Ari Kurk, CPA

Strategy

Having worked for various accounting firms during my career, it became apparent to me that accounting firms control costs by only pursuing those tax credits and deductions that are not time-consuming to claim. Although this strategy may control costs, it is not always in the best interest of clients since they may be missing out on significant tax savings year after year. It has always been my strategy to investigate and inform clients of their options so they can decide what is in their best interest.

Owner Manager

Planning Service to clients often includes a review of historical tax returns and financial statements to gain an understanding of their personal and business finances. After an initial review, I will meet with them to identify their business and personal objectives. I will advise if they are overlooking deductions, point out income shifting opportunities and devise tax saving approaches.

Tax Compliance

I advise on and prepare personal, corporate and trust income tax returns. My goal is to save money for my clients by maximizing deductions and reducing their overall tax liability.

Real Estate

The Canadian Income Tax Act requires certain disclosure and/or tax withholding requirements with respect to non-residents of Canada owning or selling Canadian real estate. I work closely with lawyers and real estate agents on compliance issues for non-residents of Canada. I outline holding strategies that can maximize deductions and minimize Canadian and foreign income tax. In addition, I help prepare and obtain certificates in respect of proposed disposition of Canadian real estate to reduce or eliminate withholding tax implications.

Estate, Family and Retirement Planning

Estate planning often involves directing future growth in appreciating assets to succeeding generations. I will work with your family to develop succession strategies while preserving management's control and flexibility. Effective estate planning strategies may also include probate planning and use of insurance products that have favourable income tax attributes. Insurance products often provide positive cash flow and permanent income tax savings.

Research and Development, Government Grants and Other Programs

Governments provide numerous programs to aid business. I help clients find the right government assistance in their circumstances.

International Taxation

I assist US entities operating in Canada and individuals with cross-border tax issues. My services include tax planning, return preparation, structuring of operations and representation before tax authorities. I help obtain Canadian federal waivers from withholding tax for non-resident contractors working in Canada.