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.
GGFL is delighted to announce that Jean McDonell is our newest Associate Partner, effective January 1, 2019. Jean is an expert in trust and estate planning and a member of our ever-expanding tax team. When she joined the firm on January 6, 1997, there were just five on the tax team. Today, there are 15 and growing.
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.
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.
While being self-employed often means having the freedom to do things your own way, tax season can feel like a punishment to the side hustler. Things aren’t so simple for small business owners and freelancers.
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.
GGFL is delighted to announce that Josh Engel is the firm’s new Managing Partner. He is the third Managing Partner in GGFL’s 73-year history and replaces Deborah Bourchier, who has stepped down from the role after 11 years.
Deborah Bourchier has handed the mantle of GGFL’s Managing Partner to fellow partner Josh Engel after 11 years as the firm’s leader. While continuing to work with her clients, Deborah will be focusing on an enhanced role of coaching and mentoring senior leaders at GGFL.
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. . .”
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.