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The Latest at Baker Tilly Calgary

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    Importance of Employee Benefits Plans

    With the economy opening back up and the world slowly transitioning back to normal, business owners are looking at the future of their companies. One of the critical challenges for this post COVID world is a company’s ability to attract and retain top talent. Employee Benefits can set you apart from other companies and attract the applicants you are looking for.

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    2022 tax deadline calendar

    When it comes to Canadian and U.S. tax deadlines, even the most diligent client needs an occasional reminder. Get our 2022 tax deadline calendar for a month-by-month overview of key dates that could apply to you. You might even notice a few obligations that may have slipped your mind.

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    Does Buying a Business Make Sense?

    With a reported 60% of small and medium-sized Canadian business owners being 50 or older, it is expected that the supply of businesses-for-sale will increase in the coming years.  Buying an existing business can have many benefits over starting from scratch, but overlooking the faults of an existing business can lead to losses and headaches. 

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    Managing banking relationships in agricultural organizations

    For many agricultural organizations, their chosen financial institution is a significant partner in the success of the operation. With increasing consolidation of farm corporations, credit facility agreements are becoming larger and more complex. Reporting frequency has increased, covenants have been added, and many institutions are seeking forward-looking projections. 

    Baker Tilly

    Does Buying a Business Make Sense?

    With a reported 60% of small and medium-sized Canadian business owners being 50 or older, it is expected that the supply of businesses-for-sale will increase in the coming years.  Buying an existing business can have many benefits over starting from scratch, but overlooking the faults of an existing business can lead to losses and headaches. 

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    Baker Tilly CK promotes Kraig Quagliotto to partner

    Chatham, ON – Baker Tilly CK is pleased to announce firm veteran Kraig Quagliotto has been promoted to partner. Quagliotto serves clients in a wide range of industries (such as real estate, manufacturing and professional services), offering a variety of business services.

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    AgriStability changes: is it time to participate (again)?

    With so many federal and provincial government support programs available in response to the pandemic, there’s a danger some farm businesses will overlook AgriStability. In March 2021, the Canadian federal and provincial governments announced changes to this program, improving income support for farm producers – and these opportunities should not be overlooked.

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    Is it Time to Start my Succession Plan?

    Is it time to create a succession plan? A recent survey by the Canadian Federation of Independent Business (“CFIB”) reported that 42% of small business owners now expect to retire later than planned because of COVID-19.  This has significant implications for Canada’s economy, aging entrepreneurs and their families.  

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    Pembroke firm merges with BT REO

    Waterloo, ON – Baker Tilly REO is pleased to welcome the partners and staff of Dean Sinclair Chartered Professional Accountants to their firm. Operating from the City of Pembroke, the new team brings 30 years of experience and a wealth of accounting, tax and business advisory expertise to BT REO.

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    Immediate expensing: buyer beware

    As part of the federal government’s economic recovery plan, Budget 2021 proposes new measures that provide Canadian-controlled private corporations (CCPCs) the ability to immediately expense certain capital purchases acquired on or after April 19, 2021.