Blog Posts

Nominee Partnership Returns for 2011

Wednesday, March 28, 2012 by Stella Gasparro
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Do you hold a partnership interest on behalf of someone else? Last chance to file partnership returns.
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Incorporating Your Business – Am I Too Late?

Tuesday, May 03, 2011 by Carol Hanney
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A financial planner contact recently brought a new client to me. The client (“Bob”) was investigating incorporating his business and wanted to understand the benefits. Bob had built his business over the last 8 years and was looking at selling within the next 5 years. He already had potential purchasers asking: “would you consider selling?”
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Federal Budget brings changes to Corporate Partnerships

Friday, March 25, 2011 by Wayne Paproski
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For tax purposes, a partnership is not considered a taxpayer, but rather an entity that calculates and allocates its taxable income to its partners. The partners then include this allocation in their taxable income in the year containing the fiscal year end of the partnership.
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