Georgia Smallwood

Oversee a team of tax professionals and manage strategic tax planning and compliance for a portfolio of 200+ clients including corporations, high-net-worth individuals, and specialized tax entities (NPOs and Trusts). Review complex T1, T2, and T3 files, ensuring quality control and technical accuracy across the compliance team. Provide leadership, mentorship, and technical training to junior staff on emerging CRA guidance and tax policy changes.

Non-Profit & Charity Compliance (T1044/T3010):

• Spearheaded the annual filing of T3010 Registered Charity Information Returns for 60+ charitable organizations, public foundations and private foundations, ensuring compliance with disbursement quotas and adherence to charitable purposes. Guided clients through the voluntary revocation process.
• Managed the compliance requirements for over 60+ Non-Profit Organizations (NPOs), focusing on the annual T2 Corporation Income Tax Return and T1044 Information Return and adherence to the primary purpose test under section 149(1)(l). Guided clients through the transition from an NPO to a charity.
• Successfully advised multiple NPOs on maintaining their tax-exempt status and charities on maintaining their charitable status. Provided advisory on governance, unrelated business income, and potential sanctions exposure. Assisted clients with filing of Application for GST/HST Public Service Bodies' Rebates (GST66).

Trusts and Estates Compliance (T3):

• Prepared and reviewed annual T3 Trust Income Tax and Information Returns, handling complex allocations of income to beneficiaries and ensuring appropriate reporting of capital gains and losses including 164(6) election for amount being transferred to the deceased person’s Final Return.
• Managed the preparation of Final T1 Personal Income Tax Returns for deceased individuals, including calculation of accrued income.
• Guided estate trustees through their fiduciary obligations, ensuring timely remittance of tax liabilities, requesting clearance certificates and adherence to compliance deadlines.

Managed all aspects of a tax services firm, providing end-to-end compliance and advisory services for a portfolio of over 100 private clients and small businesses.

• Directly prepared and filed over 200 annual T2 Corporate Income Tax Returns across various industries, ensuring accurate application of capital cost allowance, and refundable tax credits.
• Provided comprehensive T1 Personal Income Tax compliance and planning for business owners, self-employed individuals, and professionals.
• Managed client billing, engagement letters, and full-cycle business operations while ensuring strict adherence to CPA professional standards.

Focused on tax preparation and compilation engagements for small and medium-sized businesses and individuals.

• Completed corporate compilations and tax returns including year-end bookkeeping and accounting
• Completed personal income tax returns and schedules involving rental properties, foreign income reporting, and investment portfolios.
• Prepared GST, T4, T5, T5018 and WCB returns