Our team is always up to something. Read our latest insights, news and updates here.
Sell or keep it? That’s a key decision of business owners and largely dependent on whether there are family members who have demonstrated interest and /or been groomed to take over. If you are looking to transition your business to family, a business valuation will typically be used to assist in completing an estate freeze … Continued
Every business owner will exit their business either voluntarily through a planned departure (i.e. the passing of the proverbial torch to the next generation, or via a sale to a third party) or involuntarily through death or disability. Taking the time now to plan for this eventuality provides control and ensures that as an owner, … Continued
Why is SB Partners in business? To care for and strengthen the fabric of our community. We care for and strengthen our clients/business community, the community we work and live in and the community within SB Partners. For the Community we work and live in, here are some of the ways we have been living … Continued
A 2012 report by economist Benjamin Tal stated that “Canadians over the age of 50 are the fastest growing segment of the startup population, owning nearly 30% of new businesses.” As baby boomers move towards retirement, those that have their own business need to start thinking about what they are going to do with what … Continued
The team at SB Partners is ready to help you navigate tax season smoothly. To help assemble your financial information for the preparation of your personal income tax return, a T1 checklist is now available. The list will help you to identify, collect and collate information required for your tax return. Please click here for a copy … Continued
SB Partners has been selected as “Best Accounting Firm for 2018” for the Burlington Post Readers Choice Awards. The Readers Choice Awards is an opportunity for the public to vote for their favourite businesses. SB has consequently received this award for the past 10 years. We couldn’t have achieved this without the support of our clients … Continued
In this blog, we update you on the hotly contested July 2017 private company Canadian tax proposals. First, there is cause for modest celebration by business owners: the initial adverse proposals intended to i) limit access to the capital gains exemption and ii) prevent converting income received from a private corporation into lower-taxed capital gains … Continued
Please join us in celebrating International Women’s Day 2018 Pressing for women’s progress is a year-round commitment for SB Partners. We are honoured to have earned the trust of the many inspiring women who lead businesses or manage wealth as SB clients. Internally, we seek to demonstrate that SB Partners — and the accounting profession … Continued
It is with sadness that we share that our former colleague and friend, Arch Lawrence passed away on Saturday, February 24th. Arch was a valued Associate Partner when SB was called Scott, Batenchuk & Company and retired in April 1997. If you did not know Arch, you probably know Beth. Beth helped us during tax … Continued
The federal Liberal government introduced their third budget yesterday. Budget 2018 concentrated more on spending and a political agenda rather than tax changes. We have outlined the key measures in the budget that will affect our clients. Passive Investment Income As expected, the budget introduced measures relating to holding passive investments inside a private corporation. … Continued