PWM Tax & Accounting Services

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Since inception nearly 8 years ago, starting from approximately 200 personal tax clients and just over 20 corporate tax clients, PWM Tax & Accounting now works with nearly 600 personal tax clients and over 120 corporate tax clients, and this business continues to grow. Officially, PWM Tax & Accounting Services became a separate entity to our firm in March 2016.

Although the tax and accounting practice began with the intent of serving (formerly) Prairie Wealth Managements’ investment clients, over the past number of years, its services and resources have been enhanced to enable us to accept clients who may be interested in only tax and accounting services.

Composed of a team of 3, Mike Tornopolski, CPA, CA, MPACC and Chris Kostyk, BComm., CPA, CA, both come from a “Big 4” public accounting practice, where they articled to obtain their Chartered Accountant designations (now CPA). It was there they got exposure to tax, financial reporting, audit & assurance, and risk analysis, in practically all sectors and all sizes of business. Mike left public accounting and joined PWM, but Chris, however, ventured into the industry sector, spending time at a global mining company, predominately in financial reporting, treasury and valuations.


The 3rd member of the PWM Tax & Accounting team is Richard Lizee. Richard has been with PWM for 4 years and heads up the bookkeeping aspect of the business, where he helps our many clients balance their books, and accurately record business activity in-line with their respective accounting principles. Often these clients will include businesses that are not quite big enough to justify having an in-house bookkeeper or accountant, and therefore it’s much easier and inexpensive to out-source a knowledgeable individual like Richard for such work.


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PWM’s Tax & Accounting - Areas of Expertise:

  • Setting up Professional Corporations & Holding Companies
  • Structuring Final Sales of Farming & Business assets
  • Tax Returns - Corporate, Farm & Personal
  • Agri-Invest & Agri-stability applications for personal or corporate clients
  • Navigating the upcoming Corporate tax changes for you and your family
  • Unique capacity to discuss accounting services with a team of highly experienced Investment Advisors

Not only are our rates very reasonable in comparison to other small to medium-sized public accounting firms in the Saskatchewan market, but we also offer incentives to our investment clients. Competitive rates and incentives are just the beginning, our intimate knowledge of financial planning and personal finance, which are our other areas of focus as Investment Advisors, gives us a well-rounded approach to tackling your tax situation, often finding opportunities where others may not.

Integration too is a major advantage. When both Mike and Chris are your Investment Advisor (and financial planner), as well as Tax Advisor (and preparer), they very much get a full holistic picture of where you are financially and personally and can advise accordingly. This eliminates the situation where your Accountant is telling you different strategies than your Advisor, which can create confusion and frustration.