Sunday’s= Personal Tax Do you have any inventory? If the answer is yes and you have a December year-end, then you need to count your inventory either on December 31 after the close of business or in January before you do any business.
Saturday’s= Retirement People who plan for retirement tend to be conservative in their spending. People who do not plan for retirement are more likely to spend money easily. Clearly these are over simplifications, but the point I am trying to make is that there is a balance to be struck between enjoying each day and […]
Friday’s= Computer Security The internet of things is providing us with new concerns. Once your home or office is completely wired to the internet, fraudsters will have more to work with. Fraudsters are able to take over the microphones and cameras in computers and will have less trouble doing the same thing with toys that […]
Thursday’s= Governance If you are on the board of a charity then the end of December could create some drama. Canadian taxpayers want to get a tax deduction for the donations they have made during the year. You need to establish a policy about the dates on donation receipts. If you receive the money after […]
Wednesday’s= Succession When a business owner sells their business, there is a temptation to take some of the debt back from the purchaser. This happens when the buyer does not have all of the money that the seller wants. The compromise is that the seller gets the money they are looking for — but they have to […]