Call: (289) 670-1158 | Email: info@ictax.ca

TAX PLANNING & ACCOUNTING SERVICES IN

Toronto, Ontario

Strategic Tax Advice. Stronger Financial Future.

IC Tax provides specialized tax planning and accounting services for individuals, business owners, corporations, and real estate investors in Toronto. We help you minimize taxes, stay compliant, and build long-term wealth with confidence.

Canadian Tax Specialists

15+ Years of Experience

Cross-Border Expertise

Proactive Tax Planning

Strategic tax planning that helps reduce taxes and improve cash flow.

CRA Compliant

Up-to-date with Canadian tax legislation.

Cross-Border Solutions

Canadian, U.S. & International tax expertise.

Secure & Confidential

Your information is safe with us.

Our Tax Advisory Services

Comprehensive tax and accounting solutions tailored to your personal and business goals.

Corporate Tax Planning

Reduce corporate taxes and improve profitability with smart planning.

  • Corporate Tax Planning
  • Tax Return Preparation
  • Corporate Reorganizations
  • Year-End Tax Planning
  • CRA Audit Assistance
  • Owner-Manager Tax Planning

  • Cross-Border & U.S. Tax

    Expert guidance for individuals and businesses with cross-border needs.

  • U.S. Tax Compliance (1040NR, 1120, 5471, etc.)
  • FBAR & FATCA Reporting
  • Cross-Border Structuring
  • Canadian Departure Tax
  • Foreign Tax Credits
  • Treaty-Based Planning

  • Real Estate Tax Planning

    Minimize capital gains and preserve tax exemptions on your properties.

  • Principal Residence Exemption
  • Subsection 45(2) Elections
  • Subsection 45(3) Elections
  • Multiple Property Planning
  • Rental & Cottage Tax Planning
  • Family Trust Planning

  • Estate & Succession Planning

    Protect your wealth and ensure a smooth transfer to future generations.

  • Estate Freeze Planning
  • Trusts & Holding Companies
  • Pipeline Planning
  • Intergenerational Transfers
  • Deemed Disposition Planning
  • Wealth Preservation Strategies

  • Accounting & Cloud Services

    Accurate books. Clear financials. Better decisions.

  • Cloud Bookkeeping (QB Online, Xero)
  • Payroll & T4/T5 Filings GST/HST Returns
  • Financial Statements
  • Cleanup & Catch-up Advisory & Reporting

  • Personal Tax Planning

    Personalized strategies to minimize tax and maximize savings.

  • Personal Tax Returns
  • Tax Planning & Projections
  • CRA Correspondence
  • Voluntary Disclosures
  • Tax Residency Planning
  • Family Tax Planning

  • Our Proven Process

    01

    Discovery

    We understand your situation, goals, and challenges.

     

     

    02

    Analysis

    We analyze your tax position and identify opportunities.

     

     

    03

    Strategy

    We design a customized tax strategy tailored to your needs.

     

     

     

    04

    Implementation

    We implement the plan and coordinate with your legal and financial advisors.

     

     

    05

    Ongoing Support

    We review, adjust, and help you continue to save year after year.

    Why Clients Choose IC Tax

    Proactive Approach

    We understand your business and work to reduce your tax liability through proactive planning.

    Experienced Professionals

    Over 15+ years of Canadian tax experience.

    Personalized Service

    Solutions tailored to your goals, not one-size-fits-all.

    Responsive & Reliable

    We meet deadlines and respond promptly.

    Confidential & Secure

    Your data is handled with the highest level of security.

    Who We Help

    Business Owners

    Owner-managed corporations across Toronto and Canada.

    Incorporated Professionals

    Doctors, dentists, lawyers, consultants, and more.

    Real Estate Investors

    Rental property owners, developers, and landlords.

    High-Net-Worth Individuals & Families

    Wealth preservation and tax-efficient strategies.

    Non-Residents & Newcomers

    Canadian tax advice for international clients.

    Frequently Asked Questions

    Do you work with clients throughout Toronto?

    Yes. We advise clients throughout Toronto, including Downtown Toronto, North York, Etobicoke, Scarborough, East York, and York. Most consultations are conducted securely through Microsoft Teams or Zoom, allowing us to provide professional tax advice without requiring an in-person meeting.

    Absolutely. We work with owner-managed corporations, startups, and growing businesses to develop proactive tax strategies that minimize 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.

    Yes. Toronto’s real estate market creates unique tax planning opportunities and challenges. We advise homeowners and investors on Principal Residence Exemption planning, multiple property ownership, subsection 45(2) and 45(3) elections, rental property tax planning, capital gains planning, family trusts, and succession strategies to help preserve wealth and reduce future tax liabilities.

    Yes. Toronto is home to many internationally connected individuals and businesses. We provide Canadian, U.S., and cross-border tax advisory services for clients with international investments, foreign assets, cross-border businesses, and Canadian or U.S. tax filing obligations.

    Yes. We regularly advise physicians, dentists, lawyers, consultants, engineers, real estate professionals, IT consultants, and other incorporated professionals throughout Toronto. Our services include corporate tax planning, remuneration strategies, investment structuring, succession planning, and long-term wealth preservation to help professionals maximize the benefits of incorporation.

    Can we meet virtually?

    Yes. Most of our client meetings are conducted virtually through Microsoft Teams or Zoom. Documents can be exchanged securely through our client portal, allowing us to serve clients across Toronto, the GTA, and internationally while maintaining the highest standards of confidentiality and convenience.

    IC Tax is a specialized tax advisory firm focused on helping clients make informed tax decisions before transactions occur. Rather than simply preparing annual tax returns, we provide proactive advice on corporate tax planning, cross-border taxation, real estate tax planning, estate and succession planning, international tax, and complex corporate reorganizations. Our goal is to help clients reduce taxes, preserve wealth, and achieve long-term financial success.

    Yes. We assist clients during CRA reviews, audits, reassessments, and objections by communicating directly with the CRA, preparing supporting documentation, responding to information requests, and developing strategies to resolve disputes efficiently while protecting our clients’ interests.

    Tax planning is at the core of our practice. While we prepare personal and corporate tax returns, our primary focus is helping clients reduce taxes through proactive planning. We advise on business structures, real estate transactions, succession planning, cross-border taxation, and major financial decisions to help clients preserve wealth and achieve their long-term objectives.

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