The Canadian government has moved quickly to offer economic relief and adjust tax regulations to benefit businesses and workers hit by economic challenges. To help you get up to speed, ...
The Grand Finale – Exit Strategies for a Successful Startup
The scenario After years of hard work, a successful startup is ready to enter the final phase of the lifecycle of a business – the exit. Businesses in this position ...
Tax compliance or tax avoidance? Supreme Court rules in Loblaw’s favour
The Supreme Court’s recent tax appeal ruling in favour of Loblaw Financial Holdings ended a lengthy and complicated dispute over how a dissolved subsidiary company – run from Barbados – ...
Level Up: What Startups Should Know About Venture Capital Financing
The Scenario The long hours and sleepless nights you put into your startup are beginning to pay off. Demand for your business is accelerating – both your market share and ...
Ontario tweaks Business Corporations Act, making it more business-friendly
This summer, two small but important amendments to the Business Corporations Act (Ontario) came into effect. These amendments eased restrictions on governance so that Ontario businesses can operate more efficiently, ...
10 questions you should ask before hiring an accountant for your healthcare practice
Running your own healthcare practice involves making many crucial decisions, including selecting the right accounting firm. An experienced accounting firm will give you the support and 1:1 attention you need, ...
Proposed legislation introduced to reform cannabis taxation in the US
On July 14, 2021, Senate Majority Leader Chuck Schumer released a discussion draft of a detailed cannabis reform bill which, if enacted, would restore the deductibility of all expenses related ...
The Biden Tax Plan: Where it stands
There has been a lot of talk in the recent news about the Biden tax plan moving forward in Congress. However, there is no need for panic (yet!), as the ...
Top 10 pitfalls of real estate financial reporting
The relationship between business owner and accountant is paramount to the success of a real estate business, in particular when it comes to your financial reporting needs. That’s why Zeifmans ...