There is more to planning than merely deciding where your dollars and cents go. Each plan needs to be personalized according to your specific situation in a way that gets you the best results. This is where Armstrong Accounting comes in. We provide professional advice and assistance in managing as well as planning for your future, whether personal or for your business. From planning for opening a start-up and closing or restructuring businesses, to personal planning for retirement, succession, and more, we can help you efficiently plan out all the details.
We majorly deal with the following three services:
Succession planning (when you wish to get the business to the next generation)
Whether you’re a business or an individual, we provide professional and actionable advice for planning your future. We help in the following ways:
Planning inter-generational rollovers of Qualified Farm Property and the necessary elections to defer the tax on the transfer of the family farm.
Carrying out purification of Canadian Controlled Private Corporations (CCPCs) in preparation for sale to ensure the availability of the Capital Gains Exemption.
Start-up planning for new businesses or restructuring of existing businesses to maximize tax efficiency or meet other shareholders/owner needs.
Retirement planning, including consultation with client lawyers or investment advisors to provide sound advice on the entire retirement situation.
Cash flow forecasting and various scenario analysis with clients to prepare them for the next stages of their lives.
Long-term planning with the intention of minimizing long-term taxes and maximizing wealth.
Providing multi-generational planning, with many of our clients now being the third generation of their family to utilize our accounting and advising services.
Contact us today to find out how we can plan, implement, and monitor a customized strategy that works for you.