Accounting Blog for Businesses in Burlington, Oakville & Hamilton | SB Partners

Filter posts by:

Important Information - Ontario Annual Information Return

New Ontario Business Registry The new Ontario Business Registry (the “Registry”) is an online platform that digitizes many of the services provided to organizations that carry out business in Ontario. The registry allows businesses and …

Preparation and Planning Key to Selling a Dental Practice

Setting your dental practice up for a potential sale should ideally start about three to five years in advance. This will give you enough time to develop more value in your business. Planning for things like staffing costs, expenses, and large …

Tax Considerations of Incorporating Your Dental Practice

Is it time to open your own practice or revise the structure of your existing dental practice? As with other professions, opening a dental practice can be done through three main structures. Sole Proprietorship, Partnership, or Professional …

Business Valuation 101: Fair Market Value

In completing valuation reports, Chartered Business Valuators (CBV) are guided by the principle of fair market value. Fair Market Value (noun) The highest price available, in an open and unrestricted market, between knowledgeable and prudent …

Net Working Capital and the Sale of a Business

Before discussing how to minimize the impact of the Net Working Capital issue, it is important to understand what we mean by Net Working Capital and the significance of Net Working Capital to the structure of a transaction. To start, it is important …

Alignment and Intentional Partnerships lead to success at Youth Inspire Community Day

On November 19th, 2021, Dare to be You hosted their first Youth Inspire Community Day. Speaking with founder Shannon Tobin and the Director of Development, Drew Simon, we were thrilled to learn that as the first sponsors to come on board for the …

Navigating Vehicle Delivery Through the Proposed Luxury Tax

Who pays? The Luxury Tax will apply to registered and non-registered persons or vendors as follows. Where a non-registered person (consumer) purchases a specified vehicle, e.g. an automobile from a dealership, the Luxury Tax would be paid by the …

Valuation Considerations other than COVID?

The magnitude of the impact climate change will have on the value of particular business will vary depending on the industry in which it operates. However, all businesses are being, or are expected to be, impacted by climate change. The impact may …

ONCA Provides More Options to Not-for-profit Corporations in Ontario

ONCA Has Arrived…Finally On October 19, 2021, significant changes to the regulations governing not-for-profit corporations (NPCs) in Ontario came into effect when the long-awaited Ontario Not-for-profit Corporations Act, 2010 (ONCA) was brought into …

A blog post default image.

New Client Portal

SB Partners is excited to share we are launching a new client portal to better serve your needs! The firm’s current client CCH Portal (https://cchportal.ca/PortalThin/#/login ) will be retired on Thursday, November 30th. CCH Portal will be replaced …

Dealerships Go Virtual

Managing the transition to online sales The economic shifts occurring are creating interesting and exciting new opportunities for many industries, particularly as businesses transition to more or exclusively online sales. This shift has seen …

Budget 2021 propose changes to promote CCPC business investment until 2023

As the Government continues to roll out measures to alleviate the economic impact of the pandemic, the 2021 federal budget proposed legislation for a temporary measure that would encourage Canadian Controlled Private Corporations (CCPCs) to invest …

What Is Your Status? Not-for-Profit vs. Charitable Organizations

Many organizations are becoming increasingly active in philanthropic activities and engagement. The range of causes looking for support is huge. Sector Source, a project run by Imagine Canada, reports over 170,000 charities and not-for-profits in …

Optimize tax deductions from your rental properties with a good plan

Expense this, deduct that Investing in real estate is a great addition to investment portfolios. Whether you hold property waiting for the value to increase, or utilize it for rental income, investing in real estate has been a popular choice for …

What is an RRSP and How does it work?

Registered Retirements Savings Plans (RRSP) were introduced in 1957 by the government as an alternative vehicle Canadians could use to save for retirement. Essentially it is an account that is to be used as a long-term savings plan, with the …

Previous
1
2
3
4
5
6
7
8
9
…
17
Next

Get in touch with us

Do you have a question for SB Partners? Need help to understand your business financials or value? We’re here to help with all of your accounting needs, please get in touch today.

Email us at help@sbpartners.ca or give us a call at 905-632-5978 or toll-free at 1-866-823-9990.

Want to stay up to date with the latest news, tax tips, CRA alerts, and industry insights? Sign up for our newsletter.

Great places to work logo for 2025 and Readers Choice winner logo for 2024

Name*
Email Address*
How can we help?*
Please provide details of your query:*
How did you hear about us?*
Email
This field is for validation purposes and should be left unchanged.
Phone
This field is for validation purposes and should be left unchanged.

Upgrade to a newer browser for a better experience.