by Padgett | Nov 4, 2021 | News
Company Shares & Capital Gains Typically, selling company shares will result in a capital gain, only one-half of which will be subject to tax under current tax rules. If they are shares of a private corporation that meet certain criteria, you could also...
by Padgett | Jul 13, 2021 | News
Canada Recovery Hiring Program The Federal Budget 2021 introduced the new Canada Recovery Hiring Program to provide eligible employers with a subsidy of up to 50 per cent on the incremental remuneration paid to eligible employees between June 6, 2021, and November 20,...
by Padgett | May 21, 2021 | News
Cryptocurrency Taxation Cryptocurrency taxation occurs because it is a type of alternative currency, such as Bitcoin, but it is not considered money or currency (“legal tender”). It is a digital asset that works as a medium of exchange for goods and services between...
by Padgett | Jul 3, 2020 | News
Advice for Owners Creditor Proofing Assets Every business owner should be concerned about creditor proofing assets. It’s important to understand how owner-managed businesses can protect themselves in times of financial distress. Consider these suggestions:...
by Padgett | Jun 17, 2020 | News
Emergency Support Benefits Canada Emergency Wage Subsidy The CEWS program has been extended for another 16 weeks, ending August 29, 2020. Other regulatory changes were announced including: corporations formed by amalgamation, or where there has been a wind-up of one...
