Consultations
Schell & Associates prepare personal US taxes for resident and nonresident individuals and offer other accounting services for clients across Victoria, Duncan, Sidney, Nanaimo, Vancouver Island, BC.
We show businesses opportunities available to them, help them plan the direction to take, improve current performance and make new ideas happen. Enter a new market, embrace a new demographic or improve your internal operations with experienced and actionable business consultant services from Victoria, BC locals. Our firm has been in the area for years assisting small businesses, mid-size businesses and enterprises by providing them with the insights to take the next step.
Through experience and careful analysis of data, we’ll help you understand how to best prepare yourself for the changes and risks every business must endure. We want to help you grow, and we’ll do that by putting our expertise toward a plan that acknowledges the opportunities and risks of your unique position in the market.
We are team of professionals helping small businesses navigate through their growth stages by providing consulting services.
We have special insight on how different decision will affect the finances of your business. We can use that insight to help you best prepare for changes in the market or a major change in the way you handle your operations or bookkeeping.
Please contact us for a consultation today if you’re ready to discuss what we can do for you. Our work with small and large businesses is completely customized to their unique situations. No matter what question you’re facing, we can give you the data that helps you make a confident decision.
Tax Planning
Tax planning is a vital component of your business’ success. It is also vital to the long-term financial planning for your business, you and your family. Your current tax situation can have a big influence on your finances. Tax planning is a process looking at various tax options to determine when, whether, and how to conduct business and personal transactions so that taxes are eliminated or reduced.
As an individual taxpayer, or business owner you can have the option of completing a taxable transaction by more than one method. There are many tax planning strategies available, especially if you are a small business owner. Some deal with your individual tax situation, and some deal with your business. We can help identify ways to save you more money now and in the future with tax strategies you can implement right away.
Our continuing professional development and constant monitoring of current taxation laws ensures that our tax professionals are able to offer you the most effective tax solutions for your unique business or individual needs.
Past Year’s Tax Return
If you have not filed Canadian income tax returns for a number of years there is no reason to be worried about severe penalties. For various reasons you may not have filed your federal income tax return for this year or previous years because you may not have known that you were required to file.
You also may not have filed because you owe additional tax that you could not afford to pay in full or because you think you might receive a refund and just have not taken the time to complete the return. Regardless of your reason for not filing, you should file your tax return as soon as possible. Call us and we will help you.
Estate Planning
As your personal circumstances change, your financial plans, both current and future, should be reviewed and updated. Estate planning is an integral part of an overall tax minimization. We work with you to develop succession strategies. Our one-on-one approach allows us to build the strong personal relationship necessary to gain a full understanding of your needs and expectations and ensure that they are met. We suggest you prepare for the future through careful planning now. It might sound easy, but there’s a lot to know.
Contact Schell & Associates – Accounting & Bookkeeping Consultation in Victoria, BC