CPA Canada Federal Budget Commentary 2018
On Tuesday, February 27th the 2018 Budget Commentary was released. Click download to read the 2018 Budget Commentary.
Government of Ontario – Economic Update
On November 14, 2017, the Government of Ontario released its economic update. The update contained an important change to the funding of apprenticeship training in Ontario. For many years, the Ontario government provided assistance to employers via a refundable income tax credit called the Apprenticeship Training Tax Credit (ATTC). Effective for apprenticeships registered on or […]
2017 Draft Legislation
As you are likely aware, on July 18th, 2017, the government announced draft legislation to amend the Income Tax Act with an aim to significantly change tax planning strategies for Canadian controlled private corporations and their shareholders due to what the Liberal government perceives as unfair tax benefits.
Internal Accounting Systems for Small Business
Business managers maintain many responsibilities in both the day-to-day and long term planning of an organization. This ranges from corporate strategic management through to product/service delivery, and usually means there are a lot of decisions in between.
The Value of Financial Statements for Owner Managed Enterprises
As accountants we often find ourselves answering the same question again and again, and rightfully so. As specialized professionals, with expertise that stretches beyond the common understanding of “accounting”, I think we might take this simple question for granted, almost as though we have become desensitized by its relevance over the years.
Drafting Your Succession Team
As one might imagine, the business succession planning process is incredibly involved. But planning in the right manner, with the right team, can add significant value to your transaction. This value will be realized in the form of transaction price, as well as the speed and ease of the process you experience as exit your enterprise.