by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott
If you have a shareholder agreement, it probably has a clause that deals with the purchase of your shares in the event of your death. But does it provide enough flexibility to allow your executor and the remaining shareholders to structure the buyout in a way...
by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott
The Federal Government, as part of Canada’s Economic Action Plan, has introduced Bill C-56, Fairness for the Self-Employed Act, which will allow self-employed person to “opt-in” to restricted Employment Benefits currently only available to employees. The...
by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott
Over the years we have assisted our clients in the preparation and review of their personal and business wills from an income tax planning perspective. There are many income tax “traps” to be wary of if you have rental, business...
by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott
When a company is created, the original shareholders determine how the company will be owned and managed. This is often set out in a written contract amongst the shareholders called a shareholders agreement. There is no legal requirement for the...
by Joseph Truscott | Jan 6, 2020 | Business Articles by Joe Truscott
Someone once asked a bank robber why he robbed banks. His answer was simply “because that is where the money is”. This same rule applies today. The easiest and most common fraud involves cash. We all want to trust our employees and always think the...
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