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Tuition Savings Strategies for Business Owners
No matter how you slice it, paying for college or university tuition is costly. A 2018 survey of 23,000 students by MacLeans Magazine put the average annual cost of college or university at close to $20,000. For families with young children, the cost will only get
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New Luxury Tax Coming into Force on Planes, Boats & Automobiles
Starting September 1st, 2022, a new luxury tax will be applied to the purchase of recreational vehicles and aircraft priced at $100,000 or more, and vessels priced at $250,00 or
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The Use of Family Trusts by Business Owners
This article provides an overview of various planning matters related to the use of a family trust in the ownership of a business.
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Employees and the Cost of Owning a Small Business
When the Department of Finance announced earlier this year that it was planning to end “income sprinkling,” GGFL was at the vanguard of local protest. It’s not news to anyone that the protests have grown and the issue has since become a major thorn in the federal
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11 Steps to Prevent Business Fraud
11 recommendations for business owners that can each play an important role in reducing the opportunities that can lead to
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Effective Use and Tax Planning of Your Professional Corporation – Video
In this webinar recording, the head of GGFL’s Health Professional Practice, Donna Ho-Faloon, discusses how medical and dental professionals can most effectively make use of their professional corporation. In the video, Donna discusses: – Savings and tax
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