David Chiu Inc. has been serving the Vancouver community since 1983, providing general and tax accounting services for business and individuals. Specializing in corporate and personal tax accounting, Colin welcomes new faces and strives to add them to his family of happy repeat clients.
Please inquire about a service you need if you do not see it in the summarized list below.
Tax Planning & Preparation
Tax planning and preparation form a winning combination for our successful individual and business clients. Our experienced staff can develop tax-minimization strategies to budget your taxes and optimize your after-tax position. Specific services include:
Corporate Income Tax: T2 and Business Planning for small businesses, home-based businesses and new start-ups
Personal Income Tax: T1 for (amongst others) entertainment industry workers, construction trades, professionals, and commission agents: employed and self-employed.
Tax Trouble-Shooting: for unusual circumstances and non-standard incomes or deductions.
Immigration and Emigration
Canadian tax law includes a number of special rules that apply to immigrants and emigrants. Our teams of experts are able to advise both individuals and corporations planning to establish or relinquish Canadian residency.
We can assist you in the preparation of your financial statements in accordance with professional standards. We express no opinion or other assurance on the underlying information included in them. The financial statements produced are a useful tool for making financial decisions.
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
- General ledger & financial statement preparation
- Accounting system setup for new businesses
- Compilation of financial statements
- Bookkeeping (Monthly/Quarterly/Annual)
As you develop your investment strategy, we will act as your sounding board. We can help you and your investment advisor structure an investment portfolio that takes into consideration the impact of taxes and produces a favorable after-tax return.
Successful implementation and periodic review of your trust & estate plans will ensure financial independence extends from your working years through your retirement years.
US Citizen resident in Canada
We can help you complete your US 1040 and US 1040NR reporting requirements.