Compensation Planning

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Compensation Planning

Paving the way for getting you the most for your efforts

As a business owner in the Greater Toronto Area, one of the most important issues that you will face is the proper way to compensate yourself. When you contact our professional staff from Hogg, Shain, and Scheck, we will ensure your business is using the most tax-effective method for remunerating yourself and your employees.

Our professional staff will provide your business with general tax consulting services on benefits and compensation issues, as well as the other services that are highlighted here.

Compensation Plan Development

Our experienced team develops a comprehensive plan that takes into consideration the unique characteristics and interests of your business.

Operation of Compensation Programs

Our team will help with the design, establishment, implementation and even the operation of the equity compensation programs of your business. This includes non-qualified stock options; phantom stock; restricted stock unit programs; restricted stock arrangements; qualified stock purchase plans; and incentive stock options.

Provisions of Consulting Services for Transactions

This includes the reviewing of retirement programs, as well as welfare-benefit plans, income tax deduction issues, and integration issues for your entire company.

However, that is not the limit of the compensation planning services that we offer to our business clients. Other available services include:

  • Consultation for your “golden parachute” arrangements;
  • Assistance in the design, implementation, and the termination of certain retirement plans, profit sharing plans and pension plans;
  • Consultation for operational issues for any qualified retirement plans which include any compliance issues, discrimination testing, prohibited transactions, preparing required documents, and reporting and tax withholding issues; and
  • Consultation for any employee welfare plans, as well as fringe benefits, which include withholding tax requirements, reporting rules, and taxation issues.

When you need business compensation planning services in the Greater Toronto Area, call a trusted team of seasoned professionals who will get you what you are worth. The consultants at Hogg, Shain, and Scheck are here to provide you with more information and answer any of your remaining questions about compensation planning. Call us today and increase your benefits with our proven services.

What our clients are saying

The latest from our Blog, News, and Events

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    As seen in November 27, 2025, Business Appointment section of the Globe and Mail Newspaper. Hogg, Shain & Scheck is pleased to celebrate the appointment of Katie and Eric as the newest senior members to the team. Links to Announcements: https://www.theglobeandmail.com/business/adv/appointmentnotices/article-eric-bunn-cpa-ca-macc https://www.theglobeandmail.com/business/adv/appointmentnotices/article-katie-duncan-cpa-ca-lpa


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