Ottawa Estate Planning
The Chartered Professional Accountants at Smith and West are here to help you protect your family and business by planning your estate. Tailored to your family’s or business’ unique needs, our expert CPAs are trained to give you the best options to minimize or eliminate estate taxes, inheritance taxes, and probate fees. While planning an estate needn’t be stressful, it is essential to ensure the brightest future for your family or business. That’s why your best bet is to let our expert estate accountants do the heavy lifting and make sure your affairs are in order.
For all your estate tax planning and estate tax needs, contact Smith & West to ensure a bright future for your family or business.
Why Your Small Business Needs a Tax Accountant in Ottawa
Accounting is a crucial business function when beginning a small firm. It gives business owners the clearest insight into the performance of their operations. Additionally, for tax and regulatory reasons, entrepreneurs must maintain a wealth of records of their small businesses.
- Forecast Business Outlook
Entrepreneurs typically draft a business strategy that contains financial reports, an economic outlook, and projected expenditures. Lenders and investors rely largely on this accounting information to make sure that the business owner has a clear understanding of the expected financial results.
- Plan Budget
Making a budget is a crucial accounting task when beginning a small business. Budgets lay out the costs associated with various business activities. Businesses may set aside money for recruiting staff, marketing plans, stock purchases, and other forms of business expenses. Entrepreneurs can save money by adhering to a budget and avoiding spending it on non-essential business expenditures.
- Determine Revenue and Profits
Most often, a business will gauge its profitability through accounting. Businesses must determine how effectively they are employing their resources to produce services as well as how the cost of their inventory compares to their profit margin.
- Gain Insight
Small businesses may seek guidance from a certified public accountant. They offer a wealth of education, expertise, or skill when assisting entrepreneurs in arranging their business accounting processes. Business owners may also want expert advice when submitting tax returns and making sure all business-related expenses are covered at year’s end.
Grow Your Business With an Ottawa Small Business
Our team of chartered professional accountants at Smith & West develops tailored strategies to meet the requirements of your company. We do this by using in-depth expertise of the most recent CRA laws. You can trust that we always have your best interest and bottom line in mind. We’ll work with you to integrate tax consulting and advising services into the bigger financial picture of your small business.
Why Choose Smith & West as Your Accounting Firm
We are your trusted team for accounting, tax, & consulting with integrity, quality, and professionalism.
Chartered Professional AccountantsOur CPA team is committed to quality work based on a bedrock of knowledge.
One-Stop Firm for Accounting, Tax & FinanceWe have a depth of accounting & finance experience to meet all your needs.
An Individual, Customized ExperienceWe provide tax, accounting, & advisory solutions with a personable approach.
Our Estate Planning Services in Ottawa
No matter what your estate planning & estate tax needs may be, from simple to highly complex, our team of knowledgeable estate tax & planning professionals can help you out with a wide range of estate accounting services. Our line-up of estate tax planning services includes:
- Wills and Estates
- Estate Trust and income tax
- Estate law
- Trust tax returns
- Dissolving of Trusts
Contact us for more information about our estate planning services, and to find out how Smith & West can help ensure that your estate is well looked after.
Frequently Asked Questions
The trusted team for accounting, tax & consulting with integrity, quality and professionalism.