2019 Federal Budget Commentary
On Tuesday, March 29th, 2019 the Federal Budget was released. Click download to view the full 2019 Federal Budget Commentary.
Audit Report Changes
Anyone receiving or reading auditor reports will notice some significant changes in the near future. New standards are effective for audit reports issued on financial statements for periods ending on or after December 15, 2018.
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.