Providing innovative approaches to
your different income tax scenarios
Applebaum, Commisso LLP
(est. 1970) is a highly-respected public accounting firm serving the needs of its clients in the Markham and the Greater Toronto Areas.
Each client is unique and comes to us with a particular set of needs and
accounting interests. We listen to you and work with you to deliver
responsible and optimal financial services, guided by your individual needs.
(905) 477-6996 (416) 494-4892
CALL TODAY!
OUR CLIENTS
What do you do when you have a quick question and want the
advice of a financial expert you trust? As a business owner, you
are responsible for maintaining accurate financial records and
making regular financial decisions that will greatly impact the
success of your business. At Applebaum, Commisso we invest
in long-term relationships with our clients. We take pride in
making ourselves accessible and available when you need us.
We work with businesses big and small, sole proprietorships,
corporations, and non-profits. Our team of experts has extensive
financial training and knowledge gained from years of experience
in various sectors of industry. And we want to share
this knowledge and experience with you.
Which one are you?
Business
Owner
Family
Business
Wealth Management
& estate planning
Professionals
Corporations
Not-for-Profit/
Charities
Business
Owner
If you are thinking of establishing a new business or practice, or you want an expert’s perspective on your current business then give us a call. We will partner you with an accountant with extensive experience in your industry who can walk you through this process.
Are you thinking of expanding and growing your business?
Speak to us.
We can help business owners with:
- Deciding whether to incorporate
- Preparing tax returns on time with the best results possible
- Restructuring your current business structure to utilize the small business deduction and capital gains exemption
- Providing assurance level financial statements (notice to reader,
reviews and audits) - Working with your lender to meet reporting requirements and obtain additional funding if required
- Salary and dividend options
- Preparing budgets and future projection information
- Preparing personal tax returns
- Issuing T4, T5s, T5013s
We invite you to contact us today for a free consultation to learn
how a partnership with Applebaum, Commisso will benefit you.
Family
Business
Some of the most successful Canadian businesses are family owned businesses. These are not just mom and pop enterprises. Family businesses bring an array of complexities that need to be carefully examined in order to be successful. Applebaum, Commisso understands these complexities first hand and has worked with hundreds of family owned businesses to navigate through succession planning, family dynamics, estate planning and more. The following is
a list of services our staff can provide to Family Owned Businesses:
- Succession planning and restructuring
- Family trust utilization
- Salary vs. dividend strategy
- Bookkeeping, including payroll remittances and HST filings
- Financial statement preparation
- Preparing and filing corporate and personal returns including T2125
if required.
We invite you to contact us today for a free consultation to learn
how a partnership with Applebaum, Commisso will benefit you.
Wealth
Management
& estate
planning
Is your lawyer talking to your investment advisor and is your investment advisor talking to your insurance advisor? Is someone coordinating these professionals to ensure they are working toward your personal financial goals? Consider us as the Project Manager or Team Leader of your financial team. Our goal is to optimize your family’s wealth and estate and to minimize, as much as possible, the taxation associated with such wealth. Our staff will coordinate these efforts and work with you to ensure you maximize your earnings and maintain your holdings. There is an array of tax efficiencies that should be considered by high net worth individuals and we are here to implement these for you.
The following is a list of Wealth Management services our staff can provide:
- Ensure proper utilization of capital gains and non-capital losses
- Establish a family trust to spread income and utilize the capital
gains exemption - Prepare net worth statements
- Date of death returns including planning to limit probate taxes
- Succession planning
For more information about how a partnership with
Applebaum, Commisso will work for you, we invite
you to call or contact us for a free consultation.
Professionals
Not all Canadians are familiar with Canadian tax regulations for professionals and how to file their tax return. Many of our clients are hard-working professionals who work to support themselves and their families and could benefit from a professional accountant to help guide them through their most important financial decisions. Here is where our team of experts is available to help you. We don’t expect you to know about tax compliance, financial accounting and cash flow projections. Our accountants attend hours of annual professional development to ensure they have the most up-to-date knowledge relating to tax impact to professional practices operating in Canada.
