We can help with your accounting needs.
How Can We Help You?
Many employers are aware of some of the more prominent grants and investment tax credits (“ITCs”) available in Canada, such as the Scientific Research and Experimental Develop Tax Credit and the Federal Apprenticeship Job Creation Tax Credit. However, this is just scratching the surface of the lucrative grants and ITCs that may be available to
Read More
Hogg, Shain & Scheck welcomes new employees in 2016! We’re pleased to announce that our team is growing. We’d like to welcome our new hires Philip Varmuza, Taylor Davis and Alex Briganti to the Hogg, Shain & Scheck team! We’d like to welcome Taylor Davis to Hogg, Shain & Scheck as of March 16, 2016.
Read More
Business owners in Ontario often find themselves having to make choices with important financial consequences for their companies. A poorly thought out decision could lock a company into an unfavourable agreement or contract for a very long time. On the other hand, a good decision could provide a firm with a long-term strategic advantage, which
Read More
When top business executives are asked to recall an experience when they and their management team were performing at their best, their answers often include the same themes: At the top of their game, the team worked intensely to achieve a shared, deeply meaningful business objective. The executives often speak of enjoying open communication with
Read More
The topic of accounting for leases is a wide and potentially complicated field. One of the reasons is the fact that no two leases are alike. Each lease is the product of negotiation between the lessor, who generally owns the property, and the lessee, who is generally looking to rent the property. Therefore, each lease
Read More
On December 7, 2015 the Federal government announced numerous personal and corporate tax changes which become effective January 1, 2016. They include: The Federal personal tax rate for taxable income between $45,282 and $90,563 will be reduced from 22% to 20.5%; The top Federal personal tax rate of 29% will apply to taxable income
Read More
Restricted Input Tax Credits The recaptured input tax credit (RITC) rules were introduced with the Ontario and British Columbia Harmonized Sales Tax (HST) on July 1, 2010. Canada Revenue Agency (CRA) has started to audit businesses’ compliance with these rules. As noted in a previous memorandum, large business and certain financial institutions are required to
Read More
Litigation is a complex and nerve-wracking experience, and unless you have expert guidance on your side, your case can be under-researched and underrepresented. The result: financial loss and potential legal implications that can have a significant impact on your life now and in the future. Your accountant can provide critical support throughout the litigation process
Read More
Plan your meeting by setting the rules and desired outcome Start on time and finish on time Identify the meetings main purpose and plan your agenda accordingly Always start with a review of the big wins or success stories – this puts everyone in positive frame of mind Most sales meeting main purpose and plan
Read More
Presented by Brian Beaulieu – CEO Institute of Trend Research (ITR) October 27, 2015 Executive Summary Canadian economic indicators show a very mild recession to March 2016, followed by growth of 2.6 % for the balance of 2016 and continuing in 2017 and 2018. Global leading indicators also show nominal growth to March 2016. Crude
Read More
Your ideas, your unique products and service models will set you apart as an entrepreneur. One great idea can transform an industry, and it can set you up for an exceptionally prosperous future. However, if you do not take the proper precautions, you may sacrifice your earning potential and miss out on a career that
Read More
The current commercial real estate market in Ontario is seeing a number of commercial properties available for rent. When there are more rental spaces than there are renters, a landlord will typically attract tenants by offering leasehold inducements. While leasehold inducements can be beneficial for both tenant and landlord, the tenant often stands to reap
Read More