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.
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
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