Business Details
5 Years
experience
Your Trusted Accounting Partner in Toronto
WhiteGold Tax & Accounting is a dedicated team of financial professionals committed to providing comprehensive accounting, tax, and debt management solutions. With a focus on personalized service, we assist individuals and businesses in navigating complex financial landscapes, ensuring compliance while optimizing tax efficiency. Our expertise spans real estate accounting, corporate restructuring, and strategic debt settlement, tailored to meet the unique needs of each client. We prioritize client satisfaction by delivering accurate, timely, and transparent services, fostering long-term partnerships built on trust and expertise.Our team stays abreast of evolving regulations to offer informed guidance, helping clients achieve financial stability and growth. By combining technical proficiency with a client-centric approach, we aim to simplify financial management for our clients. Established in 2021, we bring a fresh perspective to traditional accounting practices, leveraging innovative methods to enhance service delivery. Our mission is to empower clients to focus on their core objectives while we handle their financial complexities with precision and integrity.
Services
Accounting Services
Tax Preparation
Debt Settlement
Real Estate Accounting
PREC Structuring
Tax Minimization
Corporate Restructuring
Estate Planning
Payroll Services
HST Reporting
Details
- Year established: 2021
Highlights and features
- We specialize in real estate accounting and tax strategies for Ontario businesses.
- Our team offers personalized debt settlement solutions with proven success rates.
- We provide tax minimization strategies combining accounting and legal expertise.
- We focus on PREC (Personal Real Estate Corporation) structuring for tax efficiency.
- Our client testimonials highlight exceptional support and financial optimization results.
What people say
Best possible way to plan
Trusted advisor
Saved thousands in taxes
Debt retirement program
Tax efficiency expertise
Services
Accounting Services
We provide comprehensive accounting services for individuals and businesses, ensuring accurate financial records and compliance. Our team streamlines payroll, tax filings, and internal accounting processes with precision. Specializing in small to mid-sized companies, we optimize efficiency while maintaining continuity and consistency in financial operations.
Tax Preparation
Our tax preparation services cover personal and corporate needs, including unfiled returns and audit support. We employ strategies to minimize liabilities while ensuring compliance with Canadian and US regulations. With client/lawyer privilege protection, we handle complex cross-border tax scenarios and corporate structuring for optimal outcomes.
Debt Settlement
We negotiate with creditors to reduce debt burdens through tailored management programs. Our experts analyze income, assets, and liabilities to create sustainable repayment plans. Services include consumer proposals, bankruptcy guidance, and interest reduction strategies, with a proven track record of resolving 90% of credit card debts for past clients.
Real Estate Accounting
Specialized accounting for real estate professionals managing high-volume transactions. We implement tax-efficient structures to reduce liabilities and protect assets. Our services address unique industry challenges, including crypto investments, property management expenses, and compliance with evolving provincial regulations for Ontario realtors.
PREC Structuring
We help real estate agents establish Personal Real Estate Corporations (PRECs) to maximize tax benefits. Services include incorporation, minute book setup, and income-splitting strategies. Our expertise reduces tax rates from 50% to 12.2% corporate rates while enabling asset protection and deferred income opportunities for Ontario realtors.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll processing, HST/GST reporting, and corporate tax filings tailored to small businesses.
How can a PREC benefit Ontario real estate agents?
PRECs allow realtors to access corporate tax rates (12.2%), income splitting, and expense deductions unavailable to sole proprietors.
Do you handle cross-border tax compliance?
Yes, we prepare both Canadian and US corporate/personal tax returns and optimize structures for cross-border business operations.
What debt relief options are available?
We offer consumer proposals, debt settlement negotiations, and bankruptcy guidance with penalty reduction strategies for tax arrears.
Can you help with unfiled tax returns?
We resolve overdue returns through CRA's Voluntary Disclosure Program, reducing penalties and interest charges.
Do you provide estate tax planning?
Yes, we implement trust structures and secondary wills to minimize probate taxes and protect family assets.
