Baker Tilly Canada
Close
Insights
Service
Industry
City
Category
Reset
An economic analysis of damages in fatal accident claims
<strong>Surviving dependent's financial perspective.</strong><br /> The basis of any damages calculation is to restore a plaintiff to the same financial position in which he or she would have been had the wrongful act not occurred. In other words, in the case of a wrongful death claim, the objective is to allow the deceased’s dependents to enjoy the same quality of life, from a financial perspective, as they would have enjoyed had the deceased lived. The award is thus meant to reflect the portion of the deceased’s earnings that would have gone towards the financial support of the dependents. 
Mar 14, 2016
Default image for insights
Medical professionals
Buying and selling veterinary practices
Are you planning to sell or purchase a veterinary practice? If you’re not sure what is required of you financially and legally to buy or sell a practice, I suggest putting together an advisory team featuring a lawyer, accountant and banker who can ensure your purchase/sale goes smoothly.
Mar 9, 2016
16 HL
Know when to be a flexible leader
In today’s constantly changing business world, at times effective leaders actually contradict traditional notions of leadership.
Mar 2, 2016
83 AERIAL
Get our newsletter
Stay informed on what matters most to your success.
Tax advisory Succession and estate planning
When family farm corporations don’t live happily ever after
Previous issues of Farm Alert have discussed the benefits of incorporating a farming business, factors to consider before and after incorporating, and the importance of maintaining a pure farm corporation in order to take advantage of the lifetime capital gains exemption on a potential sale or transfer of family farm corporation shares. 
Feb 23, 2016
Green farm land with varying grass lengths creating an interesting organic pattern.
Rules and recommendations for farmland rollovers
Are you a farm owner? The rules of farmland rollovers are complicated and differ depending on (a) whether you’re living or deceased at the time of the transfer and (b) whether your spouse or child is the recipient. 
Feb 10, 2016
29 AR
Part 1: An innovative approach to five-fold growth in revenue - the Collins Barrow Toronto formula
Focusing your business on the clients’ needs first is a traditional business axiom. But, conventional thinking does not fully encompass Collins Barrow Toronto’s mission.
Jan 12, 2016
83 AERIAL
Advisory Succession and estate planning Farming and agriculture
Why Plan for Farm Succession?
<p class="p1">Despite farm groups working hard to advise farm owners of the need to plan for their eventual succession, many farmers appear to be reluctant to plan properly. Though there are many reasons, studies show that the number one reason is that it is “too early” to begin planning. But is it really too early, or is there just an unwillingness to plan for succession?
Peter Hobb Jan 6, 2016
Green farm land with varying grass lengths creating an interesting organic pattern.
Audit and accounting
It’s a matter of trust – Part II
<p class="p1">This discussion is a continuation of our earlier <a href="/en/cbn/publications/its-a-matter-of-trust-part-i" target="_blank"><span class="s1">Tax Alert </span></a>and will focus on selected traps that taxpayers should be aware of when undertaking tax planning involving trusts. Although there are many different types of trusts, the focus of this discussion will be on discretionary family business trusts with Canadian resident trustee(s) and beneficiaries.
Dec 22, 2015
Dark stormy waters with a big whitecap.
To buy shares and assets? That is the question, when purchasing a business
A common issue for those considering the purchase of a new business is whether to also buy the company’s shares or assets. The vendor is usually motivated to sell the shares because they can use their capital gains exemption on the capital gains of the shares. 
Dec 21, 2015
64 BUIDINGS
Temporary assignment of an employee from Canada to the United States
This article is the fourth and final part in a series examining the Canadian and U.S. income tax implications of the temporary assignment of an employee from Canada to the U.S. Specifically, these articles address the situation of an employee remaining employed by a Canadian entity, but temporarily assigned to work in the U.S. Our previous articles (the Winter, Spring and Summer 2015 U.S Tax Alerts) examined the importance of the determination of “residency” for personal income tax purposes, the Canadian and U.S personal tax liabilities based on different residency scenarios and the concept of “tax equalization.” This article examines select corporate payroll issues associated with a short-term assignment.
Mike Hayward Dec 8, 2015
Turquoise waters washing up on a yellow sand beach with two people walking the coastline.
New entrepreneur? 3 Tips for filing your business tax returns
For anyone starting a business, detailed record keeping is one of the most important ways to avoid tax complications. Here are 3 tips to help you get started:
Dec 1, 2015
39 TP
Solutions within reach
Wherever you need us.
Connect now