Listen to this articleBelow is our recent interview with Vince Iannello, Founder, Owner, and Operator at Vince Iannello Professional Corporation:
Q: Could you provide our readers with a brief introduction to your company?
A: Vince Iannello Professional Corporation offers complete accounting, tax, and financial planning services to individuals and corporations across Canada. VIPC is an invaluable resource to its diverse clientele, providing professional guidance and customized solutions to meet their financial and taxation needs. VIPC supports small business owners by unifying tax, estate, and investment planning into one integrated service.
Q: Can you give us more insights into what makes your company unique?
A: Business owners most often turn to their accounting team to file taxes, their attorney for legal support, their real estate agent for real estate expertise, and their financial institution or partners for advice on investments. In many cases, these professionals offer a variety of recommendations, many in conflict with one another. What’s missing in this situation is a team leader, someone who brings these areas and advisors together to provide an effective solution.
Without this integration, business owners can often lose out on thousands or even hundreds of thousands of dollars in missed opportunities. VIPC looks to integrate this decision-making process to provide its clients with the most efficient solution.
We are committed to making ourselves available and accessible when our clients need us, as we know how valuable our client’s time is. VIPC strives to ensure that customers don’t feel like they are another number. My team provides responsive, informative, and specific advice and tells you what you need to know and not what you want to hear, so you can put 100% of your focus into your business.
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Q: Can you give us insights into your products/services?
A: Our services are designed to ease the burden of day-to-day accounting and tax planning, making it easier for clients to focus on what’s important: running a successful company.
As dedicated accounting, tax planning, and financial planning professionals, we help businesses and business owners:
- Evaluate and decide when it’s time to incorporate
- Prepare tax returns and meet critical tax deadlines while ensuring the best results possible
- Restructure the business to capitalize on the capital gains exemption and small business deduction
- Provide financial statements and the non-assurance level
- Work with lenders to secure additional funding (if needed) and meet current reporting mandates
- Sort through their dividend and salary options
- Prepare budgets and projections for the future
- Prepare individual tax returns (for business owners)
- Issue T4s, T5s, and T5013s
Q: What are some of the main objectives for your company in the year ahead and how do you plan to achieve them?
A: VIPC is continually looking to build on and foster its relationships with current clients. My team takes pride in the business growth and success of all our clients, and we will continue to provide invaluable and timely services to each and every one. Building and nurturing existing relationships will continue to be our main focus for 2022 and beyond.
Q: What is the best thing about your company that people might not know about?
A: I am an entrepreneur and real estate investor, so I understand the risks, trials, and tribulations my business clients go through on a day-to-day basis. Having this first-hand knowledge of what each client goes through helps me provide accurate, reliable, one-on-one advice on what each client needs to know to achieve the desired results.
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