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If you are reconsidering the existing structure, evaluating a holdco, or preparing for a transition, book a 15-minute call.
Tax strategy for professional corporations.
Compensation planning, passive income strategy, holdco structures, and reorganizations for lawyers, consultants, engineers, and other PC clients.
Who we work with
Professionals operating through a PC in Canada. Solo practitioners, partnership structures, and multi-entity groups.
- Lawyers in private practice
- Management consultants and strategy advisors
- Engineers and engineering consultants
- IT consultants and independent technology professionals
- Architects and design professionals
- Other professionals where a PC is permitted by the regulator
What we do
Integration analysis. Canadian tax integration is imperfect. The gaps are where planning lives. We model the file each year to find the gaps that apply.
Compensation mix. Salary versus dividend is the wrong starting question. The right starting question is how much you actually need personally, how much you want to defer, and what RRSP, CPP, and IPP room you are giving up or unlocking. The mix follows from those answers.
Passive income. Surplus inside a PC has to go somewhere. GICs and bonds trigger the small business deduction grind. Eligible dividends flow through a different tax pool. Capital gains harvesting, IPPs, and corporate-owned life insurance all become options once surplus is meaningful.
Holdco and multi-entity structures. Holdcos creditor-proof surplus, support family planning, and pre-position for a sale. They also add compliance cost and complicate downstream planning. We recommend a holdco when the upside is real, and say so when it is not.
Reorganizations. Section 85 rollovers, estate freezes, share exchanges, amalgamations, wind-ups. Coordinated with corporate counsel.
Compliance. T2, T1 integration, HST, slips, compilation statements, CRA correspondence.
FAQ
Is a PC worth it when I am just starting out?
Usually not in year one. Compliance and setup costs are real, and if you draw what you earn, deferral does nothing. Run a year or two through a proprietorship, then revisit.
Can I income-split with my spouse?
Generally no, after TOSI. Narrow exceptions exist for genuine contribution, spouses 65+, and excluded amount situations. Case by case.
Do you handle multi-province PCs?
Yes. Carrying on business in multiple provinces affects allocation under Reg. 402 and HST. We file accordingly.