Types of trusts serviced: Estates, Family trusts,
Immigrant trusts, Non-resident trusts, Testamentary trusts and
Inter-vivos trusts
Income tax
- Preparation of T3 tax returns, T3 Summary and T3
Supplementaries
- Dealing with Canada Revenue Agency (“CRA”)
(e.g. Audits, correspondence, questions, etc.)
- Reviewing correspondence from CRA and advising on
appropriate reply
- Tax planning
- Estate planning
- Coordination with lawyer to establish trust
- Reporting foreign assets
- Assisting non-resident trusts file Canadian tax return(s), as required
Accounting
- Preparing monthly / quarterly / annual financial
statements
- Training for manual bookkeeping system
- Set-up and training for computerized bookkeeping system
using “QuickBooks” software
GST, if commercial activities
- Registration with CRA
- Preparation of quarterly / annual returns
