Welcome to Jones & O’Connell LLP

Proudly serving the Niagara Region and beyond

Jones & O’Connell LLP, Chartered Professional Accountants operates out of St. Catharines, Ontario, Canada. We offer a wide range of financial services including: Accounting, Auditing, Corporate and Personal Tax Compliance and Planning, Financial Advice and General Consulting, to clients in various industry sectors across the Niagara Region, GTA and other geographic regions.

Jones & O’Connell LLP, Chartered Professional Accountants is a licensed public accounting firm and a member of: the Canadian Public Accountability Board, Chartered Professional Accountants of Canada, Chartered Professional Accountants of Ontario, The Institute of Internal Auditors and the Canadian Tax Foundation.

At Jones & O’Connell LLP, Chartered Professional Accountants we strive to be the number one resource for all of our clients’ financial needs. Our goal is to be the firm that clients can trust and rely upon to provide outstanding value in a cost effective manner. We welcome the opportunity to meet with you and discuss how we can develop a mutually beneficial relationship into the future.

The team at Jones & O’Connell LLP, Chartered Professional Accountants is ready to exceed your expectations!

Commentary

Owner/Managers: Are You Ready for the Tax Changes?

Right around this time a year ago, we received the somewhat unexpected private company income tax proposals from our Federal Finance Department. While they had hinted that these changes were coming, the form of these changes was a big surprise to many private company business owners and tax practitioners. After significant public feed back was received, the new tax rules are now in place with the income splitting rules already in effect as of January 1, 2018. The passive income rules will take effect for tax years that start after 2018. The question is, now that we are at the midpoint of 2018 are you prepared for these changes?

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ACCOUNTING, AUDITING, TAX AND CONSULTING NEWS

When you are turning 71 – the big RRSP decision

For several generations, reaching one’s 65th birthday marked the transition from working life to full retirement, and, usually, receipt of a monthly employee pension, along with government-sponsored retirement benefits. That is no longer the reality. The age at which Canadians retire can now span a decade or more, and retirement is more likely to be a gradual transition than a single event.

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