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Business advisory services Transaction services Valuations Audit and accounting Private enterprise Indirect tax Tax advisory
Business valuations 101 – Redundant assets: to be, or not to be?
There are numerous components that go into valuing the assets of an active business. In simplified terms, those components can be characterized as the value of normalized discretionary cash flow plus redundant assets. In this article, we will be discussing two of the more common redundant assets that business owners frequently do not realize exist within their organization.
Chris Russell Jul 11, 2018
On The Mark-Business valuations 101 – Redundant assets: to be, or not to be?
Business advisory services Audit and accounting Private enterprise Tax advisory
Managing adjusted aggregate investment income
As outlined in the March Tax Alert, the 2018 Budget includes a measure designed to slow the accumulation of passive investments within active corporations. This measure is based on a calculation that considers both the amount and the type of investment income earned in a corporation. Understanding this calculation will guide an investor in developing a tax-efficient investment strategy going forward.
Scott Dupuis Jun 28, 2018
131 PEOPLE
Private enterprise
Infographic: Put your best foot forward
On Jan. 1, 2018, the Alberta Fair and Family-friendly Workplaces Act (also known as Bill 17) was passed into law.
Jun 21, 2018
Publications-Infographic: Put your best foot forward
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Private enterprise Succession and estate planning
Important issues in family succession of farm operations
When planning for the succession of your farm operation to the next generation, several important issues can arise. Some of the key issues include how the goals and objectives of key stakeholders align with your goals, how you will be spending your time in retirement, ensuring you have adequate financial resources in retirement and how to divide assets among your children, some of whom may not wish to be involved in the farm operation. There are many issues, and they will vary depending on your particular circumstances.
Peter Hobb Jun 15, 2018
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Business advisory services Private enterprise
Approaching process improvement
Our lives and the world around us are in a constant state of change. Why then, do so many organizations struggle to make time for continuous process improvement? There are a lot of programs and tools out there – including Six Sigma, Lean, Kanban, 5 S’s, Kaizen and TQM – so it is easy to get overwhelmed. However, you do not need your staff to have months of training to enjoy the benefits of continuous improvement. While many organizations have reaped the benefits of in-house continuous improvement programs, a great deal can be gained from a quick and easy review process.
Jun 11, 2018
On The Mark-Approaching process improvement
Audit and accounting Tax advisory
Updated Voluntary Disclosures Program
Audits and assessments undertaken by the Canada Revenue Agency (CRA) that uncover errors or omissions by a taxpayer can lead to significant penalties. These penalties can range from a percentage of unpaid taxes to fixed monthly penalties, up to $2,500 per incident, in the case of late-filed information forms. In severe cases, criminal charges and jail time could result.
May 16, 2018
16 PEOPLE
Business advisory services Private enterprise
Preventing labour code changes from killing your business
It is clear to business leaders, either motivated by profit or not, that government and its legislation will continue to make it increasingly challenging to run a profitable or financially viable not-for-profit venture. These legislative changes, most recently dealing with taxation and labour, will negatively impact the bottom line.
Apr 24, 2018
On The Mark-Preventing labour code changes from killing your business
Transaction services Audit and accounting Private enterprise International Tax advisory
New QST registration requirements for non-resident suppliers
On March 27, 2018, the Quebec budget introduced a specified registration system for Quebec Sales Tax (QST) purposes for non-resident suppliers that make taxable supplies through e-commerce channels to recipients located in Quebec.
Sameer Noormohamed Apr 13, 2018
20 PEOPLE
Audit and accounting Private enterprise Tax advisory
Further elimination of the small business tax deferral
After months of speculation regarding the taxation of passive investment income earned by private corporations, the Minister of Finance tabled Budget 2018 on February 27, 2018. The budget includes a measure to further limit the small business deduction as a result of a perceived tax deferral advantage when passive investment income is earned inside private corporations.
Tom Hunt Mar 28, 2018
81 PEOPLE
Audit and accounting Private enterprise International Tax advisory
Should you be registered for Canadian GST/HST?
Foreign companies, individuals and organizations who provide goods and services to customers in Canada should consider whether their business activities in Canada invoke a requirement to register for the Goods and Services Tax / Harmonized Sales Tax (GST/HST). 
Mar 13, 2018
This image captures the Confederation Bridge stretching across an icy landscape, with its massive concrete pillars supporting the structure as it connects Prince Edward Island to mainland New Brunswick, Canada.
Transaction services Audit and accounting Private enterprise Tax advisory Transfer pricing
The capital gains exemption: beware of in-law quirks
In Canada, qualified farmland can be transferred from one generation to the next for any dollar amount between cost and fair market value (FMV) at the time of the transfer. Any capital gain triggered by the transfer is covered by the capital gains exemption (up to $1,000,000 for farmland), assuming the land is qualified farm property.
Mar 2, 2018
20 PEOPLE
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