KRP LLP is upgrading to Karbon, a modern, cloud-based client management platform designed for accounting firms. Karbon will help us better organize client information, streamline communication, and improve the way we manage deadlines and workflow—allowing us to support you more efficiently throughout the year. Clients will begin to see the benefits of Karbon and be […]
We’re pleased to announce that Jeff Manoff has been promoted to Director, Accounting and Assurance, effective January 1st, 2026. Since joining KRP LLP in 2013, Jeff has consistently demonstrated exceptional dedication, a strong work ethic and a commitment to quality. He has delivered trusted accounting, audit, and advisory services to clients across sectors including construction, […]
Our firm has always focused on embracing new technology and finding practical ways to use it to better serve our clients. That includes exploring the latest artificial intelligence innovations. Sometimes we like to take a break and use those tools to have a little fun. That happened recently when we went down an artificial intelligence […]
With U.S. tariffs in effect across key industries such as steel and aluminum, and more about to apply across Canada’s auto sector, the Ontario government this week announced approximately $11 billion in new tax relief measures for businesses. Businesses now have the option to defer payments between April 1st, 2025 and October 1st, 2025 on […]
We’re pleased to announce the promotion of Joe Romeo from Senior Manager to Partner, effective January 1st, 2025. Joe has made steadfast contributions to our growth and success as a firm since joining KRP LLP in 2014, notably working to enhance our client service experience and to mentor our new employees. Joe has also supported […]
After 40 years at KRP LLP, long-time partner Hartley Cohen is announcing his retirement. Hartley’s career as an assurance partner at our firm began in 1985. He quickly distinguished himself by delivering high-touch service to his client base of entrepreneurs, owner-managers, family-owned businesses and not-for-profit organizations. Those clients spanned a wide swath of industries, allowing […]
When the federal government this week tabled a notice of ways and means motion providing technical details of planned changes to the capital gains inclusion rate, the news was more about what wouldn’t be included in future legislation than what would. Despite feedback from a diverse group ranging from economists to organizations representing Canada’s physicians—that […]
If last year’s budget was about restraint, the prevailing theme at Queen’s Park yesterday was that the $214 billion 2024 Ontario Budget was one designed with fiscal balance in mind. Specifically, Doug Ford’s Progressive Conservatives made it clear leading up to the budget announcement that while they weren’t prepared to make particularly ambitious new spending […]
If 2023 was the year to celebrate our 50th anniversary as a firm here at KRP LLP, 2024 is about looking to new growth and development as we continue to deliver industry-leading service to our clients. It starts by celebrating two very significant promotions. We’re very proud to welcome long-time manager Vincy Vuong to the KRP […]
The period of relatively low Canada Revenue Agency interest rates on overdue taxes seems like a distant (and fond) memory. Those charges are now hitting an uncomfortably high level that creates potential new challenges for taxpayers. Beginning in January 2024, CRA prescribed interest rates on overdue or outstanding balances will climb to 10 per cent—from […]
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