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The need for "loss quantification" arises in many types of insurance or litigation claims, particularly when an earnings loss has occurred.

We use a risk based approach to audit a company's year-end financial statements, but the term " risk based audit approach" can sound like the latest in business buzzwords similar to holistic, innovative and mission critical.

Health can be defined as the overall human well-being of body and mind

Analysts are predicting a challenging year for many business owners. So what does this mean for you?

As an individual (in a sole proprietorship), it is easy for you to shape your business based on your own internal rules, vision and ethics.

If so, you should understand that a corporate entity ("Your Company") is a separate legal entity - effectively, another person.

According to the Canadian Department of Justice, approximately 10% of Canadian seniors are victims of consumer fraud each year. Seniors continue to be a rapidly increasing segment of the population

Both self-employed and employed healthcare professionals, including medical residents, may be able to deduct automobile expenses in their personal or corporate income tax returns...

A discussion on why compliance to AODA makes smart business sense.

In my view, the most taxpayer-friendly rules in the Canadian tax system include the capital gains exemption on the sale of a Principal Residence...

Business insurance, like many types of expenditures, is one of those items which business owners typically do not like to pay

At first glance, renting out a home seems to have simple tax consequences; if you made positive income, you should pay tax on it.

The opening of new markets, potential for limitless growth and removal of barriers to free trade are increasingly making it ...

Charlie will soon celebrate his 71st birthday. It will mark a significant milestone for him and his family. While party plans ensue, Charlie wishes to ensure that the conversion of his RRSP to his RRIF best takes care of his wife Betty upon his death.

As we approach the end of the year, owners of private companies often ask, "If I need to take money out of my corporation, should I pay myself a bonus or a dividend?"

To date, the Canada Revenue Agency (CRA) has denied more than $5.5 billion in donation claims and reassessed over 167,000 taxpayers who participated in gifting tax shelter schemes.

Donated human ova and in vitro embryos are being used in assisted human reproduction procedures in Canada. The Budget propose to extend GST/HST relief for human ova and in vitro embryos