Resources & Articles


Managed services can deliver results for businessesNovember 30th, 2023

Effectively utilizing managed services is becoming a critical success factor for companies of all sizes and in all industries. Often times, a board might recommend...
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Minority Shareholdings – Does a
Minority Discount Apply?
November 27th, 2023

Who are minority shareholders? A minority shareholder is any shareholder who does not own a controlling interest in a public or privately-held company. What is...
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Federal Economic Statement 2023November 24th, 2023

(authored by RSM CANADA) On Nov. 21, 2023, Canada released the Federal Economic Statement, which provides an overview of Canada's finances and sets out new tax measures.
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New Financial Statement Disclosure Requirements for the Construction Industry and Enhanced Guidance Issued for the Percentage of Completion Method under ASPENovember 23rd, 2023

The Accounting Standards Board has issued significant application guidance for entities utilizing the percentage of completion method (POC) for revenue recognition under Canadian Accounting Standards...
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Tax Considerations for Canadian SnowbirdsNovember 22nd, 2023

(authored by RSM CANADA) Canadian residents travelling to the United States for extended stays should carefully plan travel to avoid unintended Canadian and U.S. income tax consequences.
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Boost Your Employee Productivity and Profitability in Business ServicesNovember 17th, 2023

Investing in development, technology, automation, and outsourcing can improve employee productivity and profitability in business services. In this article, written by RSM Canada, they explore...
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Association and HSTNovember 9th, 2023

In the tax world, association can have a significant impact on your income taxes, but it can also impact your GST/HST as well.   When it...
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2023-2024 Corporate Income Tax RatesNovember 6th, 2023

RSM has created a handy table of the tax rates imposed by the federal and provincial/territorial authorities on income earned by Canadian-controlled private corporations (CCPCs)...
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Inflation, Interest Rates Will Have a Surprising Effect on Your Taxes Next YearNovember 3rd, 2023

The Bank of Canada’s decision this week to hold its benchmark interest rate steady at 5% as it attempts to battle inflation was welcome news...
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CEBA REPAYMENT DEADLINE EXTENDED: Some IssuesNovember 2nd, 2023

On September 14, 2023, the Department of Finance provided details on extending the deadline for Canada Emergency Business Account (CEBA) repayments, including the following key...
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