INSIGHTS THAT WILL MAKE YOUR BUSINESS STRONGER

We are committed to strengthening your business financially. But even if your company’s finances may not be your strong suit, this page will provide you with the resources that can help provide answers to many common business challenges.

Achieving temporary relief from tax on CEBA loans

Achieving temporary relief from tax on CEBA loans

CEBA loan recipients could potentially defer the income inclusion until the next taxation year by making a subsection 12(2.2) election.
Economic recovery from COVID-19 and the impact on municipalities

Economic recovery from COVID-19 and the impact on municipalities

This webcast will focus on assessing key municipal revenue impacts and economic recovery as a result of COVID-19.
5 things to know about Canadian customs in 2021

5 things to know about Canadian customs in 2021

Summary of five key changes to customs in Canada in 2021 to make our clients who are importers aware of changes that may affect them.
Debt and taxes: restructuring, settlement, assignment considerations

Debt and taxes: restructuring, settlement, assignment considerations

The impact of any transaction or structuring on those liabilities should be considered as part of the tax due diligence process.
Changes to UK independence standards: Impact on Canadian companies

Changes to UK independence standards: Impact on Canadian companies

In 2020, changes were introduced by the FRC to the UK independence standards. Understand what this means for Canadian companies.
Are you ready for spring compliance season?

Are you ready for spring compliance season?

Spring tax compliance season is upon us. Many changes will affect a broad range of taxpayers, including recipients of COVID-19 subsidies.
Preparing a business case for a financial restructuring

Preparing a business case for a financial restructuring

Understand the key information you’ll need to prepare and provide to demonstrate you have too much debt and the wrong capital structure.
How to align stakeholder interests in a financial restructuring

How to align stakeholder interests in a financial restructuring

Learn why too much debt or the wrong capital structure can break alignment, and understand the risks associated with this.
Self employment losses reduce pre-accident gross employment income

Self employment losses reduce pre-accident gross employment income

If an individual is a business owner or employed by a company, should the self-employed business losses reduce income when calculating IRB?
Customs and trade implications for 2020 year-end planning

Customs and trade implications for 2020 year-end planning

2020 changes to customs regulations and agreements provide opportunity to review supply chain and trade compliance to mitigate risk/cost.
Canadian Budget Commentary

Canadian Budget Commentary

Stay up-to-date on issues & the impact arising from the current Canadian Federal Budget. RSM’s coverage includes articles, videos and more.
2020 Fall Economic Statement: Detailed commentary

2020 Fall Economic Statement: Detailed commentary

Read RSM’s summarization of the 2020 Fall Economic Statement released by the Canadian government Nov. 30, 2020.
Amendments: Business Acquisition Reporting for Non-Venture Issuers

Amendments: Business Acquisition Reporting for Non-Venture Issuers

Understand the amendments to Business Acquisition Reporting requirements for Non-Venture Issuers that came into effect November 2020.
Tax updates in Canada in response to COVID-19

Tax updates in Canada in response to COVID-19

Our tax alert summarizes the latest tax measures by federal and certain provincial government authorities amid the coronavirus pandemic.
Are employment insurance benefits deductible from IRB entitlements?

Are employment insurance benefits deductible from IRB entitlements?

Due to the varied nature of employment insurance benefits, some may be deductible and others may not, and case law will have to decide.