Voted Best of Red Deer 6 Years in a Row; and Named to Alberta Venture's 2016 Fast Growth 50 List

Cory G. Litzenberger, CPA, CMA, CFP, C.Mgr

President & Founder, CGL Strategic Business & Tax Advisors

 

With the Income Tax Act always by his side on his smart-phone, Cory has taken tax-nerd to a whole other level. His background in strategic planning, tax-efficient corporate reorganizations, business management, and financial planning bring a well-rounded approach to assist private corporations and their owners increase their wealth through the strategies that work best for them.

An entrepreneur himself, Cory started CGL with the idea that he wanted to help clients adapt to the ever-changing tax and economic environment and increase their wealth through optimizing the use of tax legislation coupled with strategic business planning and financial analysis.

His relaxed blue-collar approach in a traditionally white-collar industry can raise a few eyebrows, but in his own words: “People don’t pay me for my looks. My modeling career ended at birth.”

Cory’s main area of expertise is tax, succession, and estate planning for owner-managers of private corporations, particularly those entering the tax and business complexities that come with business growth and personal wealth.

Cory’s ability to take extremely complex legislation and explain it in down-to-earth language brings a next-door neighbour approach to a traditionally formal industry.

Cory lives for Federal Budget Day. He soaks up new legislation like a sponge and does not wait for others to teach him about it later. Rather, Cory reads it the day it comes out like a kid on Christmas morning. By focusing on changes in tax legislation the day it comes out he can advise clients on the issues and plan how to mitigate them from the changes a year before the taxes are even due.

Qualifications

  • Certified Financial Planner, CFP, 2009
  • CPA, In-Depth Tax Program, 2008
  • Chartered Manager, C.Mgr - 2007
  • Chartered Professional Accountants of Saskatchewan, CPA, 2003

Professional affiliations

  • Member – CPA Alberta Tax Working Group
  • Member – Canadian Tax Foundation
  • Former Instructor – Red Deer College Continuing Education

Recognition

  • Recipient – Red Deer Express Reader’s Choice Awards – Best Accounting Firm – Gold, 2018
  • Recipient - ThreeBestRated - Accounting Firms (Red Deer) - 2018
  • Recipient – Red Deer Express Reader’s Choice Awards – Best Accounting Firm – Bronze, 2017
  • Recipient - ThreeBestRated - Accounting Firms (Red Deer) - 2017
  • Recipient – Red Deer Express Reader’s Choice Awards – Best Accounting Firm – Gold, 2016
  • Recipient – Alberta Venture Magazine, Fast Growth 50 List, 2016
  • Recipient – Red Deer Express Reader’s Choice Awards – Best Accounting Firm – Gold, 2015
  • Recipient – Red Deer Express Reader’s Choice Awards – Best Accounting Firm – Gold, 2014
  • Recipient – Red Deer Express Reader’s Choice Awards – Best Accounting Firm – Gold, 2013