The following is a list of services our staff can provide to everyday professionals:
• Deciding whether a professional corporation makes sense for you
• Buy and sell decisions and whether it is in your best interest to
purchase shares or assets
• Bookkeeping including payroll remittances and HST filings (if required)
• Succession planning
• Salary vs. dividends decision making
• Restructuring to utilize a family trust and a holding company
• Structuring partnership arrangements
• Preparing and fling corporate and personal returns
• Financial statement preparation
We invite you to contact us today for a free consultation to learn
how a partnership with Applebaum, Commisso will benefit you.
Corporations
Corporations have a unique set of guidelines they must follow to
remain in good standing with the Canadian government. Don’t let your corporation be penalized because you were unaware of your filing obligations and your responsibilities to your shareholders and to the government. Most corporations have a team of in-house bookkeepers, accountants, and controllers, but consider it a responsible investment in your corporation to have an external set of eyes to review and advise you. Applebaum, Commisso counts many corporations among its clients and can offer your corporation the sound advice you deserve.
The following is a list of services our staff can provide to Corporations:
- Corporate tax return preparation
- Dividend vs. salary determination
- Utilization of small business deduction and capital gains exemption
- Loss carry back applications
- HST and payroll filings
We invite you to contact us today for a
free consultation to learn how a partnership
with Applebaum, Commisso will benefit you.
Not-for-Profit/
Charities
Not-for-profit & Charities in Canada are regulated by the Canada
Not-for-profit Corporations Act. It provides federal not-for-profit corporations with a set of rules that are modern, flexible and better suited to the needs of today's not-for-profit sector. Applebaum, Commisso has been representing not-for-profit clients for many
decades and has extensive experience working to optimize their
financial operations.
The following is a list of services our staff can provide to Not-for-profit
& Charities:
- Financial statement audit of charities including: Not for profits, registered charities and condo corporations
- Taking measures to comply with the new Canada Not-for-Profit Corporations Act.
- Establishing a proper internal control system to help eliminate potential fraud or accounting errors
- Filing charity returns including T3010 and T2 (if required)
- Help with budgeting to ensure spend quota being met
We invite you to contact us today for a free consultation to learn
how a partnership with Applebaum, Commisso will benefit you.
The key benefits of working with Applebaum, Commisso LLP Chartered Professional Accountants include:
Applebaum, Commisso LLP strives to provide our clients with a wide range of professional services designed to meet their special
and ongoing needs.
The key benefits of working with Applebaum, Commisso LLP Chartered Professional Accountants include:
Our competitive edge rests in our ability to provide you with timely
and personalized services.
The key benefits of working with Applebaum, Commisso LLP Chartered Professional Accountants include:
We have expertise in all areas of taxation - including corporate, personal, estate, and goods and services taxation. Clients frequently call upon our experienced tax professionals to structure pending transactions in order to achieve the greatest tax benefits.
The key benefits of working with Applebaum, Commisso LLP Chartered Professional Accountants include:
Continuous training and leading-edge technology provides our service team with the knowledge
to assist you in all financial aspects of your business.
The key benefits of working with Applebaum, Commisso LLP Chartered Professional Accountants include:
You will receive valuable insights
on procedures that will keep your business on the right track.
Breadth of knowledge and services
An unmatched level of superior customer service
Significant tax experience
Knowledgeable Staff
Cost-Effective Results
Our growth and success
are achieved by continuing
our commitment to meet and
exceed our clients’ expectations.
Call today!
Toronto Line:
(905) 477-6996
(416) 494-4892
Applebaum, Commisso LLP Chartered Professional Accountants
Contact Info
Each client is unique and comes
to us with a particular set of needs and accounting interests. We listen to you and work with you to deliver responsible and optimal financial services, guided by your individual needs.
Quick Links
2800 14th Avenue, Suite 400
Markham, ON L3R 0E4
T: (905) 477-6996
T: (416) 494-4892
F: (905) 477-9381
Call today!
(905) 477-6996
Toronto Line:
(416) 494-4892
Email:
