Blog Posts

Tax Consequences of Financing the Sale of a Business

Friday, September 28, 2012 by Michael Murphy
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A business owner, when contemplating selling the business, must consider several factors, including financing, when determining how to structure a sale. It is very important that the owner have all the necessary information to ensure the most effective and efficient decision is made.
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Incorporating Your Business – Am I Too Late?

Tuesday, May 03, 2011 by Carol Hanney
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A financial planner contact recently brought a new client to me. The client (“Bob”) was investigating incorporating his business and wanted to understand the benefits. Bob had built his business over the last 8 years and was looking at selling within the next 5 years. He already had potential purchasers asking: “would you consider selling?”
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Taxation of Corporate Groups Under Review

Friday, January 14, 2011 by Phillip Yaniw
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Canada does not have a formal system to consolidate the tax reporting of corporate groups or to offset losses against profits of the members of a corporate group. By way of comparison, over two-thirds of OECD countries have a formal group tax system. Canada’s international competitiveness is affected by our lack of such a system.
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