US citizens and their foreign reporting

US citizens and their foreign reporting

If you are a US citizen, we have some important information for you: The Canada Revenue Agency is sending the IRS the banking information of many Canadians; up to 600,000 banking records every year. As a US citizen, you are obligated to file a tax return with the IRS...
A New Year Begins!

A New Year Begins!

Ah, January. The start of a new year. For some people it means making resolutions, for accountants it means being mindful of the new tax regulations that come into play. This year, there are four major changes brought in by the federal government, two of which will...
Why Do Small Businesses Fail?

Why Do Small Businesses Fail?

We work with a number of small businesses in all stages, from start-ups to mature businesses that are ready to be sold. Over the years, we’ve noticed some common themes with businesses that are struggling. One of the main reasons is that business owners don’t delegate...