On March 13, 2018 the U.S. Internal Revenue Service (IRS) announced it will be shutting down the Offshore Voluntary Disclosure Program (OVDP) in September.

On June 24, 2015, the World Customs Organization (WCO) published the WCO Guide to Customs Valuation and Transfer Pricing (the Guide).

Regular readers have long heard me arguing that the current voluntary disclosure programs for Americans abroad are overly complex.

The way you build your brewery has many implications for your business, ranging from financing to operations.

A business plan essentially functions as a road map, guiding you through every stage of growth in an organized, structured way.

I've had more and more U.S.-citizen clients tell me that when they enter the United States with a Canadian passport, they are hassled by border guards.

IFRIC recently examined how IFRS 5 Non-current Assets Held for Sale and Discontinued Operations should apply when a disposal plan is intended to be achieved by means of an initial public offering, but the prospectus to make that happen hasn’t yet been approved by the securities regulator.

Financial statements are used for internal management or to demonstrate to an external party the financial position of a company.

As accountants, we often deal with situations where a business has sold a particular property, which can sometimes result in a significant amount of recaptured depreciation and capital gain.

As you may be aware, the 2014 Federal Budget did not bode well for the tax savings achieved through the use of testamentary trusts.

All too often as brewers open up, many of the decisions made with the aim of creating a successful sales team seem haphazard, at best.

Intellectual property is often intangible — and it can be difficult to know when, or even if, it's been stolen. In an article for Canadian Lawyer, MNP's Ryan Duquette discusses how discovering IP theft...

How do you stop a simple transaction from devolving into a nasty shareholder dispute? Draft a good buy/sell clause

What is a good rate to charge customers for our service?

Transitioning the family farm — that is, passing it to another owner when you are ready to retire or move on — is easy.

The biggest obstacle in craft brewing is to create a consistent, quality beer, each and every time.

In my previous blog post on this subject, I discussed the list of required information in order to substantiate an Input Tax Credit (ITC) claim.

Before 2015, the election did not have to be filed with the Canada Revenue Agency (CRA); rather, it had to be kept on file in case the CRA wanted to see it.

Registered Retirement Savings Plans can be a great retirement planning tool for many Canadians, but they may also be costly for the unwary.

It’s increasingly common for U.S. companies to ask employees to work abroad. That usually means dealing with two tax codes.