Smarter Tax Strategies for Canadian Business Owners
At FINANCIAL SIMPLE, we help incorporated business owners reduce their tax burden, grow corporate wealth, and protect their legacy using advanced tax and insurance strategies—while staying 100% compliant with Canadian tax law.
Why corporate tax planning matters
As your business grows, so does your tax bill. But did you know most Canadian business owners are paying more tax than they should—simply because they haven’t structured their finances properly?
Corporate tax planning is not about cutting corners. It's about using the rules to your advantage, building long-term wealth inside your corporation, and ensuring your money works harder for you—not the CRA.
What we help you achieve
Reduce annual taxes paid by your business
Grow investments tax-efficiently within your corporation
Create a tax-advantage retirement income stream
Protect business cash flow from unnecessary tax exposure
Transition wealth to your family in a tax-smart way
Ensure your business succession is planned—on your terms
Strategies we use
We design and implement personalized plans based on your unique business structure, income, and long-term goals. Our core strategies include:
Income Splitting
Minimize family taxes by paying reasonable compensation to family members, either through dividends or salaries—legally and strategically.
Holding Companies & Investment Corporations
Use a holding company to isolate risk, shelter retained earnings and invest passively without affecting your active business income.
Corporate-Owned Life Insurance
Access the power of permanent insurance (like Whole Life or Universal Life) to:
Grow corporate assets tax-free
Fund buy-sell agreements
Cover taxes due on death
Unlock your Capital Dividend Account (CDA) for tax-free shareholder payouts
Individual Pension Plans (IRP)
We design structured retirement plans that allow for larger contributions than RRSPs—fully deductible by your corporation.
Capital Dividend Account (CDA) Optimization
We help you unlock tax-free dividends to shareholders through careful planning around investments, insurance, and capital gains.
Section 85 Rollovers & Estate Freezes
Transfer assets into a corporation or freeze their value for future generations—without triggering immediate tax.
The 83-12 Strategy (Advanced Tax Optimization)
Take advantage of Paragraph 83(2)(b) and Subsection 12.2 of the Income Tax Act to extract retained earnings through life insurance tax-free, while maintaining full control and ownership.
Who we help
Incorporated Professionals – doctors, dentists, lawyers, consultants
Family-Owned Corporations – looking to preserve and pass on wealth
Real Estate Investors – using corporations or holding companies
Small to Mid-Sized Enterprises (SMEs) – with $100k+ in retained earnings
Growth-Oriented Startups – preparing for future sale or succession
Why work with FINANCIAL SIMPLE?
With over a decade of experience, access to top insurance carriers and tax specialists, and a deep understanding of Canadian corporate structures, we provide:
✅ Tailored Tax Strategies for your unique goals
✅ Collaboration with your Accountant to ensure alignment
✅ Access to Advanced Tools—like corporate life insurance and IPPs
✅ Transparent Advice focused on long-term financial health
Our mission is to make complex planning simple and effective, so you can focus on running your business while we optimize your financial future.
Ready to pay less tax and build ore Wealth?
Let’s build a tax-efficient plan around your business and family goals. Book your free 30-minute consultation today and discover what’s possible with smart corporate planning.
Or contact us directly:
Phone: (647) 242-5676, (604) 362-9497, (825) 882-4117
Email: [email protected]
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TESTIMONIALS
What Our Clients Have To Say
I’ve worked with many insurance providers globally, but none have offered such personalized service. Their team truly goes above and beyond.
— John M.- From Chicago
Exceptional experience from start to finish. They took the time to understand my needs and offered the best solutions tailored to my situation.
— Sara K.- From Chicago
I’m impressed by their global reach and professionalism. Their quick responses and reliable support make them my top choice for health coverage.
— Carlos Garcia - From Chicago
Frequently Asked Questions
What makes your insurance plans different from others?
Our plans are tailored to meet individual needs, offering flexibility, competitive pricing, and a seamless claims process to ensure your peace of mind.
How do I know which plan is right for me?
Our experts provide personalized consultations to assess your needs and recommend the best plan that suits your health, budget, and lifestyle.
Can I make changes to my policy after purchasing?
Yes, we offer easy policy adjustments to ensure your coverage stays up to date with any changes in your life or needs.
Is my family covered under my insurance plan?
Yes, we offer family plans that cover all ages, ensuring your loved ones are protected with comprehensive care and support.
How quickly can I make a claim?
Our claims process is fast and efficient, allowing you to submit claims easily, with most claims being processed within 24-48 hours.4o mini
Offices
ON: 155, University Ave, Toronto, M5H 3B7,
Phone:(647)242-5676
BC: 1021 W Hastings St, Vancouver, V6C 2R6
Phone: (604)362-9497
AB: 9945 50th St NW, Edmonton, 5th floor, T6A 0L4
Phone: (825)882-4117