The COVID-19 economic downturn presents tax planning opportunities to business in light of depressed asset values and business losses. In particular, Estate Freezes and “Re-Freezes”, and using losses on portfolio investments are common strategies available to generate immediate cash flow and ...
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Get ready to pay for it The latest parliamentary budget report [i] estimates a $252.1 Billion deficit in 2020-2021 while direct COVID support so far exceeds $150 Billion. We have touched upon this in past articles, and now it’s fairly acknowledged that taxes will likely be increasing to pay for ...
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Home Office Expenses While the health effects of the pandemic continue to unfold, so too do the tax implications of the actions required to combat it. We are early in the tax year, but most employees in Canada have been required to work at home for at least some portion of their work. Under ...
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These are extraordinary and unsettling times. COVID-19 is causing significant disruptions to our clients, our partners, and the many communities we serve. To help you, we have assembled selected resources to consult in assessing how to respond to this crisis. Please feel free to ask ...
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Last week, Prime Minister Trudeau introduced an $82-billion dollar stimulus package to help Canadians through the uncertainties of COVID-19. While grateful for the financial assistance, the many government announcements have also led to confusion among Canadian individuals and business owners ...
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The government continues to release information on how businesses and individuals can access the financial assistance being produced for all of us financially impacted by COVID-19. Details on how to access the Temporary Wage Subsidy for employers can be found here. Prime Minister, Justin ...
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The 2019 CPA final examination results were released on January 7, 2020. Sloan Partners LLP is very pleased that our two candidates, Eric Mui and Allison Ho were both successful in passing this difficult milestone in their professional careers. Eric and Allison left our Firm in December 2019 to ...
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Sloan Partners is proud of its dynamic co-op program that brings multiple students to our team throughout the year. Our co-op students come from different backgrounds and fill a variety of roles within the firm. All our current co-op students are Accounting and Financial Management ...
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Many businesses make use of business charge cards or credit cards. With a business card, companies are able to track expenses and categorize those expenses by date, type, and location. Business cards can be a powerful tracking tool for companies as they expand, helping them never miss out on ...
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If you’re thinking of starting your own small business, you may have heard that the first thing you need to do is register for a GST or HST number. Registering is the easy part, but what exactly is a GST/HST number and when do you actually need to get one? What is a GST/HST number?... Read MoreRead More
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