Now that Donald Trump is President-elect, and as Republicans will control both the House and Senate during at least the first two years of Trump’s administration, the prospects for US tax cuts for everyone has never been better. The items below are based on president-elect Trump’s statements and proposals during the campaign. Actual US tax […]
Written by: Ken Chong, CPA, CA Mr. Big is a very successful businessman and has accumulated a significant amount of retained earnings in his company, BigCo. BigCo invests its retained earnings primarily in deposits and investments held by BigCo’s commercial bank, First Bank. Instead of taking money out of his company to buy a new […]
The Department of Finance announced significant changes related to the claiming of the principal residence exemption by trusts on October 3rd 2016. The purpose of this memo is to discuss these changes and to alert the reader as to what can be done to mitigate the effects of these changes on the future claim of […]
Bill Morneau, Minister of Finance, presented the new Liberal government’s first federal budget on March 22, 2016.
The IASB has issued a new standard on the recognition, measurement, presentation and disclosure of leases in financial statements prepared in accordance with IFRS.
Come and visit us in our new office at 200 – 1688 152 Street Surrey, BC
Brad Allen joins our firm as a Partner in our Vancouver office. He brings over 15 years of experience in public accounting.
The ability of a U.S. taxpayer to maintain an undisclosed “secret” foreign financial account is fast becoming non-existent.
Kevin joins our firm as a Partner in our Tri-Cities office. He brings over 25 years of experience in accounting, tax and business advisory services.
The path to becoming self-employed may seem daunting at first. However, with proper planning and guidance you can be in control of your own success.