recapture.
Why Choose Teixeira Accounting?
At Teixeira Accounting Firm Inc., we don't just record history; we write your financial future. Most accounting firms are reactive—they wait for you to bring them problems. We are proactive architects of your wealth and business growth.
Whether you're a scaling enterprise or a high-net-worth individual, we provide the strategic oversight, tax optimization, and bulletproof compliance you need to operate with absolute confidence.
The Teixeira Advantage
Proactive Tax Strategy
We don't just file your taxes; we actively look for ways to reduce your tax burden year-round.
Bulletproof Compliance
Our rigorous quality control ensures your filings are accurate, minimizing audit risk.
Dedicated Advisory
You get a dedicated partner who understands your business deeply, not just a once-a-year tax preparer.
Stop Overpaying the CRA.
Take control of your tax strategy. Let us build a proactive plan that keeps capital in your business.
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