OWNER-MANAGER TAX PLANNING
Bring your business and personal tax decisions together.
As a business owner, decisions about your corporation can affect your personal plans. KKL CPA offers owner-manager tax planning support to help you explore those connections and consider your next steps.
START WITH YOUR QUESTIONS
What are you deciding as an owner?
You may be thinking about how to pay yourself, considering a business change, or bringing longer-term plans into focus. Start with the decision ahead and the questions you need answered.
Paying yourself
You want to discuss owner compensation in the context of your business and personal circumstances.
Connecting business and personal priorities
You want your planning conversation to consider both the corporation’s needs and your own.
Planning a business change
You’re considering changes to ownership or structure and want to understand the questions to address.
Looking further ahead
You have future goals and want to identify which planning matters deserve attention.
HOW WE CAN HELP
Consider the decision in the context of your wider circumstances.
Owner-manager planning starts with understanding your corporation, personal priorities, and proposed changes. We’ll discuss the questions involved and agree on the scope of advice needed.
A
Owner compensation planning
Discuss questions about taking income from your corporation in light of your circumstances and goals.
B
Corporate and personal tax coordination
Consider where business and personal tax matters intersect and require a connected discussion.
C
Ownership and structure questions
Explore the tax planning questions raised by proposed changes to your business.
D
Planning around future goals
Identify matters that may need further analysis as your business and personal plans develop.
A CONNECTED VIEW
Your goals, your business, and your timing all matter.
A useful planning conversation brings together what your business needs, what you want to achieve personally, and when decisions need to happen.
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Your business
Its current circumstances, financial information, and upcoming commitments.
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Your personal priorities
The needs and goals you want the planning discussion to consider.
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Your timeline
Proposed changes, important dates, and decisions that require attention.
WHAT A CONVERSATION CAN LOOK LIKE
“My business is changing.
Should I review how I pay myself?”
A question about owner compensation may lead to a broader discussion about business commitments, personal income needs, and future plans. The starting point is understanding the circumstances before considering options.
Q1
What has changed in the business?
Q2
What personal needs should the discussion consider?
Q3
What information is available to assess the situation?
Q4
When does the owner need to make a decision?
BEFORE YOUR FIRST DISCUSSION
Start with the decision you want help making.
You don’t need to arrive with a complete plan. A brief overview of your business, priorities, and questions helps establish what support may be appropriate.
I
Your business overview
Describe what the business does and your role as an owner.
II
Your current question
Explain the decision, change, or concern that prompted your inquiry.
III
Your priorities
Identify what you want the discussion to help you understand.
IV
Your timing
Mention proposed transaction dates or other relevant deadlines.
WORKING WITH KKL
Move from a broad question to a defined next step.
We begin by understanding the decision ahead, then clarify the information and analysis needed within an agreed engagement.
01
Understand your priorities
Discuss your situation, questions, and relevant timing.
02
Define the engagement
Agree on the scope, responsibilities, fees, and information required.
03
Examine the relevant considerations
Review the information and planning questions covered by the engagement.
04
Discuss findings and next steps
Understand the analysis, outstanding considerations, and proposed actions.
THE PEOPLE BEHIND YOUR PLANNING
Work with people who take time
to understand the question.
Get to know the KKL team, their professional backgrounds, and their areas of focus. A useful planning relationship begins with clear communication and an understanding of your priorities.
LET’S DISCUSS WHAT’S AHEAD
Bring your business questions and personal priorities into one conversation.
Tell us what you’re considering, what you want to understand, and when you need to make a decision. We’ll discuss the appropriate next step.
Choose Burnaby or Delta as your preferred office when submitting your inquiry.
OUR LOCATIONS
Connect with us in Burnaby or Delta.
Find office details, plan your visit, or contact the KKL team to discuss your needs.
Burnaby office
Connect with our Burnaby office for accounting, tax, and business advisory inquiries.
Suite 370, 9940 Lougheed Highway
Burnaby, BC V3J 1N3
(604) 497-0105
Delta office
Contact our Delta office to discuss your accounting needs and arrange your next step.