Why the age of retirement is generally accepted to be 65?

retirement age

In 1889, Germany became the first country to adopt a national pension program under the leadership of its first Chancellor,  Otto von Bismarck — the Iron Chancellor. The German system initially was intended for those 70 and older, but the starting age was later lowered to 65, according to ...

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Implications of new tax reforms

tax reforms

Jerry Paskowitz, partner at Morison KSi member firm Sloan Partners, says 2018 is likely to be a good year for business owners to invest in productivity improvements, although he accepts that uncertainty around interest rates movements is a concern. “In January, the Bank of Canada increased the ...

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Canada federal budget 2018 commentary

Federal Budget 2018

The Federal Government’s 2018 Budget touts Canada’s strong economic growth over the past two years, including real GDP growth of 3.2 per cent since the second quarter of 2016, an unemployment rate of 5.9 per cent, and significant improvements in average weekly earnings, consumer confidence, and ...

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Federal Budget 2018 Highlights

Canada flag waving with stack of money coins macro

At 4pm EST today the liberal government delivered its 2018 federal budget. The budget is largely a “stay-the-course” budget with no increases in overall spending.  No major changes to those already communicated in December, 2017 have been tabled.  Clarity has been provided regarding the ...

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CRA suspends assessments for some individual tax returns


Each year, the Canada Revenue Agency reviews a number of returns to ensure that taxpayers are entitled to the claims that they have made, and that amounts claimed have been correctly calculated. These reviews are an important part of our compliance activities to maintain the integrity of, and ...

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Morison KSi holds its position amongst the top 10 associations in IAB World Survey 2018


Morison KSi has maintained its ranking as the 9th largest association in the International Accounting Bulletin (IAB) World Survey 2018 Morison KSi has reported a combined fee income of US$1,089.0m, an impressive 9% increase on last year’s figure, and has been ranked the 9th largest association ...

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A Guide from Morison KSi about US Tax Reform

Without question, the most fundamental overhaul of the US tax system since Reagan’s Tax Reform Act of 1986 is the Tax Cuts and Jobs Act 2017, brought in to law by the Trump administration on 22 December 2017. The Bill is undeniably positive for corporations and business owners, and arguably the ...

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Changes to tax on split income rules

There has been much discussion recently in light of the Federal Liberal government’s plans to increase income taxes on “split income”.  Split income is broadly understood to mean sharing income amongst family members who may not be actively involved with a business.  An example would be a ...

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An App to make record-keeping and financial reporting more efficient

finance tracking and record keeping app

At Sloan Partners LLP, we are always on the look-out for ways to make your record-keeping and financial reporting more efficient and cost effective. Today, we are blogging to let you know about Scotiabank’s eReceipts This app was designed by Scotiabank to allow ...

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CRA Clarifies Proposed Income Splitting Rules


On July 18, 2017 the government proposed a number of significant income tax changes for small business operating through private corporations in Canada.  Following significant backlash from the business community, the government postponed or eliminated most of these proposals, however, measures ...

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Client Spotlight: Q&A with Veronika Barbakadze – Immigration Solutions the Compassionate Way

Client Spotlight V2

Veronika Barbakadze’s passion for immigration was born out of an unfortunate situation as she watched her mother lose her Canadian refugee status and be deported back to Israel. Two professionals showed her the right way and the very wrong way to approach client representation and the immigration system.

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