Business Details
Your Trusted Partner for Tax and Accounting Solutions
At KMA, we pride ourselves on delivering exceptional accounting and tax services tailored to the unique needs of individuals and businesses across the mid-Vancouver Island region. Our team of seasoned Chartered Professional Accountants brings decades of combined experience in both Canadian and U.S. tax compliance, financial reporting, and strategic advisory services. We are committed to maintaining the highest standards of technical expertise, ensuring our clients receive accurate, timely, and insightful solutions that drive financial success.Our dedication to personalized service and continuous professional development positions us as a trusted partner for navigating complex tax landscapes and achieving long-term business goals. With a focus on transparency, integrity, and client-centricity, we strive to build lasting relationships grounded in trust and measurable value.
Services
Personal Tax Preparation
U.S. Tax Services
Corporate Tax Compliance
Estate Planning
Financial Statement Audits
Bookkeeping Services
Succession Planning
Cross-Border Tax Advice
Corporate Restructuring
Payroll Filings
Highlights and features
- We offer specialized expertise in U.S. and Canadian tax compliance for cross-border clients.
- Our team provides personalized financial planning to minimize tax liabilities and maximize savings.
- We deliver timely, accurate financial statement assurance services for businesses of all sizes.
- Our CPAs hold advanced certifications in tax and accounting standards.
- We prioritize client education to ensure informed decision-making on complex financial matters.
Associations and certifications
- Chartered Professional Accountants (CPA)
Services
Personal Tax Preparation
We prepare accurate Canadian and U.S. personal tax returns, ensuring compliance with evolving regulations. Our team identifies deductions and credits to minimize liabilities while advising on cross-border tax implications. Clients benefit from tailored strategies to preserve wealth and meet reporting obligations.
Corporate Tax Compliance
Our services include corporate tax return preparation, audit support, and compliance with federal and provincial regulations. We help businesses structure operations to reduce tax exposure and maintain accurate records for CRA and IRS audits.
Estate Planning
We develop customized estate plans to ensure smooth asset transfer while minimizing tax burdens. Our approach integrates legal and financial strategies to address family needs and preserve generational wealth through trusts and succession frameworks.
Financial Statement Audits
We conduct audits in accordance with Canadian standards, providing assurance on financial statements for stakeholders. Our process ensures transparency and compliance for businesses seeking financing, regulatory approval, or investor confidence.
Cross-Border Tax Advice
We advise on U.S.-Canada tax treaties, foreign asset reporting, and residency rules. Our expertise helps clients navigate FATCA, FBAR, and PFIC requirements to avoid penalties and optimize cross-border investments.
People
Douglas K. Parkhurst
Owner
With over 25 years of experience, Douglas specializes in cross-border tax compliance and business advisory. He leads KMA's strategic direction, ensuring clients receive expert guidance on complex tax matters.
Alison Gascoigne
Senior Manager
Alison oversees corporate tax services, focusing on financial reporting and compliance. Her expertise in audit engagements ensures clients meet regulatory standards while optimizing financial processes.
Lisa Munroe
Manager
Lisa specializes in personal and corporate tax planning, with a focus on estate strategies. She provides actionable advice to minimize liabilities and support long-term financial goals.
Questions
Do I need to file a U.S. tax return if I'm a Canadian resident?
Yes, if you're a U.S. citizen, green card holder, or have U.S. filing requirements, you must file a U.S. return regardless of residency.
Can KMA assist with both Canadian and U.S. tax preparation?
Yes, we specialize in cross-border tax services for individuals and corporations in both countries.
What accounting services do you offer for businesses?
We provide audits, reviews, notice-to-reader engagements, and financial statement preparation tailored to client needs.
Do you help with estate and succession planning?
Yes, we offer strategic planning to ensure smooth business transitions and tax-efficient estate distribution.
How do you handle complex tax situations like foreign asset reporting?
We guide clients through FBAR, FATCA, and Form 8938 requirements to ensure compliance with U.S. and Canadian regulations.
