SERVICES & ADVISORY
We can help you set up a special type of company called a look-through company (LTC). This type of company is considered a separate legal entity, but for tax purposes, it's treated like a partnership. This means that the company will have to file income tax returns and report to the government in the same way as any other company. However, the owners of the LTC will be able to use the company's losses to offset their other income and they will have to pay taxes on any profits made by the LTC.
When buying or selling your business or making a major purchase such as your home or a rental property, it's important to ensure that you have the maximum tax benefit. At MRA Advisory , we understand the importance of making smart financial decisions and will work closely with you to explore all of your options. We have a team of experts who specialize in tax planning and can provide you with tailored advice to suit your specific needs. Whether you are looking to minimize your tax liability or maximize your return on investment, we are here to help. So, if you're looking to take control of your financial future and make the most of your assets, please don't hesitate to reach out to us. We're here to help you every step of the way.