TAX PLANNING & ACCOUNTING SERVICES IN
Scarborough, Ontario
Strategic Tax Advice for Individuals, Business Owners & Real Estate Investors
Whether you are a business owner, incorporated professional, real estate investor, or high-net-worth family in Scarborough, IC Tax provides specialized Canadian tax advisory services designed to help you reduce taxes, remain compliant, and preserve long-term wealth.
We provide proactive tax planning strategies that help you make informed decisions before costly tax consequences arise.
Canadian Tax Experts
15+ Years of Experience
Cross-Border & International Tax Expertise
Tax Planning Specialists
Proactive strategies that save you more
CRA Compliant
Up-to-date with Canadian tax legislation
Cross-Border Expertise
Canadian, U.S. & International tax solutions
Confidential & Secure
Your information is safe with us
Our Services
Specialized tax and accounting solutions tailored to your goals.
Corporate Tax Planning
- Corporate Tax Planning
- Tax Return Preparation
- Corporate Reorganizations
- Year-End Tax Planning
- CRA Audit Assistance
- Owner-Manager Tax Planning
Cross-Border & International Tax
- U.S. Tax Compliance
- Cross-Border Structuring
- FBAR & FATCA Reporting
- Canadian Departure Tax
- Foreign Tax Credits
- International Tax Planning
Real Estate Tax Planning
- Principal Residence Exemption
- Multiple Property Planning
- Subsection 45(2) Elections
- Subsection 45(3) Elections
- Cottage & Rental Property Planning
- Family Trust Planning
Estate & Succession Planning
Cloud Accounting & Bookkeeping
Personal Tax Planning
Our Process
01
Discovery Meeting
Understand your business, investments, and long-term objectives.
02
Tax Review
Analyze your current tax position and identify planning opportunities.
03
Customized Tax Strategy
Develop practical tax solutions designed specifically for your circumstances.
04
Implementation
Coordinate with your legal and financial advisors to implement recommendations.
05
Ongoing Advisory Support
Review your tax strategy regularly as your business, investments, and tax laws evolve.
Frequently Asked Questions
Why Clients Choose IC Tax
- Proactive Tax Planning
- Experienced Canadian Tax Professionals
- Specialized Cross-Border Expertise
- Real Estate Tax Specialists
- Responsive Client Service
- Secure Virtual Consultations
- Long-Term Tax Advisory Relationships
Who We Help
Business Owners Owner-managed corporations seeking proactive tax advice.
Incorporated Professionals Doctors, dentists, lawyers, consultants, and other professionals.
Real Estate Investors Rental property owners, developers, and landlords.
High-Net-Worth Families Estate, succession, and wealth preservation planning.
Non-Residents Canadian tax advice for international investors and newcomers.
Growing Businesses Strategic tax planning that supports long-term growth.
Do you work with clients in Scarborough if your offices are located elsewhere?
Yes. We regularly advise clients throughout Scarborough, Toronto, the Greater Toronto Area, and across Canada. Most consultations are conducted securely through Microsoft Teams or Zoom, allowing us to provide the same high level of service regardless of your location. Documents are exchanged through our secure client portal, making the process convenient and efficient.
Can you help reduce taxes for incorporated businesses?
Yes. We work with owner-managed businesses to identify proactive tax planning opportunities that can reduce taxes while supporting long-term growth. Our services include corporate tax planning, owner-manager compensation planning, corporate reorganizations, succession planning, holding company structures, and year-end tax planning.
Do you provide real estate tax planning?
Absolutely. We advise homeowners and real estate investors on a wide range of tax matters, including Principal Residence Exemption planning, multiple property ownership, subsection 45(2) and 45(3) elections, rental property tax planning, family trusts, capital gains planning, and succession strategies. Our goal is to help clients preserve wealth while remaining compliant with Canadian tax legislation.
Do you work with U.S. tax matters?
Yes. Our team provides Canadian and cross-border tax advisory services for individuals and businesses with U.S. tax obligations. Whether you own U.S. real estate, operate a cross-border business, or require assistance with Canadian and U.S. tax compliance, we can help you navigate complex tax rules while minimizing double taxation.
Can we meet virtually?
Yes. We offer secure virtual consultations for clients throughout Scarborough, Ontario, and internationally. Meetings are conducted through Microsoft Teams or Zoom, and documents can be uploaded securely through our client portal, allowing you to receive professional tax advice without visiting our office.
Why should I choose IC Tax over a traditional accounting firm?
IC Tax is a specialized tax advisory firm focused on delivering proactive tax planning rather than simply preparing tax returns. Our professionals have extensive experience in Canadian corporate tax, cross-border taxation, international tax, real estate tax planning, estate and succession planning, and complex corporate reorganizations. We work with clients year-round to identify opportunities that reduce taxes and support long-term financial success.
Can you help if I receive a CRA audit or reassessment?
Yes. We represent clients during CRA reviews, audits, and reassessments by communicating directly with the CRA, preparing supporting documentation, responding to information requests, and assisting with objections where appropriate. Our goal is to resolve tax matters efficiently while protecting your interests.
Do you only prepare tax returns, or do you also provide tax planning?
Tax planning is at the core of our practice. While we prepare personal and corporate tax returns, we focus on helping clients make informed decisions before transactions occur. Our proactive approach helps reduce taxes, improve cash flow, and support long-term wealth preservation.
Looking for an Experienced Tax Advisor in Scarborough?
Whether you require corporate tax planning, cross-border advice, real estate tax planning, or ongoing accounting support, IC Tax provides practical tax solutions tailored to your goals.