Corporate tax & planning built for financial services professionals.
Financial planners, insurance brokers, and mortgage brokers operating through corporations face commission-based income structures, PSB risk, and industry-specific licensing costs that require a CPA who understands your regulatory environment.
What makes Financial Services accounting different.
Your industry has specific CRA rules, deduction strategies, and compliance obligations that general accountants often miss. Here is where we focus.
Commission Income Structuring
Commission income flowing through a corporation can be structured in different ways depending on your dealer or MGA arrangement. Tax treatment varies significantly.
PSB Risk
Like IT contractors, financial advisors incorporated to receive commission income may be at risk of PSB classification by the CRA.
Licensing & E&O Insurance
Professional licensing fees, E&O insurance, CE courses, and association dues are deductible — but must be documented correctly for CRA review.
Trailing Commissions
Recurring commission income from renewals and investment trails creates multi-year tax planning opportunities that a good CPA will identify.
Spousal & Family Compensation
For advisors with spouses involved in the business, legitimate compensation arrangements can reduce overall household tax within TOSI rules.
Holding Company & Wealth Building
High-earning advisors benefit significantly from a holding company structure that allows retained earnings to compound at lower corporate rates.
A CPA who speaks your language.
We bring industry-specific knowledge to every engagement — no learning curve, no missed deductions.
Commission Income Tax Planning
We structure your compensation flow to minimize corporate and personal tax while maintaining clear documentation for the CRA.
PSB Risk Management
We review your business arrangements and implement practices that support your status as an independent contractor in the eyes of the CRA.
Deduction Maximization
We ensure all legitimate deductions — licensing, E&O insurance, CE courses, home office, vehicle — are captured correctly.
Compensation & Retention Planning
We model your salary, dividend, and retained earnings strategy annually, and work with your financial advisor on wealth accumulation within your corporate structure.
Your annual corporate package.
Fixed fee, agreed upfront. No billable hours, no surprises.
Annual Package — Financial Services
Corporate Tax, Compliance & Tax Planning
Questions from financial services clients.
Get accounting built around your industry.
Book a free 15-minute call. No obligations, no jargon.