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…
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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…
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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…
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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…
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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…
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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…
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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…
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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).…
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The good news is that there wasn't anything overly devastating for dentists. We were worried, leading up to the release of the 2016 federal budget,…
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