A GARG CPA

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Data Privacy & Security in Burlington

Data privacy and security: What you need to know

No matter what type of data your organization retains, it is most likely worth securing. Protecting data is no longer just a technical discussion but requires dedicated coordination between many different areas of an organization. The importance of protecting data Corporate transactional data, client information or other

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Principal Residence Exemption Canada

Principal residence exemption – common questions

CPA expertise can help clients maximize this exemption and minimize taxes when it is time to sell property. When filing personal income tax returns, how to report a property sale can be confusing and expensive, dependent on value appreciation and the capital gains tax owed. Luckily, under

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Buying a Business in Canada: Planning Tips

Buying a Business: A Little Planning Goes a Long Way

Last month, one of our client, an existing businessperson who was thinking about buying a new business. Fortunately, they are very experienced and understood many of the issues they would face. Despite that, we advised them to  took the step of discussing the purchase with their lawyer

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tax consequences of leaving Canada permanently

The tax consequences of leaving Canada permanently

From assets and property to personal ties, several factors will affect your taxation, so detailed planning needs to be done in advance of the move. About three million Canadians currently live outside the country. And many others contemplate making a move at some point in their lives

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Taxation of Stock Options

Taxation of Stock Options

Stock options are beneficial to employees, allowing them to purchase shares in their employer corporation (or related company) below fair market value. Stock options can be a useful way to remunerate key employees when a company has a cash shortage (and the options would actually bring cash

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