Speaking engagements and presentations

  • Co-Presenter - Oct 2018 - Income Spinking: Navigating the tax on split income changes - Red Deer
  • Moderator – May 2018 Canadian Tax Foundation Prairie Provinces Tax Conference – Saskatoon
  • Master of Ceremonies – Feb 2018 Canadian Association of Farm Advisors Farm Management Update – Red Deer
  • Presenter - Oct 2017 - Discussion on proposed changes to Income Tax Act - Red Deer 
  • Presenter – Jan 2017 – Introduction to Tax Planning – Red Deer
  • Presenter – Oct 2014 – GST in the Home, Century 21 Advantage – Red Deer
  • Presenter – Jan 2012 – To Corp or Not To Corp, Red Deer Chamber of Commerce – Red Deer
  • Presenter – Mar 2011 – Tax Issues with Medical Expenses, Crohn’s & Colitis Canada – Red Deer
  • Presenter – Mar 2011 – Personal Tax Deductions for D---- Manikins, Red Deer Chamber of Commerce – Red Deer
  • Presenter – Oct 2010 – Tax Tips & Traps for Brokers, Mortgage Intelligence - Red Deer
  • Presenter – Feb 2010 – Estate Planning - Helping Your Legacy Live On™, World Financial Group, Red Deer
  • Presenter – Jan 2010 – Tax Planning vs Tax Preparing, Red Deer Chamber of Commerce – Red Deer
  • Presenter – Jul 2009 – Employee vs Subcontractor, Heywood Holmes & Partners LLP – Red Deer
  • Presenter – Jun 2009 – Helping you Understand the Difference Between Tax and Taxi, Heywood Holmes & Partners LLP – Red Deer
  • Presenter – Mar 2009 – The Corporate Student Loan, Downtown Rotary Club – Red Deer
  • Presenter – Mar 2009 – Introduction to Trusts, TD Canada Trust – Red Deer
  • Presenter – Feb 2009 – Structuring Your Estate on a Tax Effective Basis, World Financial Group – Red Deer
  • Co-Presenter – Feb 2008 – Enhanced Dividend Taxes – Get a “GRIP”, PKF North American Network, Mississauga
  • Presenter – Dec 2007 – Relate, Connected, Affiliated, Associated – What’s the Difference?, Heywood Holmes & Partners LLP – Red Deer
  • Presenter – Sep 2007 – Employee vs Contractor, Red Deer Chamber of Commerce – Red Deer
  • Presenter – Jul 2007 – How to get a GRIP on Eligible Dividends, Heywood Holmes & Partners LLP – Red Deer
  • Presenter – Apr 2007 – Update - Make Your Will, Your Way, World Financial Group – Red Deer
  • Presenter – Apr 2007 – Personal vs Corporate Tax Rates, TD Canada Trust – Red Deer
  • Presenter – Feb 2007 – Personal vs Corporate Tax Rates, Red Deer Chamber of Commerce – Red Deer
  • Presenter – Oct 2006 – Make Your Will, Your Way, World Financial Group – Red Deer
  • Presenter – Apr 2006 – How to Practice Safe Tax, Sunrise Rotary Club – Red Deer
  • Co-Presenter – Dec 2005 – The Reality of Realty, Re/max – Lacombe
  • Co-Presenter – Feb 2005 – The Reality of Realty, Century 21 Advantage – Red Deer
  • Presenter – Jan 2005 – Make Your Will, Your Way, World Financial Group – Red Deer

Publications

In the News

  • Cory Litzenberger's commentary on a news story entitled "Judge Blocks Keystone XL Expansion" is showcased by LinkedIn editors, Nov 9, 2018, LinkedIn 
  • Cory Litzenberger's podcast is referenced in an article entitled "Is Income Splitting Dead?", Nov 8, 2018, Moodys Gartner Tax Law 
  • Cory Litzenberger is quoted in a presentation entitled "Private Business Tax Proposals", Oct 1, 2018, CPA Canada - The ONE Conference 2018
  • Cory Litzenberger is quoted in an article entitled “The Tax Burden On Golf Could Use Some Rule Changes”, May 28, 2018, Inside Golf
  • Cory Litzenberger is quoted in article called “Liberal Tax Plan Reads like Class Warfare Manifesto”, Oct 16, 2017, Rebel Media
  • Cory Litzenberger is referenced in “Photos of the Day” at a Town Hall Meeting in Blackfalds, Sep 13, 2017, Red Deer Advocate
  • Cory Litzenberger is quoted in an article entitled “3 Local Companies Among Fastest Growing” Jan 5, 2016, Red Deer Advocate
  • Cory Litzenberger is interviewed for an article “Ask a CEO; Advice for Managing Growth - Q&A: Five with Cory Litzenberger”, Alberta Venture Magazine, January 2016
  • Cory Litzenberger is mentioned in an article “Chamber Board Changes”, Red Deer Advocate, September 23, 2010
  • Cory Litzenberger is interviewed about 2009 Federal Budget, CHCA News, January 28, 2009
  • Cory Litzenberger is interviewed about 2008 Federal Budget, CHCA News, February 27, 2008
  • Cory Litzenberger is interviewed about 2007 Federal Budget, RDTV News, March 20, 2007

Non-professional affiliations 

  • Past Director, Red Deer Chamber of Commerce
  • Past Director, Past Treasurer, of the Red Deer Chapter of Crohn's and Colitis Canada
  • Past Director of the Red Deer LEADS Executive Association
  • Past Director, Past Treasurer of the Central Alberta Minor Football Association
  • Past Director, Past Treasurer of the Rotary Club of Red Deer
  • Member, Canadian Taxpayers Federation
  • Member, Canadian Federation of Independent Business
  • Member, Red Deer Chamber of Commerce
  • Member, Red Deer Construction Association