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transport truck and personal services businesses

CRA is scrutinizing personal services businesses. Here’s why

As devastating as the global pandemic has been, it did create a new way of thinking for businesses large and small. Remote work became common, Zoom calls the norm and businesses of all sizes shifted their workflow, both to accommodate lockdown restrictions and the evolving work preferences of their employees. At the same time, a […]

Taking the Common Final Examination

Congratulating this year’s successful class of Common Final Examination writers

Every year we have the opportunity to welcome new team members to the KRP LLP family. And every year we’re reminded of the wealth of talent across Canada’s accounting industry—not to mention the passion and commitment to service excellence that these young professionals bring to our firm and our sector. Their dedication is truly inspiring. […]

business people at an office

Positioning your organization for post-pandemic growth

And now comes the hard part. As the acute phase of the COVID-19 crisis slowly winds down across Canada and business begins to return to normal—albeit very slowly in provinces such as Ontario—leaders are finally able to take a deep breath, survey the financial damage and prepare for the post-pandemic recovery. Others may conduct the […]

CFE Exam

Introducing KRP LLP’s successful Common Final Examination writers

As a firm, KRP LLP has long been dedicated to providing you with the very best service, experience and expertise possible. Meeting that standard has meant working to enhance our strategic tax, accounting and assurance capabilities by recruiting and developing the best talent our industry has to offer. On that note, we’re proud to announce […]

Managing one of the overlooked aspects of growth: business change

So, you’ve founded a company, managed to survive the first few start-up years and now employ a staff of around 20 people. The good news: you’ve come further than the average entrepreneur, who, statistics show, will start and crash out of multiple businesses before eventually achieving success (assuming they do, indeed, manage the feat). But […]

Looming GM plant closure reminds SMEs of the need to adapt to changing customer demand and technology

When General Motors announced plans to shutter its Oshawa assembly plant after more than a century of production, headlines bemoaned the end of an era, not to mention the further decline of the once-impressive Canadian automotive industry. Commentators debated whether the move—which GM said was part of its wider global restructuring plans, and not reflective […]

Tax efficient ways to make a difference this holiday season

This is the most wonderful time of the year—not to mention the season of giving. That’s why many organizations and individuals are taking the opportunity to give back to their community or their favourite charities over the festive season. Recently, the trend is for organizations to involve their employees and create team events where everyone […]