One of the many challenges for dentists when running a dental practice is determining how best to organize the practice and, more specifically, the assets…
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If you’re planning on selling your dental practice, you may have spent some time thinking about what you’ll be able to do with your hard…
Thinking of selling your practice? You should try to qualify for the Lifetime Capital Gains Exemption (“LCGE“). Why? Because it could save you big in…
So from May 1, 2005 to December 1, 2008, Patterson Dental was selling anesthetic solutions and NOT charging GST. Why not? Well, the theory (per…
Here’s the scenario: you’re selling assets and your accountant advises you that it’s best to have a written agreement with the buyer concerning the allocation…
We do lots of dental deals each year in Ontario. And buried in the legal paperwork is this statement that the selling dentist or dentistry…
Bottom Line: Use Em If You Got Em! In the recent tax court case of Zhang v. Her Majesty The Queen, 2017 CarswellNat 7397, the Tax…
The U.S. just passed a major tax overhaul (the first since 1986) that will decrease corporate tax rates from 35 to 21 percent. The idea…
Since taking office, the Trudeau Government has introduced higher tax rates for those earning the most (i.e. those who’ve worked hard to build their business)….
OK. Buckle up. Things are about to get complicated, but hopefully, after you read this, it will make some sense. Trust me; this stuff is…