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GGFL welcomes a new partner

GGFL welcomes a new partner

GGFL is delighted to announce that tax and business valuation specialist Kody Wilson has joined our firm’s partner team. Kody was most recently our principal for tax and advisory services and brings invaluable tax experience to the leadership table. He also understands that the key to GGFL’s success lies not only in our professional skills but in the care we take in developing and maintaining our relationships with clients.

Understanding changes to the Canada Pension Plan

Understanding changes to the Canada Pension Plan

The federal government introduced enhancements to the Canada Pension Plan (CPP) on January 1st, in a long-term effort to sustain the forced saving system for future retirees. The changes, to be introduced in two phases, will mean increased contributions from employers, employees, and the self-employed.

2018 U.S. personal income tax: Impact of Tax Cuts and Jobs Act

2018 U.S. personal income tax: Impact of Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act (“TCJA”) signed into law on December 22, 2017, resulted in some significant changes to the U.S. income tax code. As of taxation year 2018, individuals are seeing changes in tax rates, and some changes may also impact business owners of pass-through entities and Canadian corporations.

Beginning of a new era at GGFL

Beginning of a new era at GGFL

GGFL is delighted to announce that Josh Engel is our firm’s new managing partner, who is taking over from Deborah Bourchier. Engel’s two main goals will be maintaining the relationship GGFL has with its clients and continuing to foster a caring, supportive working environment at the firm. Deborah will continue to focus on working with her clients and mentoring the next generation of our firm’s leadership.

Small business and the tax revolt – The dust has settled: Where do we stand?

Small business and the tax revolt – The dust has settled: Where do we stand?

Chad Saikaley, a GGFL partner and the firm’s head of tax, was an early critic of Morneau’s proposed changes to federal income tax legislation in 2017. Here is an excerpt from the full comment he wrote shortly after the measures were announced: “ . . . this proposed targeting of small business corporations is less a crackdown on the wealthy, more an attack on middle-class Canadians. . .”

MEET SHANNON SMITH: A young professional on a roll

MEET SHANNON SMITH: A young professional on a roll

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Shannon Smith, one of GGFL’s newest staff recruits, made the CFE Honour Roll. Of the 6,000-plus writers who also passed the exam, only 35 Ontarians made the national honour roll – a major achievement for any accounting student.