Testimonials

“I’ve been fortunate in my career, but in the last 18 months with Facet my growth has been unprecedented as a result of exposure to much broader experience than I’ve ever had before…and I’ve still been able to enjoy my family.”

“Working as a manager with Facet has allowed me the opportunity to do what I love; mentor and support the development of others. Now that I am recognized for my potential and have the support required to grow, I’m living my passion. I am proud to work for a company that is so committed to their employees.”

“Facet has provided me with huge opportunities for career and learning growth, while maintaining a true “work-life balance.” Facet is always willing to assist me in accomplishing my tasks and achieving my goals. I feel very fortunate to be a part of an organization that empowers their employees.”

“Our work provides direct benefit to our clients instead of being ‘a necessary evil.’ We make a difference in their everyday accounting and business needs, and provide value added services.”

“We work at Facet because of the people who run and work in the organization.”

“As accounting professionals we have direct access to first-class professional expertise.”

“Facet fosters an environment where employees are encouraged to explore their innovative and progressive ideas because our ultimate goal is to constantly improve employee/firm and client/firm relationships.”

“Facet recognizes my potential and supports my growth.”

“State of the art technology for filing of client documentation to enable our office to be paperless is great.”

“I moved to Facet expecting a large variety of corporate and personal clients and engagements, as well as work-life balance. I’m very pleased to say the firm has exceeded all my expectations. The office is very integrated with tax and assurance working together to provide comprehensive solutions to our clients. And with continuity on engagements, strong working relationships are developed with our clients. Also, professional development is heavily emphasized within the firm. I’m really happy to be working here.”

“Facet is a very rewarding place to work because of the strong team approach when working with clients. The combination of a variety of perspectives (accounting, tax, and advisory) on individual clients needs results in superior service, and enhanced value to the client. It also promotes continuous professional development and growth amongst the professional staff. I truly enjoy working at Facet.”

Quick Tips

Tax

If your business is not incorporated, you can write off business losses against other income.
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Debt Management

Take advantage of low interest rates to refinance and reorganize your debt.
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Tax

If you stayed home to raise young children, apply for the Child Rearing Drop-out when you apply for any CPP benefits.
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Business Management

Make sure that you have a great bookkeeper.
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Debt Management

If possible, utilize financing options that calculate interest on net borrowings by offsetting cash balances that you may have against your debt.
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Tax

Snowbirds, note: A second home or cottage is regarded as personal-use property if used primarily by the taxpayer or a relative (or beneficiary).
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Tax

A single person can claim a tax credit for a dependent child, grandchild, sibling, parent or grandparent.
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Tax

Utilize an Employee Health Services Plan in your business to reduce the after-tax cost of your medical expenses.
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Tax

Combine donations made by both spouses onto only one tax return to maximize the tax benefits.
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Financial Planning

Use life insurance products to protect your family and the value of your estate.
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Debt Management

Avoid carrying balances on credit cards.
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Tax

Contribute to your RRSP early to maximize tax deferred growth.
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Financial Planning

Compare your monthly income needs to long-term disability coverage.
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Tax

Get your tax returns to your accountant early for timely filing.
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Financial Planning

Improve the value of your business by preparing it for sale or transition; plan for it today even if you are not thinking of selling it.
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Debt Management

Where possible, seek financing options that are not due on demand.
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Tax

Save taxes with tax-free savings accounts.
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Debt Management

Get out of non-tax deductible debt as quickly as possible.
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Financial Planning

Create a retirement and wealth creation plan as early as possible with the help of your investment professional.
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Business Management

Use accounting software to compare your business performance to your budget.
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Business Management

Don’t make a business decisions based solely on tax consequences.
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Tax

Review your business activities to see if they qualify for the Scientific and Experimental Development tax credit.
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Tax

If you borrowed funds to purchase real estate from which you’ll earn income, the interest expense is deductible, unless the real estate is vacant land.
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Financial Planning

Compare the after-tax returns for each investment rather than the before-tax returns.
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Tax

Use the advantages of the low corporate tax rate on active business income to defer taxes.
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Tax

Reduce taxes by donating stock with capital gains to your favourite charity.
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Tax

Use life insurance products to transfer wealth tax effectively to the next generation.
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Business Management

Review all guarantees on a regular basis to ensure that, where possible, they are reduced regularly.
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Business Management

Consider setting up a Board of Advisors for your business.
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Debt Management

All things being equal, repay any debt with the highest interest rate first.
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Tax

Review the allocation of investments between your RRSP and non-registered investment accounts to ensure investments are being held in the most tax advantageous manner.
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Business Management

Incorporate a holding company to help manage your business risks.
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Debt Management

Businesses should match the repayment terms of debt to the life of an asset to avert liquidity problems.
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Business Management

Make sure that your electronic data is backed up regularly and stored offsite.
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Business Management

Review your business to take advantage of all government training grants available.
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Tax

Income splitting pensions can reduce taxes.
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Financial Planning

Review and update your Will every two years or when situations in your life change.
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“I have been a client of Facet’s for 7 years both personally and for my businesses and find their service and attention to detail phenomenal. They are not just another CA firm – they think outside the box to yield the best advice and comprehensive solutions for their clients. Whenever anyone is looking for a great accounting firm, I have always recommended Facet.”

—Colin Sprake
Make Your Mark Inc.

In the Community

Giving back is how we help keep the cycle of wealth moving. Read more »

Local Perspective. Global Reach.

If you travel or do business outside of Canada our affiliation with The Leading Edge Alliance means we can take care of your business wherever you are.

Contact Us

If you'd like to talk to someone about our business and services, please call Darren Millard at

+1 604 534 3004