Collins Barrow Recruiting

What we do:

We are proud of our solid reputation for providing the highest quality assurance services on behalf of our clients – owners, lenders and shareholders.

Our general practice professionals who deliver assurance and accounting services are usually the same people who meet our clients’ corporate and personal tax compliance needs. This brings greater efficiency and a closer relationship between the client and you, their professional advisor. When things get tricky, our dedicated tax specialists are always available to help.

In the end, we do much more than help our clients comply with regulatory, tax and covenant requirements. We add value by really getting to know them, their business and their people. That helps us provide well-informed, personalized advice on topics like accounting systems, capital structures, cash management and myriad other issues facing businesses today.

Tax Planning

One of the main objectives of our client service teams is to minimize the tax our clients pay. When specialized advice is needed, we call on the resources of our specialty tax team. They have broad experience developing tax effective structures for our owner-managed clients by:

Structuring transactions in the most tax effective manner
Avoiding the pitfalls and tax traps in the Income Tax Act
Obtaining favourable advance rulings from Canada Revenue Agency
Achieving minimal tax for estate freeze and family trust structures
Answering the many questions associated with cross-border issues, particularly between Canada and the United States
Negotiating positive results and minimizing reassessments in the event of a tax audit
Dealing effectively with industry-specific tax issues in the real estate, oil and gas, and agriculture industries

Estate and Succession Planning

When our clients’ business is doing well and their wealth is growing, it may be time for them to start planning for an orderly and tax-effective transfer of assets to their children and grandchildren.

We help them by:

Arranging a succession and estate plan that is fair to all family members when only one of the children is interested in continuing the family business
Providing advice to professional couples without children, by helping them minimize the impact of income taxes that arise upon death
Protecting assets to be inherited by their children and designing the terms of wills to ensure disabled children will have appropriate compassionate long-term care after our client’s death, and sufficient assets to ensure their child's comfort during his or her lifetime
Share in a tax-efficient way the assets of their estate with a favourite charity

Business Improvement Consulting

Our key objective is to help our clients achieve the performance necessary to meet their goals. We start by understanding what they want to achieve, and work with them to tailor the strategies, controls and systems to get them there. We encourage all of our general practice team members to look for opportunities to add value to our clients’ business in addition to the traditional accounting services we provide.