Governance structures are crucial for the long-term success and sustainability of family businesses.  Unlike public companies, family enterprises face unique challenges, including the intertwining of family dynamics with business operations.  Establishing robust governance structures—such as family councils, boards, and advisory committees—ensures that these businesses remain resilient, adaptable, and well-positioned for future growth. Why Governance Structures […]

Tailored Accounting Services to Support Your Business Bookkeeping and accounting records are essential to a business.  When your accounting processes are going well, the financial information is accurate, up-to-date and helps you make informed business and tax planning decisions.  If, however, bookkeeping tasks take a backseat and are updated less frequently, then the catch-up work […]

On November 21, 2024, the federal government announced a temporary two-month Goods and Services Tax/Harmonized Sales Tax (GST/HST) relief on groceries and “holiday essentials” to provide financial support to all Canadians, along with the Working Canadians Rebate—a one-time, tax-free $250 payment for eligible individuals who worked in 2023 and have a net income of up […]