Tax Planning Services in Ottawa
Tax planning is about structuring your business and personal finances to protect what you’ve built and support long-term growth. As a trusted tax firm in Ottawa, we help business owners, high-net-worth families, and healthcare professionals minimize tax and build future-ready strategies.
Our Approach to Tax Planning
Our team has deep business, tax and accounting knowledge and experience to offer guidance that reflects your unique goals, industry, and financial picture.
Our philosophy is simple: tax planning should support your business and long-term vision.
We take the time to understand your priorities, from growing a company, navigating a complex corporate structure, succession planning, or managing family assets. Our team combines advanced tax knowledge with a collaborative, relationship-focused approach to help you make confident financial decisions.
We look to uncover opportunities that drive tax efficiency and broader financial health. When needed, your plan can integrate with business strategies, estate arrangements, and the management of your family’s assets.
Why Choose GGFL as Your Trusted Tax Firm?
With more than 80 years of serving Ottawa’s business community and families, GGFL has earned a reputation for not only offering personalized services but also for our expertise and integrity. Our seasoned tax professionals regularly work with complex corporate and personal structures. In fact, we specialize in creating structures to protect your business, your wealth, and your estate, but we pride ourselves on making these easy to understand so you can feel confident the plan meets your needs.
Our long-standing involvement in the Ottawa community and team-based service model ensures that every client receives informed, forward-looking advice.
Comprehensive Tax Planning Services
Personal Tax Planning
We help high-net-worth individuals and families develop tax-efficient strategies for income, investments, retirement, and intergenerational wealth transfer. Our support helps create a plan that fits any financial goal:
- Planning around income splitting
- Family trust structures
- Estate tax minimization
- RRSP and TFSA optimization
- Charitable giving
Corporate Tax Planning for Businesses
For owners and entrepreneurs, our team provides clear, practical guidance to reduce taxes, safeguard revenue, and support sustainable growth through support in the following areas:
- Restructuring your corporations for strategic tax optimization
- Optimizing compensation
- Investment planning
- Acquisition and expansion considerations
- Long-term succession or transition planning
- Attracting and retaining key talent
- Reducing tax exposure over time
Cross-Border Tax Advisory
Many individuals often operate across borders, which may result in tax implications. Through our DFK partners, we collaborate with specialists worldwide to help navigate compliance requirements and expand your company internationally.
- Support U.S. filings
- Business expansions
- Inbound and outbound investment structures
- Identify planning requirements
Tailored Tax Planning Strategies for Your Goals
Every client comes to us with different priorities, from growing a business to supporting a family. We build tailored tax strategies around your timeline, risk profile, and long-term goals. Whether managing corporate structures or planning an estate, we ensure you receive clear, informed guidance tailored to your unique needs.
- For business owners, we provide tax planning that supports both day-to-day operations and significant milestones, such as expansion, succession, or investment decisions.
- For high-net-worth families and professionals, we help simplify complex tax situations so your wealth can grow while protecting your estate.
- For health care professionals, while you focus on your patients, practice and research, let us support your business and investments through our tax, accounting and practice management expertise.
How Our Tax Advisors Work With You
Our planning process aims for a straightforward and collaborative approach:
1. Discovery
We start with a detailed understanding of your personal and business situation, including your goals and current structure.
2. Review and Analysis
Our team reviews your past filings, identifies risks and missed opportunities, and evaluates the most tax-efficient path for you.
3. Planning and Implementation
We suggest recommendations and work with you or your advisors to implement any changes seamlessly.
4. Ongoing Support
As your circumstances evolve, we revisit your plan to ensure it continues to support your long-term objectives. Implementing changes to your structure is only the first step. What is most important is the continued strategic use of your structure to help ensure we meet your goals as circumstances evolve. We regularly revisit your plan to ensure it continues to support your long-term objectives.
You’ll always have access to a team that communicates clearly, responds promptly, and keeps your best interests at the centre of every recommendation.
Ready to Plan Smarter? Contact Our Ottawa Tax Advisors
If you’re looking to make informed, future-focused decisions, our team is here to help. Connect with our tax advisors at our Ottawa-based tax firm to start building a plan that supports your goals today.
Frequently Asked Questions About Tax Planning
- Tax preparation: Focuses on filing your annual return accurately and on time.
- Tax planning: A proactive strategy that looks ahead to structure your finances throughout the year and in the long term, aiming to reduce taxes, manage risk, and support financial goals.
The best time to start tax planning for your business is before major decisions are made. Planning early allows you to structure income, compensation, investments, and future growth in a tax-efficient way rather than a year-end reactive approach.
Working with a tax advisor ensures your planning is guided by a professional with advanced tax specialties. These specialists understand complex legislation, multi-entity structures, and planning opportunities that general accountants may not be as versed in.
Our tax planning services include:
- Personal and corporate planning
- Business structuring
- Cross-border planning
- Family trust strategies
- Retirement optimization
- Capital gains planning
- Year-round advisory support tailored to your goals
Insights
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