Selling a Business in Ontario

Selling a Business in Ontario

Selling a Business in Ontario There are two ways to sell a business in Ontario: (1) Selling the underlying assets of the business; or (2) Selling the shares of the corporation that owns the assets and operates the business. Usually, it is preferable for the seller to...
Should I have a Holding Company?

Should I have a Holding Company?

DISCLAIMER: The information in this article is not (and is not intended to be) legal advice. This is legal information only. Reviewing information about the law may help you understand whether you need legal assistance. Whether and how this information applies to your...
New Domain Names

New Domain Names

New Domain Name Extensions Top-level domains (TLD’s) are the extensions that specifies a website type and location;  .com or .ca for example. There are currently only a dozen or so to choose from. But a huge expansion in 2014 will see 1400 possible TLD’s...
Deducting Legal Fees for Tax Purposes

Deducting Legal Fees for Tax Purposes

Deducting Legal, Accounting and Other Professional Fees Many startups do not realize that their legal and accounting fees can be deducted as a business expense for tax purpose. Here is the CRA’s full archived guide to deducing legal and accounting fees. The...
Crowdfunding: Are We Really that Mad?

Crowdfunding: Are We Really that Mad?

This article was originally published in an abbreviated form on the Financial Post website. By John Wires and Craig Asano Utter the word “crowdfunding” to anyone trying to raise capital for a worthwhile start-up and you’ll see a sour face turn hopeful. While it’s hard...