News

Moore Stephens North America is comprised of 40 member firms that provide key services across a wide variety of industries and niches. This month’s “Moore Together” is a collaboration between Cathy Johnson with The Bonadio Group and Asher Mendelsberg with Topel Forman.

New Jersey-based CPA Firm Names Jon Gagliardi as New Managing Partner

Tax on Split Income (‘TOSI”) was introduced in 2017, limiting the use of income splitting which allowed people the ability to income split with family members. While this isn't news, a special exclusion has been affecting holding companies. Learn about the tax planning options for those affected.

In Canada, the total financial losses due to fraud have reached an average of $200,000 in 2018. Organizations without effective fraud prevention and detection measures expose themselves to serious consequences that go beyond cost.

Learn how forensic accountant can help improve your processes and prevent fraud.

IFRS 16 will be releasing the old leasing standard, effective for annual reporting periods beginning on or after January 1, 2019. 

Learn about the updates and how this will affect lessees with significant operating leases, among others.

Separation and divorce have important tax and financial considerations that must be considered. Learn about some of the more important matters to be discused with your accountant before they become a burden.

Managing Partner of D&H, Leon Dutkiewicz, Jr., CPA, will lead Citrin Cooperman’s International Taxation Practice.  Additionally, three directors and 15 staff from D&H will join in the firm’s Philadelphia, PA office. The firm will also retain D&H’s Pitman, NJ office location.

Ottawa-based Marcil Lavallée joins Moore Stephens North America.

Jessie Kanter, CPA, has joined the Citrin Cooperman Providence, Rhode Island office as partner.

New Jersey-based MSPC Certified Public Accountants and Advisors have announced the promotion of Cathy Davis, CPA to Prinicpal.

Moore Stephens North America is comprised of 42 member firms that provide key services across a wide variety of industries and niches. This month’s “Moore Together” is a collaboration between Karl Kispert with Grassi & Co. and Arnold Klein with Topel Forman.

Massachusetts-based member G.T. Reilly announces the additions of two new professionals to audit staff.

Moore Stephens North America is comprised of 42 member firms that provide key services across a wide variety of industries and niches. This month’s “Moore Together” is a collaboration between Karl Kispert with Grassi & Co. and Arnold Klein with Topel Forman.

Moore Or Less is a monthly thought leadership piece from MSNA leadership. This month features MSNA Board Member Cheryl Burke discussing the power of curiosity.

In June of this year, the Cannabis Act (or Bill C-45) legalized the consumption of recreational cannabis across Canada.  While there’s still some time before this act is put into motion, now is the time to address the ramifications it will have in the workplace.
From accommodating medical cannabis to updating drug and alcohol policies, there are plenty of actions that need to be taken before October 17, 2018. 

In response to the difficulties the rise of e-Commerce created for Quebec sales tax, the Quebec government introduced the Mandatory Registration System (MRS, also known as “specified registration system”) for non-resident suppliers.
The rules associated with this policy can be difficult to understand for businesses and consumers alike, and could result in stiff penalties if not correctly enacted.

The Information Circular 89-3 (IC 89-3) outlines the general valuation principles and policies adopted by the Canada Revenue Agency (CRA) regarding the valuation of corporations for income tax purposes.
While there are no formal requirements in this policy statement, there are plenty of provisions that would suggest the importance of engaging a Chartered Business Valuator (CBV) to assist with tax-related situations.

Doing Business in the Cayman Islands

Cindy Davis joins MSNA team as office manager.

Richelle Maguire has joined member firm DGC as a Partner in their Private Client group.