What We Do
Family Business Services
Operating a family-owned enterprise presents a distinct array of advantages and hurdles, ranging from succession and estate planning to the intricacies of managing relationships with family members and stakeholders. Frequently, there exists a convoluted array of concerns and sensitivities that must be delicately navigated to safeguard the welfare of both the business and the family.
Insights
Understanding the CRA’s 2024 Trust and Reporting Updates: Implications and Context
Earlier this year, the Canada Revenue Agency (CRA) announced significant changes to trust reporting rules that introduced new filing obligations for many express trusts, including bare trusts. These new requirements ...
Navigating the Evolving Tax Landscape: Key Changes and Challenges for Businesses
This year has seen significant shifts in tax regulations, making it a particularly volatile period for businesses. Three major tax changes have surfaced in recent years: The Canada Revenue Agency ...
Financial Powers of Attorney (POAs) Explained: Securing Your Assets for the Future
Life is full of unexpected events, and sometimes these can severely impact your ability to manage your financial responsibilities – especially if you own a business. This is where a ...
Selling our property was a pivotal moment in our lives, laden with emotional and financial weight. Through careful planning and expert guidance, we navigated the complexities of capital gain exemptions, transforming what could have been a hefty tax burden into a cornerstone for our retirement. This wasn't merely a transaction; it was a passage, ensuring our legacy and the land's value propelled us towards a serene retirement.