Tom Chan

Background

About Tom Chan

At I&A, we treat your tax and financial reporting as if they were our own. With over 30 years of experience serving many companies (big and small) in the construction and real estate industries, we specialize in- tax saving/deferring strategies- tax planning that includes restructuring your companies so you may o lower your tax, o protect your assets from creditors and o succession planning if you decide to sell or pass down your business in the near future. We also deliver timely and quality financial reporting package so your bank can get their needed loan processing on a timely basis. Not just your bank, your bonding company would be happy to receive your financial statements on a timely basis. Your bank(s) may want your financial statements within 3 months after year end (given that we are provided the package with no delay), that is our usual turnover time. Our goal is to have everything done for you before the end of 3 months. If you have bank covenants, we will ensure your yearend package will include the necessary analysis of those covenants so you can check your compliance. For every file we do, we look for tax planning/saving opportunities, why pay more tax when there are legitimate ways to save? We will also review your existing structure and see if there are ways to improve for asset protections and etc. Looking to sell your business? Are you getting tired after years of sweat and hard work in developing it and now is time to enjoy life and let your kids take it to another level? We can help you plan ahead for a smooth transition/succession. We may also assist you if you have a large debit shareholder advance balance and you do not want to pay tax on such amount yet. To determine if we can help, we welcome you to make an appointment to come by for a cup of coffee. We can sit down and discuss your current situation and your plan. It is a free no obligation consultation so you got nothing to lose.