Professional Services Accounting

At Fazzari + Partners LLP, we understand the complexities of the professional service industry and the unique challenges that businesses face in this sector. Our team of accounting experts has a wealth of expertise working with clients from a variety of professions, including lawyers, doctors, dentists, pharmacists, actuaries, engineers, architects, consultants, and real estate agents.

We recognize that each profession has its specific tax implications and regulations, and our team is skilled at comprehending and resolving these issues with tailored solutions.

Our professional services include tax planning, understanding the Quick Method of Accounting for GST/HST, tax treatment on billing for work in progress (WIP), classifying taxable, zero-rated, and exempt supplies for GST/HST compliance, and selling and buying business practices. Our professionals are also knowledgeable in tax planning on income splitting, estate freeze, and trust setting.

At Fazzari + Partners LLP, we take a personalized approach to each client’s needs, recognizing that there is no one-size-fits-all solution in the professional service industry. We work closely with our clients to gain a thorough understanding of their business and to develop tailored strategies to help them achieve their goals. We can help businesses optimize their operations, maximize profitability, and manage risks.

Our professional team is dedicated to remaining current with evolving statutory and regulatory standards in the professional service sector. We work closely with our clients to ensure they are aware of any changes that may impact their business and develop strategies to help them remain compliant.

With our expertise in the professional service industry and commitment to personalized service, you can be confident that your business is in good hands. Contact us today to discuss how we can help your business thrive.