Update: Realtors, treat yourselves fairly
In our previous blog post titled “Realtors, treat yourselves fairly”, we discussed Bill 145, Trust in Real Estate Services Act, 2019, which would provide realtors with the ability to incorporate a professional real estate corporation. Bill 145 received Royal Assent and has been made into law…
View the post titled Update: Realtors, treat yourselves fairlyPhysicians and dentists: The process of incorporating a professional practice
Physicians and dentists in Ontario are permitted to incorporate a professional corporation through which they may practice their profession. There are significant benefits associated with incorporating, and most professionals choose to take advantage of these benefits by establishing a medic…
View the post titled Physicians and dentists: The process of incorporating a professional practiceBusiness Essentials – Episode 6: Professional practice law and running a practice virtually
In Siskinds’ Business Essentials, a limited-run podcast series, Chris Sinal of Siskinds’ Labour & Employment group sits down with some of the firm’s business lawyers to discuss current issues and challenges facing our clients as they adapt to the new business environment resulting from …
View the post titled Business Essentials – Episode 6: Professional practice law and running a practice virtuallyPlan early for the sale of a dental practice
The sale of a dental practice can be quite complex and involves many factors that the dentist must consider. In this article, retired Siskinds’ partner and business lawyer, Henry Berg, discusses the benefits of planning early for the sale of a dental practice to ensure that the value of the …
View the post titled Plan early for the sale of a dental practiceCybersecurity and privacy considerations for Professionals
Professional organizations, including medical, dental and other health care practices, continually depend on technology and digital advancements to collect, store and organize information about their patients. Increasing use of electronic data and electronic medical records creates a heighte…
View the post titled Cybersecurity and privacy considerations for ProfessionalsRealtors, treat yourselves fairly
Note: An update to this post can be found here which discusses Bill 145 receiving Royal Assent, and the need for the provincial government to implement supporting regulations. Bill 145, Trust in Real Estate Services Act, 2019, represents a potential opportunity for realtors in Ontario to eng…
View the post titled Realtors, treat yourselves fairlyShould I practice through a professional corporation?
There are many benefits associated with incorporating a professional corporation, including lower corporate tax rates, investment and tax strategies, and planning for retirement. Professionals are advised to seek legal and accounting advice in order to determine whether incorporation is appr…
View the post titled Should I practice through a professional corporation?Establishing a medicine professional corporation: Who is permitted to own shares?
The Regulated Health Professions Act allows medical professionals to establish a corporation for the purpose of practicing medicine. Creating a Medicine Professional Corporation (MPC) may be financially beneficial for physicians since the tax rate of the corporation is much lower compared to…
View the post titled Establishing a medicine professional corporation: Who is permitted to own shares?Expanded tax on split income (TOSI) rules for professionals
Many professionals choose to incorporate a professional corporation to take advantage of the various tax benefits of doing so. Professionals, such as physicians and dentists, who are permitted to include family members[1] as shareholders, have historically been able to benefit from income s…
View the post titled Expanded tax on split income (TOSI) rules for professionals6 key elements of a business succession plan
Business succession planning is an important part of operating a successful business and developing a strong retirement plan. In this article, retired Siskinds’ partner and business lawyer, Henry Berg, discusses the importance of careful and intentional planning in order to ensure a successf…
View the post titled 6 key elements of a business succession planReceive Blog Posts
By subscribing to our blog, you will receive an email when a new post is added. You can unsubscribe at any time by sending an email to us at [email protected] with the word “unsubscribe” in the subject line.