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5 Lessons from the Economic Downturn
In economic downturns such as the one experienced recently (and to some extent still continuing), new opportunities can emerge. There are business lessons to be learned from difficult economic times and these centre on the subject of change. What changes should you...
Buying or Selling a Business
People are sometimes surprised to discover the effort involved in buying or selling a business. If you are considering either, it is wise to consult experienced advisers. On any given day, one or more Lipton LLP professionals are assisting clients in their pursuit of...
Partnership Year-Ends – Tax Changes
W hat are the tax implications of a member of a corporate partnership having a fiscal yearend different from that of the partnership? The latest federal budget provides a new answer to that question. Previously, partnerships owned by corporations could defer taxes on...
Donations of Flow-Through Shares
Registered charities may receive fewer donations when proposed changes introduced in the March 22, 2011 federal budget come into effect. These proposals, which are now in draft legislation, aim to reduce the tax benefits of donating publicly traded flow-through shares...
Using Social Media in Your Business
Social media is acknowledged by most business owners today, yet there is still confusion over how it should be used. According to Systems Administrator Bryan Walderman, the question is not if, but how you should use social media as a marketing tool. “Social media is...
Professional Profile – Jeffrey Nightingale, BComm, MBA, CA, TEP
Senior Tax Partner Jeff Nightingale values the same things at Lipton LLP today as he did when he joined the firm 25 years ago. “We are a true partnership. Even with all the changes in business and technology, our core values have remained the same. We share ideas...
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