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Role of External Advisors in Succession Planning: The Benefits of Involving External Advisors in the Succession Planning Process
Succession planning is essential for the continuity and longevity of multi-generational family businesses. The intricate dynamics of family relationships, coupled with the complexities of business management, necessitate the involvement of external advisors. These advisors, including consultants, mentors, boards, lawyers, and accountants, bring expertise and an objective perspective crucial for navigating the succession process. The Value […]
New Reporting Requirements Under the Corporate Transparency Act (CTA)
November 5, 2024Corporate Transparency Act (CTA) As of January 1, 2024, the Corporate Transparency Act (CTA), part of the National Defense Authorization Act, has introduced new reporting requirements for certain entities, primarily small and medium-sized businesses. These entities must now report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN). The CTA was enacted to prevent […]
Webinar Alert – Estate Planning: Tax 101
September 25, 2024Join Atif Mir and Zach Bronstein for an insightful webinar on estate planning in Canada and US. Topics: There will be an opportunity to ask questions at the end of the presentation. Who should attend: Attendees include individuals looking to gain a foundational understanding of estate planning and tax implications. This webinar is ideal for […]
Webinar Replay – Canadian Departure Tax: Tax 101
August 23, 2024Watch Paula Owen and Emily Yu in an informative webinar on navigating taxes when leaving Canada. Topics: This webinar highlights relevant tax issues that can arise when leaving Canada. It does not constitute tax advice. If you have questions about your specific situation, we invite you to contact us to discuss your circumstances: https://ca.andersen.com/contact/