The Professional Edge is a quarterly tax, business, and financial planning newsletter for the clients and associates of Wolrige Mahon. See below for the list of articles featured in the winter 2018 issue of Wolrige Mahon’s The Professional Edge newsletter.
TAXATION President Trump introduces significant tax reform.
On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act of 2017-2018 (“TCJA” or “Act”). The Act contains some of the most significant tax reform the U.S. has seen in the last 20 years. Included in this tax reform are the following changes that could have a significant impact on Canadian companies doing business in the U.S… Read more
TAXATION Make your 2017 RRSP contribution before March 1, 2018.
The 2017 RRSP contribution limit is 18% of your 2016 earned income to a maximum of $26,010. (For those who have not topped up every year, this is the additional room now available.) Earned income includes self-employed net income, net income from a partnership, payments from supplementary unemployment benefit plans, CPP/QPP disability payments, salary, wages, taxable alimony or maintenance received, royalty and net research grants and net rental income… Read more
TAXATION Consider your external Chartered Professional Accountant when preparing internal financial statements.
To run an owner-managed business successfully, it is not enough just to track the movement of funds in and out. Statements providing the type of information needed by your external CPA are also essential because the external accountant is the intermediary between your business and the Canada Revenue Agency, creditors, a potential buyer and others who need the special financial statements… Read more
MANAGEMENT A little adjustment to your sleep schedule before you travel can make you alert and ready for business when you reach your destination.
Despite the ease and relatively low cost of modern telecommunications, it is still necessary for business people to travel to be onsite. This is especially true for business owners who want to grow their business internationally and need to meet suppliers and customers to establish the personal connections that will be the foundation of future success… Read more
TECHNOLOGY & RISK ADVISORY How secure is your business?
Data breaches are now a regular occurrence and most breaches are internal. At a joint seminar co-hosted with Roper Greyell LLP, Wolrige Mahon’s Killian Ruby and Paul Schmidt discuss what to do in the event of a privacy breach/data loss and how to improve Privacy/IT security in your organization. View the presentation for practical tips you can implement today. Contact our Technology & Risk Advisory Services Group for more information.