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Tax Memos
Welch LLP’s Tax Memos are designed to keep you informed on important tax developments.
Ontario’s Small Business Tax Rate is Changing: What Business Owners Need to Know
August 20, 2026 – Effective July 1, 2026, Ontario’s small business corporate income tax rate will decrease from 3.2% to 2.2%, reducing the combined federal and Ontario tax rate on eligible small business income from 12.2% to 11.2%. The lower rate generally applies to the first $500,000 of active business income earned by a Canadian-controlled private corporation that qualifies for the small business deduction.
Penetration Testing in Action – Apple Recognizes Gurpreet Shergill for his Security Contributions
August 19, 2026 – We’re proud to celebrate an outstanding achievement by Gurpreet Shergill, a member of Welch LLP’s Cybersecurity team.
Welch LLP & Volunteers Remove 135 Pounds of Garbage from River Shoreline
July 27, 2026 – Welch LLP staff and fellow community volunteers joined Ottawa Riverkeepers for another successful Shoreline Cleanup Day, removing 135 pounds of garbage from the Rideau and Ottawa Rivers and surrounding shoreline.
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