Live the life you always wanted.

We are tax accountants. We help entrepreneurs live the life they always wanted through personalized tax planning strategies to preserve their hard-earned wealth.

It's easy to lose sight of why you became an entrepreneur in the first place...

You probably became an entrepreneur because you want to be:

Being an entrepreneur requires you to make life-altering tax, financial, and estate planning decisions. It is easy to get overwhelmed and let the waves carry you away.

If you are an entrepreneur who feels this way, we can ease your mind.

We are tax accountants by trade, but we are also entrepreneurs. We noticed that small business owners don’t always get the right guidance and direction.

We would love to put your mind at ease knowing that all your tax and estate planning are in capable hands. 

We help you at all stages...

Your financial, tax, and estate planning decisions can change the trajectory of your life. We don’t just prepare your tax returns. We develop personalized strategies that will grow your wealth and free up time to live the life you always wanted.

Start-up Stage

We all start our businesses with excitement and big dreams to give us the life we always wanted. Right off the bat, we equip you with sound tax knowledge so you can always make wise decisions.

Growth Stage

At the growth stage, you need to make critical financial and tax decisions that affect you and your family. We help guide you through all the tough decisions with proven tax strategies that will grow and preserve your hard-earned wealth.

Mature Stage

In the mature stage, your business should be allowing you to enjoy the life you always wanted. It should not bog you down. Most people spend 1/3rd of their lives working to pay off taxes. With sound tax planning, it will free up that time to do what you love.

Retirement Stage

Retirement planning should start right away. With proper retirement, succession, and estate planning, you can keep more of what you earn for you and your family, so you can retire on time and live the life you always wanted!

Our caring team will guide you to the life you always wanted.

Partner

Martin Lee

CPA, CA

Partner

Thanusan Raveendran

CPA, CA

Staff Accountant

Ryan Zeeh

Office Administrator

Shereen Misheal

Our clients love working with us.

Our offices

We serve entrepreneurs looking for sound tax advice all across Canada. We’re equipped to work remotely and serve you no matter where you are. If you prefer to meet us in person, we have two office locations for your convenience in Ontario.

Waterloo Region Office

Location

630 Riverbend Dr Suite 103, Kitchener, ON N2K 3S2

Our hours

9:00 AM – 5:00 PM
Monday – Friday

Contact us

Phone: (519) 744-4030
Email: clientrelations@lrktax.ca

We are ahead of the curve in the world of tax to bring you the latest tax plans

Preparing Trust Returns (T3) for Bare Trusts

Download PDF Copy Click here to download a PDF copy of the guide below. The PDF guide also contains a sample T3 Return. The Canadian government has recently implemented new reporting requirements for trusts[1]. These changes are in accordance with Canada’s international pledge to disclose beneficial ownership information and to maintain the efficiency and honesty

February 2023 Newsletter

If you found this newsletter useful, please feel free to pass it on to your team of advisors as it will be useful for them as they also consider your financial, estate, and business plan to preserve and grow your hard-earned wealth.  Sincerely,LRK Tax Team

UHT and Trusts

Trustees: Don’t Fall into the Underused Housing Tax Trap!

Trustees of trusts with residential property in Canada must file an Underused Housing Tax (UHT) return and may be exposed to a minimum of $5,000 per year for non-compliance. The penalty applies to each trustee and may pose further issues if the trust lacks liquidity.

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