The 2024 Canadian Federal Budget
On April 16th, 2024, the federal government released its budget for the upcoming year, with various aims to enhance social welfare. This budget also introduced tax legislation changes that may have si
K&P CPAs enhances its advisory and tax planning through Ask Blue J, Generative AI for Tax
K&P CPAs, a boutique licensed public accounting and valuations firm based in Toronto, Canada, is pleased to announce its adoption of Ask Blue J, generative AI for tax research. The firm prides its
Wealth transfer
Introduction Canada is currently experiencing a significant demographic shift that is reshaping the landscape of wealth distribution: the inter-generational transfer of assets. As the baby boomer gene
Valuing a Business
Introduction Clients often approach us inquiring about what a business valuation entails. Their interest stems from many situations that include: (i) a lender has asked for a valuation to facilitate a
Limitations of Rule Of Thumb Approaches in Business Valuation
Introduction In the realm of business valuation, professionals often encounter a term known as the “rule of thumb.” Business owners often benchmark their businesses against a rule of