Personal Tax

A strong personal tax strategy involves much more than simply preparing and filing your tax return. High net worth individuals, business owners, corporate directors and executives often face complex tax scenarios. We help you keep up with changes in tax legislation, develop an effective financial plan and protect your personal and family wealth, as well as your estate’s value. We provide advice on a range of personal tax considerations to ensure you’re meeting your tax obligations while minimizing your exposure.

Solutions for Your Success

  • Canadian Personal Tax

    We develop a customized plan tailored to your individual needs to ensure you get the most out of tax-saving opportunities, including: Personal tax planning and advisory services, Owner-manager tax planning and advisory services, Financial and retirement planning and Personal, trust and partnership tax compliance.

  • U.S. Personal Tax

    Whether you are a U.S. citizen or green card holder in Canada, or a Canadian resident, MNP tax advisors bring an in-depth understanding of tax laws on both sides of the border, helping you avoid or minimize double taxation.

  • Trust and Estate Tax

    Reduce the risk of probate fees and other related costs; our estate planning services include: Income tax planning, Will planning, Structuring estate freezes, Use of insurance as a planning and investment tool, Post-mortem planning, Reviewing trusts for income splitting and Charitable gift planning.

  • Succession Planning

    Succession planning is a complex process and should be started sooner rather than later. Your MNP tax advisor can assist you with: Tax planning and advisory services, Business valuation, Retirement planning and Business succession planning.

  • Personal Wealth Planning

    We work with you to optimize your portfolio by delivering a full range of planning strategies, including: Financial planning Asset protection Estate and business succession planning Tax planning for income splitting and intergenerational transfers of wealth 

    Insights

    • Performance
      Hand holding tablet

      July 09, 2021

      Budget 2021 Professionals Must be Mindful of the Proposed Immediate Expensing Rules

      Changes from the 2021 budget could have a significant impact on tax strategies for professionals.

    • Performance
      Parliament building with flag

      June 23, 2021

      Tax Alert: Bill C-208 approved

      Bill C-208 allows the intergenerational transfer of certain family businesses to receive the same tax treatment as businesses sold to a third party. Find out how it could apply to you and your business.

    • Performance
      Newfoundland

      June 02, 2021

      2021 Newfoundland and Labrador Budget Highlights

      Newfoundland and Labrador Finance Minister Siobhán Coady tabled the province’s 2021 Budget. Titled Change Starts Here, Budget 2021 focuses on emerging from COVID-19 and investing in health and education to build stronger communities.