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Your source for expert commentary and information in the fields of tax, accounting, human resources, estate planning and technology.

Do recent changes to CCA rules affect your business?

Capital Cost Allowance (CCA) is the tax equivalent of depreciation—it is the portion of the total cost of eligible capital assets that can be deducted for Canadian tax purposes. The first year CCA is claimed, businesses are generally limited to a deduction equal to half the amount calculated using an asset’s specific CCA rate. This […]

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The Current Status of Apprenticeship Credits for Ontario Employers

In November of 2017, the Apprenticeship Training Tax Credit—a refundable provincial tax credit based on salaries and wages paid to apprentices—was eliminated for any apprenticeship contract registered after November 14, 2017. At the time, it was announced that this credit would be replaced by the Graduated Apprenticeship Grant for Employers (GAGE). However, the Ontario Government […]

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2018 T1 Checklist

S+C Partners is here to help you smoothly navigate the tax season and get every tax credit and deduction you’re entitled to. Our 2018 T1 checklist is now available to assist you in organizing all the items required to complete your 2018 personal tax return. Click here to download our 2018 T1 Checklist.

The Importance of a Financial Controller to Small and Medium-sized Businesses

Owners of small and medium-sized businesses (SMBs) can often feel overwhelmed by the sheer scope of their responsibilities. Depending on the size and structure of their organization, their direct responsibilities may include hiring and managing employees, developing marketing and growth strategies, and building client relationships—all while ensuring that their business remains profitable and that daily […]

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