Featured Archives - NVS Professional Corporation

Accountant holding hands with clients supporting paper cut out of family representing estate planning

Accountancy

Death and Taxes – Estate Planning Canada

Whether you’re 30 or 70, estate planning should be a critical part of your long-term financial strategy. A well-structured estate plan ensures your loved ones receive the maximum benefits from your assets while minimizing their tax liabilities. The key is understanding how wealth is taxed upon death and using the various tools available to protect your estate. Comprehensive plans should employ a combination of strategies, from spousal rollover to the establishment of trusts. To learn more about developing a tax-efficient estate plan that preserves your legacy, read the full article now.

NVS Professional Corporation August 29, 2024

Business decision makers assessing a company's key performance indicators

Advisory

Key Performance Indicators – Setting Your Business up for Success

In the modern digital world, data is power. Businesses that know how to use it hold the cheat sheet for sustained growth and long-term success. That’s where Key Performance Indicators (KPIs) come in. KPIs assess how effectively a company achieves its goals. They transform raw data into actionable insights essential for informed decision-making. By tracking KPIs, companies can identify trends, forecast future performance, and benchmark against competitors, ensuring that every step taken is a step forward. To learn more about KPIs and how to select the right ones for your enterprise, check out the full article here.

NVS Professional Corporation August 22, 2024

Magnifying glass investigating quality of earnings

Accountancy

Buying or Selling a Business – Quality of Earnings Reports

In mergers and acquisitions, obtaining a detailed Quality of Earnings (QoE) report is the cornerstone of effective due diligence. QoE reports focus on the accuracy, sustainability and predictability of earnings. They don’t just examine revenue, cash flow and profit margins, they review assets, working capital, debt structures, accounting policies and financial controls. Through expert analysis, QoE reports assess past performance and future projections while uncovering potential risks and opportunities that may not be apparent from standard financial statements alone. Read to full article to learn more about this crucial document.

NVS Professional Corporation August 14, 2024

Advisory

5 Tax-Efficient Ways to Withdraw Money From Your Corporation

What is the most tax-efficient way to withdraw money from a corporation? It’s a straightforward question with a not-so-simple answer. From salary vs dividends to shareholder loans and capital dividend accounts, there are many ways to structure your withdrawals. Our latest article takes a look at some of the most commonly used methods and discusses the tax implications of each.

NVS Professional Corporation June 21, 2024

Business managers innovating and discussing new ideas in background with lightbulb drawing in foreground

Advisory

SR&ED Tax Incentives – A Comprehensive Guide

The SR&ED program provides more than $3 billion in tax incentives to Canadian businesses annually. You don’t need to be a mega corporation with dedicated R&D facilities to apply. Innovating companies from any sector can carry out work that is eligible, with roughly 75% of the funds going to small businesses. Read our essential guide to learn more about these powerful tax incentives and how they can help your company drive growth and innovation.

NVS Professional Corporation May 30, 2024

Tax

10 Common Tax Return Mistakes and How to Fix Them

Filing your tax return accurately and completely is crucial to avoiding penalties and potential CRA audits, while at the same time maximizing your tax savings. By being aware of the most common tax return mistakes and taking steps to fix them, you can save time, money, and future headaches! Read the full article to avoid these 10 tax pitfalls.

NVS Professional Corporation April 4, 2024

Tag: Featured

Death and Taxes – Estate Planning Canada

Key Performance Indicators – Setting Your Business up for Success

Buying or Selling a Business – Quality of Earnings Reports

5 Tax-Efficient Ways to Withdraw Money From Your Corporation

SR&ED Tax Incentives – A Comprehensive Guide

10 Common Tax Return Mistakes and How to Fix Them

Featured Articles

Death and Taxes – Estate Planning Canada

Key Performance Indicators – Setting Your Business up for Success

Buying or Selling a Business – Quality of Earnings Reports

Categories

Company

Support

Newsletter