EVENT DESCRIPTION

These videos were recorded at CPA Ontario’s Practitioner and Tax conference on October 10th-11th, 2018.

THIS 4-PART VIDEO SUITE INCLUDES THE FOLLOWING TITLES:

  • Important Legal Documents for Business Owners
  • Personal Insolvency - Debt solutions for your clients
  • Tips on Working with Your Client’s Lender When the Company is in Trouble
  • Best Practices: Avoiding Common Tax Errors that Lead to Claims

Important Legal Documents for Business Owners

Continuing powers of attorney. Business agreements between shareholders and partners. Wills and marriage contracts. As business owners, these are the types of legal documents your clients should have in place. Join Barry Corbin as he discusses which must-have legal documents will facilitate addressing contingencies in succession, incapacity, income tax and family law. If you have clients that run their business solo, or others who share the wealth (and work) with a partner, you’ll want to join this session.

Personal Insolvency - Debt solutions for your clients

Looking for ways to provide relief to a client in debt? In this session, Kathy Lenart will share two effective solutions under the Bankruptcy and Insolvency Act. She’ll also discuss how to recognize when an insolvency proceeding would be the best course of action, and how these proceedings can stop a garnishment by a creditor. This is the perfect opportunity to learn what assets the debtor can keep or lose, which debts are discharged and which survive, and how the Canada Revenue Agency is impacted by an insolvency filing.

Tips on Working with Your Client’s Lender When the Company is in Trouble

Mark Twain wrote: "A banker is a fellow who lends you his umbrella when the sun is shining and wants it back when it starts to rain." Successful business owners understand their business will inevitably experience financial difficulty and recognize the importance of building a trusted relationship with their company's lender for just this reason. Join Sheldon Title as he shares practical tips on working with your client's lender when their company is in trouble.

Best Practices: Avoiding Common Tax Errors that Lead to Claims

Over 50% of all claims made against accountants arise from taxation errors. If you want to do what you can to make sure you’re never on the wrong side of a claim, join Malcolm D’Souza as he goes over the most common tax errors made by small- and mid-sized accounting firms, and talks about the source of tax claims. This is your opportunity to grab some practical risk management tips on how to equip your practice and prevent claims.