Category Archive for "BLOG"
Should you Incorporate a Federal or Provincial Corporation?
By Aaron Grinhaus and Scott Kastelic Should you Incorporate a Federal or Provincial Corporation? By: Aaron Grinhaus and Scott Kastelic Incorporation offers liability protection, continuity and tax benefits for people looking to start their own business. Once you have determined…
Working from Home during Covid-19: Are You Becoming an Independent Contractor?
By Aaron Grinhaus and Marisa Lau One of the most profound results of the Covid-19 pandemic has been the effect it has had on the composition of the workplace. Working remotely has forced employers to move to a task-based measure of…
Business Leases in the Time of Covid: What you Need to Know!
By Aaron Grinhaus and Alexander Di Giovanni Even with the “work from home revolution” caused by the Covid-19 pandemic, many businesses still need space for inventory, operations, retail facilities and for a plethora of other reasons. The Ontario Commercial Tenancies Act,…
Attention Ontario Realtors: You Can FINALLY Incorporate…and Here’s How!
By: Aaron Grinhaus and Alex Di Giovanni After a years-long lobbying effort, Ontario Realtors are FINALLY allowed to reap the tax and liability protection benefits of using a Personal Real Estate Corporation (PREC). On October 1, 2020, new regulations under…
What is “Decentralized Finance” and What are the Risks?
By: Aaron Grinhaus and Alex Di Giovanni Decentralized Finance (DeFi) refers to any financial activity, from applying for a loan to trading stocks, which is built using decentralized ledger technology. This is the same technology upon which Bitcoin and other…
Capital Gains Surplus Stripping: Is It Worth It?
By Aaron Grinhaus and Marisa Lau Over the last few years many professionals, including doctors, lawyers and small- to mid-sized business owners, have been taking advantage of a tax efficient way of withdrawing cash from their corporations called capital gains…
Buying a business? Don’t Sign Anything Before Reading This!
By Marisa Lau and Aaron Grinhaus Buying a business is a great way for an entrepreneur to hit the ground running by acquiring a going concern with existing clients, cash flow and infrastructure such as an office and employees. Buying…
Have you been named as an executor? Here’s what you need to know!
By Aaron Grinhaus If you have been named as an Executor in someone’s will you have a serious obligation that involves estates, tax, family, real estate and business law. Navigating all these areas of law can be tricky. Here are some…
What Are Crypto/Digital Assets And How Can They Be Taxed?
By Amanda Rosenstock and Aaron Grinhaus Thinking about buying or selling digital, or “cryptographic” assets such as Bitcoin, Ethereum and other cryptocurrencies? Does your business already deal in digital assets? Regardless of whether you’re an investor or a business owner,…
Tools to Minimize Taxes in Estate Planning: Why Using a Will is not Always the Best Option
By Aaron Grinhaus There are many tools that can be used to minimize the MANY taxes that can impact how much your beneficiaries actually get after your death. For example, Joint Tenancy on Real Property is often used as an…