Accounting for your industry
Accounting for holding companies & families.
Holdcos, investment corporations and family tax planning, with personal and corporate returns coordinated together.
- Holding companies
- Passive income
- Family tax planning
Questions worth getting ahead of
- Coordinating personal and corporate returns across the family
- Tracking passive investment income inside a corporation
- Planning dividends, salaries and shareholder loans together
Plan the family’s returns as one file
Income from several sources, such as dividends, investments, rental properties and a holding company, is best planned together rather than return by return. Explain who owns what, how funds move between the companies and the family, and what you expect to change. The corporate and personal work is then coordinated by the partner who knows the whole picture.
Keep the holding company’s records current
A holding company still needs bookkeeping, financial statements and a T2 each year, and passive income inside a corporation has its own tax rules. Keep investment statements, intercompany balances and shareholder-loan records organized so year-end planning is done on the facts, not reconstructed after the deadline.
Support to discuss with Sora
Corporate tax
Your T2 filed accurately and on time, with year-end planning that keeps more money in your business.
What it involves TaxPersonal tax
Your personal return done right, whether it’s simple or includes self-employment, rental or investment income.
What it involves AccountingFinancial management
Financial management support built on clear, current bookkeeping.
What it involves AccountingBookkeeping
Monthly books in QuickBooks or Xero, reconciled to the bank and ready for tax time. We can also set up or clean up your system.
What it involvesStart with the way your business works
Tell the team how you earn revenue, which systems you use, how current your records are and what decision or deadline is coming next. That context helps identify the work to discuss — rather than assuming every business in your industry needs the same package.