Why do you need to manage tax risk?

Article summary: An improved approach to responding to tax risk can reduce the monetary impact of penalties and interest on your company and is important to reduce the threat of reputational damage. In the early 2000s, the world stopped to consider the collapse of several global corporations and watch the ripple effect it had on…

Lowering Your Tax-risk Rating

Article summary: Follow these suggestions to move your company from a high-risk audit ranking to a lower ranking and enjoy fewer visits from Canada Revenue Agency auditors. ————————————————- The Canada Revenue Agency (CRA) has instituted a risk-based audit cycle which means they determine how often they visit you by assigning a risk ranking. Obviously, fewer…

What will 2016 bring?

It is just after the holidays and I am trying to garner sufficient energy to jump into 2016.  There are loads of tax related projects to work on this year that reminds me of a Spanish proverb “one thing today, another tomorrow.”  This proverb seems somewhat fitting as I feel we spent 2015 being reactive…

How to protect your company’s intellectual property

Article summary: Your company’s competitive edge and its future value may depend on the way you protect assets such as trademarks, patents, copyright and industrial designs. How to protect your company’s intellectual property By understanding the rules about trademarks, patents and copyright you can protect your company’s works and innovation and safeguard from potential legal…

Three ways to position your business to embrace SR&ED tax incentives

  Article summary: The federal Scientific Research and Experimental Development (SR&ED) Tax Incentive program allows businesses to claim tax credits or refunds on eligible research and development work performed in Canada. Qualifying for SR&ED can significantly impact the amount of tax your business pays.   Three ways to position your business to embrace SR&ED tax…

Tax Conference Information – November 2014

I will be speaking at the 5th Managing a Value-Driven Tax Department on November 19 & 20, 2014 in Toronto. My topic is addressing how tax risk management can and does fit into an “Enterprise Risk Management” or “ERM” program at your company. Attached is the full brochure. 5th Managing a Value-Driven Tax Dept Brochure