Given the state of emergency and the general stay-at-home orders in place in Ontario, many of our clients have been taking some extra time to ensure that their personal affairs are in order, including updating or drafting their Will or Power of Attorney. However, given the current guidelines on social
The Provincial Government declared a state of emergency on March 17, 2020 which emergency orders and regulations have now been extended to at least April 20, 2020 and which will be extended for a further 28 days this week. Health Care workers providing emergency care were deemed an essential service.
Many clients have called or e-mailed Kutner Law LLP as to temporarily laying off employees during the Coronavirus crisis. We have a close relationship with Paul Martin of the law firm of Matthew Wilton & Associates who assists us with our more difficult labour law questions.
Paul Martin has
As discussed in our recent blog post, as of February 27, 2020, Bill 145 (Trust in Real Estates Services Act, 2020) has been officially passed and has been made into law. These changes, which have been sought by the Toronto Regional Real Estate Board (TRREB) since 2005, will allow real
Michael Kutner and David Rourke talk about how to submit an offer on a dental practice. Please sign up for the Webinar which will take place on March 5, 2020 at 7 pm to watch.
https://register.gotowebinar.com/register/2213950630237511949?source=MKL
As many of our clients already know, regulated professionals, such as doctors, dentists, lawyers and
accountants (and other professionals) have been allowed to incorporate and operate their practices
through professional corporations for the last fifteen years, allowing them the benefit of taking
control of their annual income through incorporation and most importantly reducing
We often warn clients who employ employees or associates without employee or associate agreements that the lack of a written agreement can result in significant risk to them, especially in the case of dental or other healthcare professions where the value of your business is tied directly to the Goodwill
With the new year upon us, our team here at Kutner Law LLP would like to wish all our clients and subscribers a healthy and prosperous 2019.
Certain changes to corporate law which were enacted at the end of 2018 may have implications for many of our clients who have corporate
Dear Clients and Subscribers,
Kutner Law LLP is pleased to announce the addition of Mitchell Wong to our team of lawyers!
Called to the Ontario bar in 2015, Mitchell is excited to re-join Kutner Law LLP as an Associate after having worked at Kutner Law LLP
In previous Kutner Law Blog posts we have addressed the most frequently asked questions of healthcare professionals regarding the benefits of incorporating a professional corporation. Our response is virtually always that that they should, and soon. If not, they may be missing out on some significant tax advantages.
When it
How to Get the Most Out of Your Lease
Your lease can greatly impact the value/goodwill of your practice and your ability to sell it. Often times, landlords take advantage of clauses within the lease to take large fees or evict tenants with little to no notice and compensation. But, a
The partners of Kutner Law LLP are always shocked at how many of our clients are purchasing million-dollar homes, other property and practices/businesses but do not take the time to have a Will prepared and signed.
Tax Implications on Death with or without a Will
All capital property including such property
In 1980, the Healing Arts Radiation Protection (HARP) Act (the “Harp Act”) was introduced by the Ministry of Health and Long-Term Care for the purpose of ensuring safe use of X-Ray machines in medical practices of Ontario. Five years later, another regulation called the X-Ray Safety Code was implemented, which
Finance Minister Bill Morneau announced in July that the Federal Government would be imposing a series of new tax measures to crack down on what they view as an unfair exploitation of the system by many wealthy Canadians.This announcement holds significant impact to many of our dentist and doctor clients
At Kutner Law we try to keep you informed with changes in Ontario laws. One of the most newsworthy changes of the last few months was the introduction of a 15% Non-Resident Speculation Tax. According to early news reports the GTA real estate market has already begun to soften, however,
PATIENT DEPOSITS/PRE-PAYMENTS AND DUE DILIGENCE
We have had cases where our dentist clients are selling a dental practice/shares and cases where our dentist clients are purchasing a dental practice/shares and the question of patient deposits has become an issue. In each case the selling dentist had collected a substantial amount of
Sale of Goodwill before January 1, 2017 – Sale of Assets
Our dental clients have expended a considerable amount of effort in building the goodwill of their practice which in many cases exceed $1,000,000.00. On a sale of your practice (if you are selling assets not shares) the value attributed to
Kutner Law LLP presented to Aim Home Realty on March 19, 2015 and discussed certain tax issues that may arise when purchasing residential real estate. For more information please download the presentation here.
