Tax Planning and Preparation

Tax efficiency is one of the most commonly ignored facets of building a financial strategy. Ignoring the impact of income taxes on your investments could hinder the growth of your overall portfolio and make it more difficult to reach your goals. At MDFS we can integrate your personal income tax situation into your investment strategy.

Personal Tax Return Preparation

Do thoughts of preparing your tax return bring feelings of anxiety? At MDFS we will meet with you in person to ensure that we have all your income tax slips and information needed, we can confirm directly with the CRA that none of your slips have been missed to avoid unexpected amendments, and we can make recommendations as to how you may save taxes either for the current year or in the future. We can also make recommendations for credits you may have missed and help amend previous returns.

Future Tax Projections

For those clients who are concerned about future tax implications, due to our expertise in tax preparation we are able to project taxes forward and give clients an estimate of how much tax they may owe either for the following year, in retirement or at any point that may be of concern. All of these projections are estimates based on the current years' tax rules, but this may help in planning for the future.

Investment Tax Planning

One of the largest mistakes a do-it-yourself investor can make is not using the tools available to optimize the tax efficiency of your portfolio. Using the principles of tax deferral or tax avoidance we can help you streamline your investments to reduce your overall taxes owing. For investment accounts that are non-registered we can recommend products that are built to be tax efficient but nonetheless have excellent track records of performance.

For a Free Consultation

Our mutual fund dealer is Investia Financial Services Inc.

Insurance products are provided through multiple insurance carriers.

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