Capital Gains

Capital Gains and Tax Planning Strategies

The most savvy business owners and entrepreneurs realize the importance of operational efficiency and skillful organization. These are the result of careful strategic planning and implementation. The subject of capital gains can be a difficult concept for those not completely versed in tax planning and accounting. The good news is that Goddard & Associates is here to help. We are your one-stop source for all corporate and personal tax planning and preparation services. Let us take the guesswork out of capital gains and all other tax-related questions for you and the other relevant members of your team.

What are Capital Gains and How Do They Affect My Business?

Broadly defined, capital gains occur when there is an increase in the value of a capital asset that results in a higher value than the cost of the asset at the time of purchase. There are a number of considerations that business owners and entrepreneurs in Calgary should take into account when considering how capital gains affects their company. For example, long-term capital gains are generally taxed at a lower rate than short-term capital gains. This and other similar considerations should affect the manner in which entrepreneurs, directors, and managers are planning in terms of tax strategy, share structure options, and more. Goddard & Associates is uniquely positioned in Calgary to help you sort through all of these important questions, and make the most appropriate decisions for your unique organization.

Contact Us Today to Learn More

Goddard & Associates is happy to answer any and all questions you may have regarding capital gains and taxes. We understand that, as busy entrepreneurs and business owners, you have many duties. Let us help ensure that you are making the best and most informed decisions regarding tax planning and preparation. Please contact us today for more information.