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    Welcome to Baker Tilly

    With member firms from coast to coast, we are one of the country’s largest associations of chartered professional accounting firms. As an all-Canadian network, we have a longstanding reputation for value-added audit, tax and advisory solutions.

The Latest at Baker Tilly

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    Essential insight

    Baker Tilly International has a passion for sharing Great Conversations today, as they explore the issues that will shape our world tomorrow. Distilling these complex topics to digestible form, this series is always insightful ⁠–⁠ and essential.

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    Baker Tilly Capital’s M&A success stories

    Baker Tilly Capital professionals have completed hundreds of middle market transactions for public and private companies in various industries throughout the United States and internationally.

    Baker Tilly Capital, LLC is a subsidiary of Baker Tilly US, LLP and not affiliated with Baker Tilly Canada Cooperative.

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    PR Is a marathon, not a sprint

    Training for a marathon is no easy task. The physical and mental process is daunting, grueling, time-consuming and rewarding all at once. It requires a high level of dedication, strategy and intention

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    Why more farmers are seeing smaller corporate tax bills

    Many farmers across Canada can expect to benefit from a change in the small business deduction (SBD) rules. In fact, you may have already noticed your corporate tax bill has gone down this year. This is because the change came into effect starting with corporate year‑ends ending April 30, 2023.

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    4 cyber concerns every business should consider

    Cyber criminals are constantly developing new techniques to compromise the security of unsuspecting businesses. The threat spectrum is always changing due to emerging technology and the expansion of cloud services, automation, artificial intelligence and machine learning. Against the backdrop of this evolving threat landscape, the risk paradigm for our public and private sector clients has evolved. What follows is an overview of the four most common cybersecurity threats and concerns we currently warn clients about.

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    Navigating the complexity of today’s tax compliance

    In the tax policy world of 2024, Canadian accountants and businesses face many challenges as they try to properly administrate their existing corporate structures and execute their tax planning. Today’s tax laws are far more complex and ambiguous than they were a decade ago, particularly in the owner/manager or mid-market space. While the rules for large corporations and multinationals are no less complex, those businesses have many more resources then the typical owner/manager.

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    The difference between expenses and capital expenditures

    The tax implications of expenses and capital assets are quite different, so it’s important farm businesses understand these implications before making a significant investment in new assets or renovations. Unfortunately, the difference is not always clear. When a farm business spends money on a project that is deemed a repair, this can be deducted in the current tax year as an expense. However, if money is spent on a capital improvement, that gets added to the cost of the asset, which is then depreciated over time. In other words, rather than get the full benefit of the deduction in the year the investment is made, businesses see this benefit gradually, over a number of years, depending on the class of the asset and the depreciation rate. That is the fundamental difference between expenses and capital expenditures.