Ontario – Page 2 – Grinhaus Law Firm

What are Shareholders, Officers and Directors and Should I be One?

There are several reasons why incorporation may be the right answer for your business, but once you have decided to incorporate, there are several more questions that arise. One of…

Should you Incorporate a Federal or Provincial Corporation?

Incorporation offers liability protection, continuity and tax benefits for people looking to start their own business. Once you have determined that incorporation is right for you, the first step in…

Working from Home during Covid-19: Are You Becoming an Independent Contractor?

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…

Business Leases in the Time of Covid: What you Need to Know!

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…

Attention Ontario Realtors: You Can FINALLY Incorporate…and Here’s How!

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,…

What is “Decentralized Finance” and What are the Risks?

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…

Capital Gains Surplus Stripping: Is It Worth It?

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...

Buying a business? Don’t Sign Anything Before Reading This!

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…

Have you been named as an executor? Here’s what you need to know!

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…