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Updated–The great entrepreneurial debate: whether to buy or lease a company vehicle

As Chartered Professional Accountants, the most common two questions we’re asked by clients is whether they should buy or lease a car, and whether they should buy personally or under their company name. Inevitably our answer has been, “It all depends.”  How long do you plan to hold on to the car?  Do you have

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As Chartered Professional Accountants, the most common two questions we’re asked by clients is whether they should buy or lease a car, and whether they should buy personally or under their company name. Inevitably our answer has been, “It all depends.”  How long do you plan to hold on to the car?  Do you have

Read More

Tax efficient ways to make a difference this holiday season

This is the most wonderful time of the year—not to mention the season of giving. That’s why many organizations and individuals are taking the opportunity to give back to their community or their favourite charities over the festive season. Recently, the trend is for organizations to involve their employees and create team events where everyone

Read More →
,

This is the most wonderful time of the year—not to mention the season of giving. That’s why many organizations and individuals are taking the opportunity to give back to their community or their favourite charities over the festive season. Recently, the trend is for organizations to involve their employees and create team events where everyone

Read More

CRA employs aggressive new laws designed to catch terrorists in crackdown on tax evaders

The days of the Canada Revenue Agency taking a kinder, gentler approach to its relations with taxpaying business owners are long gone. From employing sophisticated algorithms to tightening rules around its own Voluntary Disclosure Program, Ottawa has become accustomed to using increasingly aggressive tactics to collect overdue taxes and punish alleged tax cheats. In some

Read More →
,

The days of the Canada Revenue Agency taking a kinder, gentler approach to its relations with taxpaying business owners are long gone. From employing sophisticated algorithms to tightening rules around its own Voluntary Disclosure Program, Ottawa has become accustomed to using increasingly aggressive tactics to collect overdue taxes and punish alleged tax cheats. In some

Read More

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