GGFL is very pleased to announced that we have won the 2022 Best of Accounting Award for outstanding client service. In October, we invited all of our clients to take part in a client service survey conducted by the independent research company, ClearlyRated. We heard from close to 500 clients and we were pleased to […]
By Meghan Willison-O’Connor, Tax Technician Supervisor & Robin Vernell, Tax Assistant As we approach tax season, there is one simple, but important step business owners can take to help make their filing and on-going interactions with CRA easier and more efficient. With just a few steps, you can authorize GGFL to speak with CRA on […]
By Wendy Wong, CPA, CA, Senior Manager, Tax & Advisory Services For your 2021 personal tax filing, the Canada Revenue Agency has two options that will allow employees to report expenses they incurred while working from home during the pandemic. All eligible members of a household who worked from home can each claim working from […]
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 […]
Carol Jackson, CPA, CA Senior Manager, Tax & Advisory Services With the high price of gasoline, the COP26 UN Climate Change Conference, and the recent natural disasters in BC fresh in everyone’s mind, many consumers may be considering purchasing an electric vehicle (EV). Buyers may be eligible for an incentive rebate off the Manufacturer’s Suggested […]
Kody Wilson, CPA, CA, CBV Partner & Chartered Business Valuator, Tax & Advisory Services By now, most business owners are likely aware of the positive developments from Finance Canada (Bill C-208) over the summer that have effectively allowed business owners to sell their businesses to adult children and claim the lifetime capital gains exemption, currently […]
Sarah Tremblay, CPA, CA, LPA Principal, Assurance & Advisory Services Businesses and lenders accustomed to requesting or reviewing Notice to Reader financial statements will want to take note of an important change coming into effect later this year. Starting for periods ending on or after December 14, 2021, Notice to Reader engagements will now be […]
COVID has changed how and where we work. Employers hoping to bring staff back to the office will need to take steps to ensure each day in the office is a positive and beneficial experience for staff, including some who may be reluctant to leave the comforts of their home office. In this online presentation, […]
This article provides an overview of various planning matters related to the use of a family trust in the ownership of a business.
Carol Jackson, CPA, CA Senior Manager, Tax & Advisory Services The Ontario government has recently launched an online Ontario Business Registry (“OBR”) portal for businesses and not-for-profits registered, incorporated, or licensed to carry on business in Ontario. There are over 90 different online services available through the portal, including Annual Return filings, registering a new […]