#ResourceTookKit Archives - Clearline Consulting

The Minister of Finance, Chrystia Freeland delivered the 2024 Budget (the “Budget”) this afternoon. Highlights of the tax measures announced in the Budget are summarized below.   Capital Gains Inclusion Rates The Budget proposes to increase the current capital gains inclusion rate from 50% to 66.67% for corporations and trusts.  The Budget further proposes similar increases … Continue reading “Federal Budget: Summary of Tax Measures – April 16, 2024”

The past three years have been a whirlwind in public practice, with rapidly evolving tax legislation and no signs of a slowdown. At Clearline Consulting, we understand these challenges.  We offer a range of consulting services to alleviate your administrative burdens and ensure compliance with professional standards. As partners in public practice, we stand ready … Continue reading “Enhancing Your Practice: Comprehensive Consulting Services for Accounting Firms”

In the fast-paced world of public practice, it’s easy to get caught up in the day-to-day tasks of advising clients, managing deadlines, and ensuring compliance. Amidst this busy environment, it’s vital for accounting firms to stay ahead of the curve and embrace technology to remain competitive. One often-overlooked opportunity for firms is the Canadian Digital … Continue reading “Leveraging the CDAP Grant: Transforming Your Accounting Firm for the Future with Clearline Consulting”

Are you grappling with the complexities of the amendments under HB 3400 – revenue recognition standards? Perhaps you are only struggling with ensuring sufficient documentation to support compliance with the requirements. You’re not alone. The landscape of revenue recognition has undergone fundamental changes in recent years, with both US GAAP and IFRS moving away from … Continue reading “Navigating the Amendments to the Revenue Recognition Standard (ASPE): Clearline Consulting Resources“