Frequently Asked Questions
Answers to common inquiries about our services
What services does TaxLoria offer for corporate tax planning?
TaxLoria offers a suite of planning services including detailed deduction reviews, obligation assessments, and strategic structuring under Canadian tax regulations. Our team analyzes prior filings and organizational data to identify opportunities that align with current compliance standards.
How does TaxLoria ensure compliance with Canadian tax regulations?
Our compliance process involves regular reviews of federal and provincial requirements, ongoing monitoring of legislative updates, and thorough documentation of each planning step. We collaborate closely with in-house advisors to ensure every strategy meets or exceeds regulatory standards.
What information is required to start the planning process?
To begin, we request your latest financial statements, previous tax filings, organizational structure details, and any relevant policy documents. This information enables our team to conduct a comprehensive assessment and develop targeted planning recommendations.
How long does the corporate tax planning engagement take?
A typical engagement spans 2 to 4 weeks for an initial strategy and detailed report. Timelines may vary based on the complexity of your corporate structure and the depth of historical data provided.
Can TaxLoria help with year-end reporting deadlines?
Yes. Our specialists handle all aspects of year-end preparations, including data consolidation, schedule preparation, and submission of required federal and provincial forms to ensure your corporation meets every deadline.