Avisar News

Preparing for retirement can be a very stressful experience, with so many factors that you need to consider. How much money will I need to maintain my standard of living? How much will I want to travel? How long will I live? What if I outlive my money? There’s so much uncertainty, that financial rules......

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Privacy and data security are becoming an area of significant concern for both businesses and individuals. It is important you understand the laws and your obligations in this area to reduce and mitigate risks. Overview of the Privacy Regime in Canada The Personal Information Protection and Electronic Documents Act, SC 2000, c 5 (PIPEDA) is......

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You’ve met with your lawyer and drafted your last will and testament. Congratulations – you are doing better than half of your fellow Canadians! But drafting your will should never be a “one and done” exercise. It’s generally best practice to review your will every three to five years, to make sure that it still......

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In 2008, after interviewing researchers in neuroscience and psychology, Dr. David Rock summarized his findings in a model of behaviour based on three basic principles: people treat emotional or social threats with the same level of intensity as physical threats and rewards; people’s ability to make good decisions and collaborate is weakened when they are......

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Whether you prepare the return yourself or have them prepared by your CPA, it’s almost time for all Canadians to be gathering their paperwork together for their 2018 personal tax returns. So, what changes for 2018 might affect your business? And, what other tax changes are coming into effect in 2019? Changes Affecting Canadian-Controlled Private......

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Automating an owner-managed business entails more than purchasing a new piece of equipment. The most successful transition requires a careful analysis of existing production process, an understanding of where and when change is required, staged rather than wholesale transition, targeting repetitive employee tasks that can be automated, integration of production changes with business systems, involvement......

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2019 Federal Budget Highlights Released March 19, 2019 When it comes to providing accounting and business advisory services, developing a solid business relationship and understanding clients’ needs are key to obtaining successful results. At Avisar Chartered Professional Accountants, providing personalized, value-added service is the top priority. Clients rest assured in the knowledge that the professional......

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The high cost of equipment demands that owner-managers have an in-depth understanding of the cost of owning and maintaining specific types of equipment, to ensure that it contributes to a positive return on investment. Factoring the significant costs of equipment ownership into a pricing formula could increase your sales figures and at the same help......

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The normal procedure for business transactions follows the tried-and-true method of selling a product or service and recording the income. The income earned is taxable as earned income. Rather than use the traditional approach, many individuals and businesses may decide to barter their products or services. Did you know that good business practice would suggest......

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CPA Canada calls for a review and possible overhaul of our country’s tax system to boost business and better serve Canadians.   The article can be found on the CPA website: Tax system review will boost business, better serve Canadians...

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