Personal Tax Services
Tax Planning and Guidance for Individuals
Every taxpayer deserves to have their annual tax filings prepared and filed with precision and accuracy. KV & Associates provides comprehensive personal tax services that ensure you benefit from every available tax incentive and credit to minimize your tax obligations.
Whether you’re salaried, self-employed, or earn income from rental properties, taxpayers in Canada are required to file income taxes by April 30 of each year (June 15 for self-employed individuals). No matter how simple or complex your particular tax situation is, KV & Associates is ready to handle it. We also help you with unfiled prior years’ tax returns to achieve compliance.
Income tax planning is an essential tool for best optimizing your personal taxes ahead of year-end. It’s particularly helpful for individuals with multiple income streams, expected capital gain, and more. We conduct a proactive review of your personal tax position to ensure all tax issues are fully understood, and any opportunity to mitigate taxes due is executed.
Our experienced retirement advisors provide financial retirement planning services that ensure you have adequate funds and assets available when you choose to retire. Our approach is tailored to meet your unique needs and delivers innovative solutions that help you achieve your long-term financial goals while securing your future.
It’s never too soon to plan for the seamless and financially sound transition of wealth from one generation to the next. At KV & Associates, we know you’ve worked hard for your assets and want to see them allocated to your beneficiaries in the best possible way. From setting up trusts to implementing strategies to minimize taxes, a proactive estate plan ensures your wealth is properly dispersed according to your wishes.
Planning for retirement, maximizing your wealth, and minimizing your taxes are the primary reasons for consulting with a professional CPA about your personal taxes. Tax planning helps you use various exemptions, deductions, and benefits to achieve financial freedom in the most tax-optimized manner. We can advise you on other tax planning techniques like Registered Education Savings Plan (RESP) contributions and Tax-Free Savings Accounts (TFSAs). As tax planning for individuals is an ongoing process, it’s always a wise investment to consult with an Alberta-based chartered professional accountant for proper tax guidance.
When you consult with KV & Associates, you get the advice and guidance you need to turn your financial frustrations into fiscal freedom. We specialize in consulting sole practitioners and small or medium-sized businesses in a range of industries and sectors. Talk to us today to learn more about how we can help you overcome your business challenges so you can achieve all your business goals.