Tax Tips
Exit Planning 101: What Business Owners Should Start Doing 5 Years Before a Sale
Givens LLP > Tax Tips Exit Planning 101: what business owners should start doing 5 years before a sale Givens LLP | February 19, 2026 SHARE For many Canadian entrepreneurs, their business is their biggest asset—and often their retirement plan. Yet most owners don’t begin thinking seriously about their exit until a sale or…
Read MoreCanada’s 2025 Federal Budget: Key Tax Updates and What They Mean
Givens LLP > Tax Tips Canada’s 2025 Federal Budget: Key Tax Updates and What They Mean Givens LLP | January 21, 2026 SHARE On November 4, 2025, Canada’s federal government introduced its 2025 Budget, focusing on several personal tax measures that affect both individuals and organizations—especially those with globally mobile employees. Below is an…
Read MoreBare Trust Reporting in Canada: What’s Changing for 2025 and What You Need to Know
Givens LLP > Tax Tips Bare Trust Reporting in Canada: What’s Changing for 2025 and What You Need to Know Givens LLP | December 18, 2025 SHARE The Canadian tax landscape has seen significant changes in recent years, and one area that has generated considerable confusion is bare trust reporting. If you are a…
Read MoreUnderstanding the Voluntary Disclosure Program in Canada – Key Changes Effective October 1, 2025
Givens LLP > Tax Tips Understanding the Voluntary Disclosure Program in Canada – Key changes effective October 1, 2025 Givens LLP | November 18, 2025 SHARE The Voluntary Disclosure Program (VDP) is a program run by the CRA that allows taxpayers (and registrants) to come forward on a case-by-case basis and correct errors or omissions in their tax filings before the CRA…
Read MoreHow to Prepare for a CRA Review
Givens LLP > Tax Tips HOW TO prepare for a CRA Review Givens LLP | October 21, 2025 SHARE Running a small business in Canada comes with many responsibilities, and one of the most stressful part of it can be receiving a notice from the Canada Revenue Agency (CRA) for a review. While a…
Read MoreUnlocking Training Opportunities: The Canada-Alberta Productivity Grant (CAPG)
Givens LLP > Tax Tips Unlocking Training Opportunities: The Canada-Alberta Productivity Grant (CAPG) Givens LLP | September 22, 2025 SHARE One important funding opportunity currently available in Alberta is the Canada-Alberta Productivity Grant (CAPG). This program provides financial support to employers who invest in productivity-focused training for their teams, making it an attractive option…
Read MoreCybersecurity Made Simple: A Guide for Busy Entrepreneurs
Givens LLP > Tax Tips Cybersecurity Made Simple: A Guide for Busy Entrepreneurs Givens LLP | August 21, 2025 SHARE In today’s digital-first business world, we handle more sensitive financial data online than ever before. Strategic plans, payroll records, banking details, client contracts and vendor information are prime targets for cybercriminals. A single breach…
Read MoreIncorporating Your Small Business
Givens LLP > Tax Tips Incorporating Your Small Business Givens LLP | July 22, 2025 SHARE Incorporating your business is a major step —and one that could save you money, limit your liability, and make your company more attractive to investors. But it also brings about new responsibilities and complexities. At Givens LLP, we…
Read More6 Reasons to Outsource Your CFO and Controllership Needs
Givens LLP > Tax Tips 6 Reasons to outsource your cfo and controllership needs Givens LLP | June 18, 2025 SHARE In today’s fast paced and complex business environment, businesses – especially startups, scale-ups and mid-sized enterprises, need high-level financial expertise to grow and thrive. However, hiring a full-time Chief Financial Officer (CFO) or…
Read MoreSpring Cleaning: Tips for Self-Employed Canadians and Incorporated Businesses
Givens LLP > Tax Tips Spring Cleaning: Tips for Self-employed canadians and incorporated businesses Givens LLP | May 21, 2025 SHARE You’ve hopefully completed your personal income tax return by now. With the sun shining and flowers blooming, spring is a great time to step back, reassess and get proactive about your current accounting…
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