Business

GGFL Welcomes US and Cross-Border Tax Principal

GGFL Welcomes US and Cross-Border Tax Principal

Since I have been here at GGFL, it has become very apparent how much the firm truly values its people and places a high priority on mentoring, staff satisfaction, and continued professional development,” she adds.  “This is a place where everyone’s ideas are valued and good decisions can be implemented quickly and locally.”

GGFL’s Director of Standards

GGFL’s Director of Standards

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Last week, we shared an article on the New Canadian Standards for Review Engagements and Auditor Reporting Standards. In response to changing standards, accounting firms need to keep pace and have internal structures in place to ensure that staff fully understand what is changing and when. This is where a Director of Standards plays a […]

Estate Planning — Some Non-Tax Considerations

Estate Planning — Some Non-Tax Considerations

We all know that tax planning is an integral part of Estate Planning. From knowing the potential tax exposure to planning to mitigate that exposure, individuals tend to place tax planning high on the priority list. There are, however, many non-tax considerations that should be discussed when preparing a well-thought-out estate plan. This article covers just few of the many items we have come across in our estate planning practice.

Selling Shares of a Private Corporation

Selling Shares of a Private Corporation

As a shareholder of a private corporation, it’s important to know the options and tax planning before you sell your shares. Planning for the structure of the sale now can result in considerable tax savings.

What is a Reasonable Return on Your Private Company Shares?

What is a Reasonable Return on Your Private Company Shares?

On July 18, 2017 and December 13, 2017, the Department of Finance introduced changes to the taxation of dividends that an individual receives from a private company. Many people who receive dividends from a private company could see that income taxed at the top personal tax rate without the benefit of the personal tax credits.