Personal Tax

Blue Ocean has proven strategies to help reduce issues of growing taxes. When surprises take place or needs change, we are capable of fixing or managing any situation, including:

  • Expensing on the job
  • Dealing with family or other individual’s taxes
  • Large inheritances
  • Switching to independent contracting
  • Investments
  • Separation and divorce
  • Dealing with family or other individual’s taxes
  • Partnership and proprietorship registrations
  • Rental properties
  • Employer stock options
  • Terminations and layoffs

 

Outsourcing to our expert team just makes good sense when new tasks arise that you don’t have time or resources to handle. For example, we can handle tax returns annually for you when the time arrives as this can take up a lot of time and hours and clients may want to avoid making mistakes or missing important information. Common tax planning questions may include:

 

  • Insurance requirements.
  • Investment borrowing.
  • Post-death minimization of taxes.
  • Tax reduction through investment restructuring.
  • How to deal with trusts in tax planning.
  • Splitting income with other family members.
  • Retirement affordability and timing.

Please complete Checklist-T1 before your appointment.