Tax planning built for incorporated consultants and engineers.
Incorporated consultants face a unique set of CRA challenges — from Personal Service Business rules that can eliminate your Small Business Deduction to SR&ED credits that most accountants leave on the table.
What makes Consultants & Engineers accounting different.
Your industry has specific CRA rules, deduction strategies, and compliance obligations that general accountants often miss. Here is where we focus.
Personal Service Business Rules
If the CRA determines your corporation is a PSB, you lose the Small Business Deduction and most business deductions. This is the top risk for IT contractors.
SR&ED Tax Credits
Engineering and software activities often qualify for SR&ED credits worth 15–35% of eligible expenditures. Many consultants leave these unclaimed.
Home Office Deductions
A significant portion of home expenses can be deducted if you maintain a home office — but calculations must be correct and substantiated.
Intercompany Transactions
Consultants with multiple entities must ensure intercompany fees and dividends are structured to withstand CRA scrutiny.
Project Revenue Timing
Revenue recognition for multi-phase contracts has tax implications that need to be managed carefully across fiscal years.
Salary vs. Dividend Optimization
Determining the right compensation mix annually — accounting for CPP, RRSP room, and retained earnings — can save thousands each year.
A CPA who speaks your language.
We bring industry-specific knowledge to every engagement — no learning curve, no missed deductions.
PSB Risk Assessment & Mitigation
We review your contracts, client relationships, and business practices to assess PSB exposure and implement strategies to demonstrate genuine independent business operation.
SR&ED Credit Identification
We review your project work to identify eligible SR&ED activities and coordinate with specialists where significant credits are available.
Corporate Structure Planning
We help establish or optimize your operating and holding company structure for tax efficiency and long-term wealth accumulation.
Annual Tax Optimization
We model salary, dividends, and retained earnings annually to minimize your combined personal and corporate tax burden.
Your annual corporate package.
Fixed fee, agreed upfront. No billable hours, no surprises.
Annual Package — Consultants & Engineers
Corporate Tax, Compliance & Tax Planning
Questions from consultants & engineers clients.
Get accounting built around your industry.
Book a free 15-minute call. No obligations, no jargon.