Trust Accounting and Tax Services in canada

Why Work With Legend Fusions For Trust Accounting And Tax Services? 

Losing someone you love is hard enough. Handling their financial affairs shouldn’t make it harder. Our team at Legend Fusions supports family trusts, estate trusts, and business trusts across Mississauga and the wider Canadian market. 

We understand that trusts aren’t just numbers. They represent legacies, futures, and people who matter. Additionally, trust accounting and tax services need more than basic bookkeeping. Trustees and executors face deadlines, legal duties, and family pressure. 

At Legend Fusions, our licensed trust tax accountants help trustees, executors, and families across Mississauga and Canada handle every aspect of trust accounting and tax reporting with accuracy and professionalism. 

Our structured reporting is checked against CRA rules, and you get clear explanations for every step. You see income, expenses, and distributions in a format trustees and beneficiaries understand. With us, your trust and estate reporting is done timely, respectfully, and with the care it deserves. 

Speak with a Trust Tax Specialist
CA: +1 740 337 1090

Who We Help 

We work with trustees, executors, and families across Canada handling their trust obligations, providing specialised accounting and tax support for family trusts, estate trusts, and business trusts. 

Family Trusts

We handle family trust accounting services that include maintaining clear financial records, managing beneficiary distributions to ensure peace of mind for every family member.

Estate Trusts

Our team assists executors with estate and trust tax reporting, ensuring all income, expenses, and disbursements are accurately documented and filed with the CRA. This service is a key component of effective estate tax planning in Canada.

Business Trusts

We provide business trust accounting services across Canada, managing income tracking, expense reporting, and trust tax filings. This integrates with our wider services in corporate accounting and compliance to keep your trust structure aligned with all regulations.

What’s Included in Our Services 

We offer end-to-end estate and trust tax support, including:  

  • Financial Recordkeeping
  • CRA Trust Compliance Review
  • Estate and Trust Tax Reporting
  • Beneficiary & Trustee Support
  • Integrated Accounting Systems
  • Advisory and Oversight

Let Us Handle Your Trust and Estate Taxes with Care and Clarity

Book a Consultation Now

Frequently Asked Questions

Here’s the Answer to Some Frequently Asked Questions   

Trust accounting and tax services in Mississauga help trustees and executors manage financial records, prepare and file T3 trust returns, and stay fully compliant with CRA regulations. 

Any trust that earns income, disposes of capital property, or distributes funds to beneficiaries must file a T3 Trust Income Tax and Information Return with the CRA. This includes family, estate, and business trusts, even if no tax is payable. 

Most T3 trust tax returns are due 90 days after the trust’s tax year-end. For testamentary trusts, this falls 90 days after December 31st. Filing late may result in CRA penalties or delayed processing for beneficiaries. 

A trust tax accountant specializes in managing and reporting income, distributions, and capital for trusts and estates under CRA rules. They understand complex structures, deadlines, and compliance requirements that general business accountants may not handle regularly. 

You can find qualified trust tax accountants in Mississauga at Legend Fusions, a global accounting and advisory firm offering local expertise. Our team specializes in trust accounting, CRA compliance, and T3 return filing for families, estates, and businesses across Mississauga and the Greater Toronto Area (GTA).