What We Know About Canada’s Emergency Wage Subsidy So Far and other program available to Canadian business impacted by COVID-19. Updated on April 1, 2020 1. The Canada Emergency Wage Subsidy – upto 75% of wage subsidy: NOTE – it’s important to keep in mind there is...
Cash Flow Management Tips for Law Firms
Cash Flow Management Tips for Law Firms When it comes to running a modern law firm, cash flow is king. However, the importance of maintaining a steady cash flow is sometimes lost amid discussions about augmenting the top line and slashing expenses to...
Are You Prepared for the Change to Accounting for WIP on Your Taxable Income?
Are You Prepared for the Change to Accounting for WIP on Your Taxable Income? Historically, paragraph 34 (a) of the Income Tax Act (the “Act”) allowed designated professionals like lawyers, dentists, medical doctors, veterinarians and qualified accountant to file...
Intangible assets are changing investment
WHEN you work as an equity analyst at an investment bank, your task is clear. It is to comb all the statements made by corporate executives, to scour the industry trends and arrive at an accurate forecast of the company’s profits. Achieve this and your clients will be...