Tax Services
Frequent changes to the tax system complicate tax planning. In this complex universe, Welch helps you find your way around and advises you on the best avenues.
We help navigate the complicated world of taxes and advise you on the best course of action. Welch provides proactive advice and support so that high-net-worth individuals, business owners and their businesses can effectively manage their tax obligations. Planning ahead helps you minimize tax and ensures all compliance requirements are met on a timely basis.
Welch LLP has a highly knowledgeable tax team with expertise in strategic planning for all aspects of personal and corporate tax, including the following services:
Welch LLP has a highly knowledgeable tax team with expertise in strategic planning for all aspects of personal and corporate tax, including the following services:
Personal tax services
Corporate tax services
Indirect tax
Non-resident of Canada
Specialty areas
Services provided
For more than 100 years, Welch has specialized in personal tax returns for business owners, high-net-worth individuals and individuals with complex returns. Our work includes:
- US personal tax and other international cross-border matters
- US Canada Tax Preparation
- Dual Citizenship Taxes in Canada and the USA
- Partnerships, trusts and estate tax
- Succession planning and intergenerational transfers of wealth
- Financial, retirement and personal wealth planning
- Professionals
- Stock option activity
- Immigration/emigration tax matters
- Tax compliance
- Business incentives/SR&ED tax credits
- Small Business Tax Filing in Canada
- Owner/manager remuneration planning
- US Tax
- Sales and use taxes (GST/HST, QST and other provincial sales taxes)
- Payroll taxes (CPP, EI, EHT, WSIB)
- Tax advice (emigration from and immigration to Canada)
- Cross-border services
- US Tax
- Foreign businesses looking to do business in Canada
- Estate and succession planning
- Purchase or sale of a business
- Cross-border issues
- Canadian businesses looking to do business in the USA and other foreign countries
- Real estate transactions
- Estate and Business Succession Planning
- Not-for-profit organizations
- Doing Business in Canada
- Strategic planning
- Tax return preparation
- US tax return preparation/IRS voluntary disclosures
- Representation to tax authorities
- Audits and appeals
- Estate administration
US Tax Services
Canadian businesses operating in or selling to customers in the United States may be subject to income tax in the US or may need to collect and remit US state sales tax.
Free Canadian Tax Preparation Services for Medical Students & Residents
We know preparing your personal income tax return can take a lot of time. We can do it for you free of charge.
Team members
CPA (Massachusetts)
Ottawa
613-236-9191 ext. 136
Related resources
Welch LLP Annual Accounting and Tax Technical Update for Private Enterprises 2024
October 09, 2024 – Gain insight for the year ahead. Our virtual Private Enterprise Accounting & Tax Update webinar will take place on October 9th at 10am.
US Estate Tax for Non-US Persons
September 12, 2024 – Under U.S Tax law, U.S citizens are subject to estate taxation with respect to their worldwide assets, regardless of whether they are residents of the U.S on passing. Certain deceased non-residents of the U.S are subject to U.S estate taxation in respect to their U.S situated assets, and these include:
New Clean Technology Investment Tax Credit
September 12, 2024 – The CTITC is a refundable tax credit available to taxpayers that make eligible investments in clean technology property that become available for use between March 28, 2023 and December 31, 2025. The credit varies depending on a variety of factors described below but can equate to as much as 30% of the cost of qualifying assets.
Capital Gains Inclusion Rate – How Does It Impact Me?
April 23, 2024 – In More Ways Than You Think The federal Budget was presented on April 16, 2024 and among a number of […]
Federal Budget 2024 Commentary
April 17, 2024 – On April 16, 2024, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2024 – Fairness for Every Generation, to the House of Commons. No changes were made to personal or corporate tax rates. Some highlights include the following:
Federal Budget 2024
April 17, 2024 – On April 16, 2024, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2024 – Fairness for Every Generation, to the House of Commons.
Are you Maximizing the Benefits of R&D in your Medical Professional Corporation?
April 09, 2024 – Do you perform research during your day-to-day activities? Are you looking to develop new procedures or new medical devices that […]
Ontario Budget 2024
March 27, 2024 – On March 26, 2024, the Ontario government presented its 2024 Budget – Building a Better Ontario.
Understanding SR&ED Claims:
March 18, 2024 – A Case Study on Solar-Powered Shingles Scientific Research & Experimental Development (SR&ED) claims are a vital aspect of Canada’s tax […]
Holding Companies and the Cost of Foreign Dividends
March 11, 2024 – In the case of investment income earned through a corporation, there is a tax cost once the corporation pays its after-tax income out to shareholders as dividends, as follows:
Tax Facts and Figures – December 2023
February 20, 2024 – Tax Facts and Figures is produced by Welch LLP as an information service with the understanding that it does not […]
2023 Personal income tax updates – Canada and US
February 05, 2024 – With personal tax filing season just around the corner, we thought we would take this opportunity to outline some of the recent changes that will impact Canadian and US personal tax filings for the 2023 year.
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