Jones & O'Connell Accountants in Niagara OfficeWelcome 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

Sale of Principle Residence in 2016 And Subsequent Years

Recent changes to the administrative practice allowed by Canada Revenue Agency for reporting the sale of a principal residence will now make it mandatory to report the sale effective 2016. The principal residence exemption still exists; you are only required to report the sale.

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ACCOUNTING, AUDITING, TAX AND CONSULTING NEWS

Taking advantage of pension income splitting

For retired Canadians (and almost certainly for those who are no longer paying a mortgage) the annual income tax bill can represent the single largest expenditure in their budgets. Pension income splitting — isn’t particularly familiar to many taxpayers who could benefit from it, especially those who do not receive professional tax planning or tax return preparation advice.

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