Wind Up Your Family Trust; is now the perfect time?
New income tax rules have been introduced that will mean more onerous reporting requirements for Family Trusts in 2021. The government feels that there has been a lack of transparency and reporting in the administration of trusts, and are now requiring mandatory reporting on the details of these trust and the people involved in them.
Protecting Company Data from Cyber Criminals
COVID-19 has forced many businesses to have their employees work remotely. Most employers were not prepared for such dramatic changes to daily business operations and have adopted to the crisis situation on the fly.
What to Do When All Else Fails – Small Business Guide to COVID-19
We are realistically only one month into the shutdown due to the COVID-19 pandemic, and already businesses are starting to feel a serious pinch. This is a serious concern not only for the small businesses, but for all of us in Kelowna. Small businesses are the pillars in our community – they’re the sponsors at our charity events, they pay the salaries of thousands of Kelowna citizens, and their profits remain local, spent at local businesses. We ALL have an interest in keeping local businesses alive.