by cpiwebdesign | Aug 30, 2013 | Uncategorized
For those of you considering taking advantage of income splitting loans with family members, it is expected that the CRA will raise the current perscribed interest rate of one percent (1%) to two percent (2%) on October 1, 2013. As a result, now is an ideal time to...
by cpiwebdesign | Aug 7, 2013 | Uncategorized
Lipton LLP Chartered Accountants is proud to announce that the Institute of Chartered Accountants of Ontario (ICAO) has granted the prestigious designation of Fellowship to Mel Leiderman. Fellowship, the highest designation that the Institute confers, recognizes...
by cpiwebdesign | Jul 1, 2013 | Uncategorized
Lipton LLP announces our latest promotions The Partners of Lipton LLP Chartered Accountants are pleased to announce the following promotions effective July 1, 2013: Bryan Walderman, BA, MCSE, has been promoted to Manager of IT Services. Bryan has been...
by cpiwebdesign | May 7, 2013 | Uncategorized
Finance Minister Charles Sousa delivered Ontario’s 2013 Budget, his first as Finance Minister, on May 2, 2013. The Budget is projecting a deficit of $9.8 billion for 2012-13, $5 billion lower than projected a year ago, and increasing to $11.7 billion for 2013-14. The...
by cpiwebdesign | Apr 5, 2013 | Uncategorized
Family members must understand the responsibilities and risks associated with becoming directors of a family-owned corporation. Know What You’re Getting Into Incorporation of an owner-managed business requires shareholders to elect a board of directors to assist in...
by cpiwebdesign | Mar 28, 2013 | Uncategorized
If the shareholder of an owner-managed business decides to retire without ownership passing to family members, a number of factors should be considered. How will the business carry on? In some cases it can be sold to an employee or management team in whom the owner...
