Proactive Tax Planning for Canadian Families

Stop reacting to taxes. Plan for the future now!

Most families wait until March to think about taxes. But by then, it’s too late for meaningful tax savings. Our Family Tax Planning service transforms you from a tax reactor into a tax planner, giving you year-round strategies to minimize your family’s tax burden and maximize your wealth.

Core components of Bailey’s Family Tax Planning services

Our Family Tax Planning services provide personalized solutions that help you minimize tax burdens, optimize savings, and make informed decisions throughout the year.

Tax Education Foundation

Understanding how different income types are taxed across family members
Mastering available deductions, credits, and tax-saving opportunities
Learning basic tax filing requirements and optimization strategies
Building tax literacy to make sound financial decisions

Strategic Income Splitting

Splitting pension income for couples
Implementing and optimizing spousal Registered Retirement Savings Plans (RRSPs)
Considering and applying family trusts
Managing child investment income
Exploring business income splitting opportunities

Comprehensive Tax Minimization

Optimizing RRSP, Tax-Free Savings Account (TFSA), and Registered Education Savings Plan (RESP) contributions
Harvesting capital gains and losses
Timing income recognition for maximum benefit
Implementing charitable giving tax strategies
Optimizing home office and business expenses

Integrated Family Planning

Maximizing education funding through RESPs
Coordinating retirement planning between spouses
Planning estates and optimizing beneficiaries
Strategizing multigenerational wealth transfer

We don't just prepare taxes — we prepare families for financial success

Bailey’s Tax Services provides individuals and families with tailored tax strategies and financial guidance.

Parents

Discover advanced tax strategies and wealth optimization.

Teens

Develop financial literacy and learn about the basics of tax.

Families

Understand how coordinated decision-making can maximize your benefits.

How we help

We provide the following support to keep your family on track with its financial goals:

Choose the right plan for your family's financial success

We offer two comprehensive, family-focused plans designed to provide exceptional value and expert guidance for your financial future.

Family Foundation Plan

$77/month

It costs less than $10 per day — that’s less than your daily coffee! Here’s what you get:

Complete tax preparation for three family members
Year-round proactive tax planning
Quarterly strategy sessions
Semi-annual comprehensive reviews
Monthly educational content
Canada Revenue Agency (CRA) inquiry support
Canadian Money Saver subscription
Access to digital planning tools

Family Wealth Plan

$197/month

This plan is ideal for families with complex financial situations. Enjoy the following benefits:

All Family Foundation Plan features
Advanced strategies and monthly consultations

Find The Right Plan For You

Feature / Benefit	Family Plan	Small Business Pro	Business Deluxe	Value Builder
Ideal For	Families with 3+ members	Sole proprietors, freelancers, side-hustlers	Incorporated small businesses	Growth-stage businesses preparing for scale or exit
Tax Return Filing	Personal Tax Returns	Personal + Business Tax Filing	Corporate (T2) + Owner Tax Filing	Full Corporate Tax Suite
Bookkeeping Support		Basic Setup & Cleanup	Ongoing Monthly Support	Advanced Financial Oversight
Income Splitting Strategies		Sole Prop Level	Salary/Dividend Planning	Multi-Entity & Shareholder Structuring
Tax Minimization Strategies			Advanced	Strategic + Valuation Focused
Tax Planning & Quarterly Reviews		Annual	Quarterly	Monthly
CRA Audit Support				Priority Response
Business Structuring Advice			Compensation, Dividends	Exit & Succession Planning
Pension, Retirement, or Wealth Planning			RRSP & IPP Advice	Legacy & Value Creation Focus
One-on-One Consulting Calls	1 Call Per Year	Quarterly Check-ins	Bi-Monthly	Monthly or As-Needed
Support Channels	Email	Email + Phone	Priority Email + Phone	Dedicated Consultant Access
Starting From (CAD)	$77 / month	$197 / month	$397 / month	$997 / month
	Join Family Plan	Join Small Biz Pro	Join Business Deluxe	Book Value Builder Consult

Not Sure Which Plan Fits You?

Let’s talk! Schedule a free 30-minute strategy call, and we’ll walk you through the best fit for your personal or business needs.

Unbeatable value: Compare our plans with traditional tax services

Our plans offer incredible value compared to purchasing individual services separately. Here’s a breakdown of what you would typically pay for the services we provide vis-à-vis what you’ll have to shell out if you choose our plans:

Service	Annual cost of traditional services	Annual cost of Bailey’s Family Tax plans
Tax preparation	$350 to $500 per family
Tax planning consultation	$800 to $1,200
Educational resources	$350 to $550
Canadian Money Saver subscription	$30
	Total comparative value: $1,530 to $2,280	All-inclusive price: $924 – Family Foundation Plan $2,364 – Family Wealth Plan

Your family tax transformation guarantee

Investment in education

$77 to $197

per month

VS.

Return on learning

A lifetime of informed tax decisions and financial growth

Stop paying more than your fair share of taxes. By investing in your family’s financial education, you’ll gain the knowledge to make tax-smart decisions year after year. Start building your family’s financial future with Bailey’s Tax Services now!

Frequently Asked Questions

1. How can the Family Plan benefit my household?

The Family Plan offers an affordable way to manage all of your household’s tax needs in one place. It includes comprehensive tax preparation, expert guidance, and dedicated support, making your family’s tax filings stress-free, accurate, and cost-effective.

2. How does Bailey’s Family Plan save me money?

Our Family Plan combines all your tax services into one convenient package, offering a discounted rate compared to filing individually.

3. What’s the difference between the Family Foundation Plan and the Family Wealth Plan?

The Family Foundation Plan is designed for families who want basic tax filing services and consultation. It focuses on providing essential support for filing taxes and managing your financial year. The Family Wealth Plan, on the other hand, offers a more robust approach with additional services such as wealth management, estate planning, and long-term financial strategies to help you grow and preserve your family’s wealth.

4. Can I sign up for either of the Family Plans at any time?

Yes, you can join the Family Foundation Plan or the Family Wealth plan at any time of the year, and we’ll be here to assist you with your current and future tax needs.

5. Is there a limit to how many years I can use the Family Plan?

There is no limit to how many years you can use the Family Plan. It’s billed monthly, so you can continue using it for as long as you need without any long-term commitment.

6. Does the Family Plan cover all tax filing types?

The Family Foundation Plan covers most tax filing needs, including personal, business, and investment taxes for up to three family members. It’s perfect for families with straightforward tax situations.

The Family Wealth Plan, however, is designed for families with more complex financial situations. It includes all the features of the Foundation Plan and adds advanced strategies, such as monthly consultations and personalized tax planning to address more intricate tax needs. If you have a unique family tax situation, contact our team so we can develop a comprehensive solution.

7. What happens if I move or change my family structure?

If your family grows or you relocate, we’ll work with you to update your plan so it continues to align perfectly with your needs.

Ready to move beyond tax season stress and plan for your family's prosperity?

Get ahead with a personalized Family Tax Planning strategy session. Contact Bailey’s Tax Services today and start working toward long-term financial success.