By Eric Jungmeisteris, CPA, CA Manager, Tax & Advisory Services Canadian corporations with subsidiaries in other countries (a “foreign affiliate”) could find themselves facing a nasty surprise tax bill from the Canada Revenue Agency (“CRA”) when they transfer funds back to Canada. Aside from being located outside of Canada, a foreign affiliate is generally a […]
Additional COVID-19 Resources COVID-19 – Helping Your Employees New Tax Filing and Tax Payment Deadline Managing Your Cash Flow During COVID-19 The Canada Emergency Wage Subsidy Updated September 10, 2020 On September 9th, the government announced that the Canada Emergency Commercial Rent Assistance program would be extended one final time. The program now covers the […]
By: Josh Engel Among the many stresses and strains the COVID-19 epidemic is having on small and medium sized businesses, the landlord-tenant relationship looms large. I have both landlords and tenants as clients so I’m hearing both sides of what is a terrible dilemma. On one level, it’s simple: The tenant’s business has either slowed […]
Updated July 15, 2020 Additional COVID-19 Resources Managing Your Cash Flow During COVID-19 New Tax Filing and Tax Payment Deadlines COVID-19 – Helping Your Employees The Canada Emergency Wage Subsidy Aid for Students and the Canadian Emergency Student Benefit GGFL Service Changes Secure Document Drop-Off Signing Your Tax Return Electronically Client Safety and Care During […]
Is Your Business Prepared for a Slowdown? The COVID-19 virus is having a dramatic impact on business owners as they work to ensure the health and safety of client and staff and adapt their business operations. The impact of the virus will be felt for many months and will have a significant impact on financial […]
Gathering all the tax return information to send to your accountant and/or CRA can be unnecessarily time consuming and involve way too much paper. GGFL Associate Partner Jean McDonell offers these tips to make the annual chore a little less . . . well, taxing. Ask your dental professional, pharmacist or other relevant health professional […]
By Natalie Evans, Partner, Head of Assurance, Advisory Services For any business owner, forecasting growth can be an onerous task – the financial equivalent of a trip to the dentist. But like trips to the dentist, they are important, and not necessarily as painful as you might expect. None of us can see into the […]
GGFL’s Anne Van Delst will be presenting a session on ‘Bidding Successfully and Profitably’ at the Ottawa Construction Association symposium on February 27th in Ottawa. For full details on the symposium and to register please click here.
GGFL is very pleased to announced that we have won the 2020 Best of Accounting Award for providing superior service to our clients. We heard from close to 500 clients and we were pleased to learn that 75% of clients rated us a 9 or 10 out of 10! “Our clients have told us that […]
By Chad Saikaley and Anne Van Delst. People go into business to sell either a product or a specialized service. What they don’t do, is go into business to become debt collectors – unless, of course, they are in the business of debt collecting. Nobody enjoys the collecting part of business and most business people […]