Please note: The Ottawa office has moved to 350 Albert Street, Suite 700
Tax tips for 2024 year-end
December 03, 2024 – As we close out 2024, now is the time to review your financial strategies and take action to reduce taxes and prepare for the year ahead. Whether you’re an individual taxpayer, business owner, or employer, the tips below will guide you through opportunities for tax savings, compliance, and financial optimization.
Contributions – Revenue Recognition and Related Matters
November 27, 2024 – In May 2024, the Accounting Standards Board (AcSB) released a Feedback Statement addressing responses to its March 2023 Exposure Draft, Contributions – Revenue Recognition and Related Matters. This project aims to enhance the consistency and clarity of financial reporting for not-for-profit organizations (NFPOs).
GST/HST Tax Holiday
November 25, 2024 – On November 21, 2024, the Prime Minister announced a two-month long GST/HST tax holiday in respect of the retail sale of a select list of goods.
The Welch ADVANTAGE
A Long-Term Mindset
Our focus at Welch LLP has always been on developing long-standing, trusted relationships with our clients and communities where we deliver the highest levels of accounting service.
Expertise
We deliver the knowledge and expertise of a large firm and the high-quality, focused service of a small firm.
Resourcefulness
We are known as an entrepreneurial firm. Resourceful and collaborative, we are problem solvers who listen, adapt and evolve.
Community
Each branch of our organization is actively involved in supporting the local community.
Technology Accounting
We deliver full lifecycle support for your business in all things financial, accounting and tax.
Not for Profit Accounting
Our work with a diverse range of not-for-profit organizations means we understand your complexities.
Government Accounting
We have developed a full range of services and deep knowledge of legislation to support public sector leaders.
Automotive Accounting
Our in-depth knowledge of automotive meets all your taxation, accounting and advisory needs.
Retail Accounting
Our one-stop-shop solution for all things retail could elevate you to the next big success story.
Construction Accounting
Welch has the expertise to support you and your business as you build a successful and sustainable future.
Media & Entertainment Accounting
While you use stories to connect people, we will use our expertise to connect you with your truest potential.
Independent Contractor Accounting
Our experienced team will give you tools to maximize your financial potential and minimize income and commodity taxes.
Real Estate
We understand the financial issues that home builders, real estate agents, property managers and commercial property owners face.
Manufacturing
We will work with you to integrate Canadian and US structures, making sure your company is compliant in its sales and income tax.
Professionals Accounting
We will help you build your practice and clientele to secure your future.
Healthcare Accounting
Optimize the way you do business by putting Welch at the heart of your success.
Restaurants & Food Services
Our team is on top of industry trends, market fluctuations and the latest tools to help you stay profitable.
OUR CLIENTS
Free Canadian Tax Preparation Services for Medical Students & Residents
We know preparing your personal income tax return can take a lot of time. We can do it for you free of charge.
Events
Sharing Knowledge On Trending Topics
Welch LLP Annual Accounting and Tax Technical Update for Not For Profit 2024
November 06, 2024 – Our expert speakers explore issues related to Accounting and Tax Standards, along with other topics vital to your non-profit organization or charity to help you prepare for the upcoming year.
Welch LLP Annual Accounting and Tax Technical Update for Private Enterprises 2024
October 09, 2024 – Gain insight for the year ahead. Our virtual Private Enterprise Accounting & Tax Update webinar will take place on October 9th at 10am.
Paint Night
September 04, 2024 – Join us for a creative evening of painting and networking! Whether you’re looking to connect with peers, and explore co-op placement opportunities, this event is designed to help you achieve your career goals.
NEWS
Numbers in the News: Welch LLP Reports
BKR International
As a member of BKR International, Welch has access to extensive resources and professional expertise to help our clients do business around the world.
Are You Ready To Talk To A Specialist?
Get in touch, tell us your needs and we’ll assign an industry specialist to your organization.
