Tax Planning for Business Owners
Tax planning is a crucial aspect of financial management for business owners, and Sharma Wealth Management is committed to providing tailored solutions to minimize tax liabilities while maximizing savings and benefits.
We help business owners leverage tax-efficient investment strategies, deductions, credits, and retirement plans to reduce taxable income and ensure compliance with tax regulations.
Some of the tax strategies are as follows:
- Immediate Financing Arrangement (IFA)/
- Shareholder Immediate Financing Arrangement (SIFA)
- IRP (Insurance Retirement Planning)
- Holding Company
- Individual Pension Plan (RRSP Alternative),
- Tax efficient corporate withdrawal.