For the past few months we have been receiving questions from our doctor and dentist clients about whether the new federal budget would restrict or eliminate the advantages of setting up a professional corporation.

As we begin the 2016 year the market for dental practices in the GTA continues to remain as hot as ever. Many of our dental clients continue to look for that right practice and it is becoming increasingly more difficult. Our advice is to continue to look, sign up for

Kutner Law LLP recently presented to a group dentists in North Bay, Ontario. Michael and Howard discussed the legal issues surrounding selling your dental practice. The event was put on by RBC’s health care team. The presentation covers diverse topics, such as: Selling Your Dental Practice Assets vs Shares Assignment

On October 7, 2015, Howard and Michael presented to a group of dentists who were thinking of selling their practices. Other presenters included MNP, Al Heaps and Associates and Scotiabank.

Kutner Law LLP was pleased to present to the Canadian Iraqi Dental Society on Saturday, September 19, 2015. Michael and Howard spoke about legal issues that have arisen in the past year with respect to the purchase and sale of dental practices.

On September 17, 2015, Kutner Law LLP sponsored a seminar to the 4th year Western University dental students. Michael spoke to the students about diverse topics, including: Becoming an Associate of a Dental Practice Associate Agreements Collected Billings Incorporating a Dentistry Professional Corporation Buying a Dental Practice Please click the

When deciding whether to incorporate a medicine professional corporation or a dentistry professional corporation one of the considerations should be whether any of the shareholders of the corporation is a U.S. citizen. If one of the shareholders is a U.S. citizen they could be subject to U.S. taxation on certain

This is a reminder that all Certificates of Authorization for dentistry professional corporations expire August 31st regardless of the initial date of issuance. Even if you apply at the beginning of August in a year for a new Certificate of Authorization you will have to resubmit and pay the renewal

We are finding more dentists being dissatisfied following closing to find the Practice they expect is not the Practice they find. Most of the Problems can be solved with proper due diligence by yourself, your accountant and your lawyer.

As we have discussed in previous blog posts there are many advantages to incorporating a medicine or dentistry professional corporation in Ontario. One of the main advantages is the ability of the dentist or doctor to add their family members as shareholders in order to income split. This sprinkling of

A recent Supreme Court decision which was released on November 13, 2014 (Bhasin v. Hrynew 2014 SCC 71) set a new duty for parties to a contract to perform their obligations in good faith and in an honest manner. Prior to the recent Supreme Court Decision businesses in Canada did

One topic we most often get asked by our dentist clients relates to their employees. We thought that it would be useful to do a blog post in a Q & A format responding to those questions. 1. My employees don’t have employment contracts in place should I get them

Kutner Law LLP will be speaking to dentists on Friday November 7th, 2014 at a full day seminar called “How to Value a Dental Practice: Plan to Sell? Get advice on a Tax Free sale”. For more information, please click the link below:

Kutner Law LLP is pleased to be presenting to the Canadian Iraqi Dental Society on Saturday, October 18, 2014. We will be giving legal tips for both buying and selling a dental practice. Please click the link below for more information. Download Presentation now

Back in March 2014 we wrote a blog called “Are you a Doctor or Dentist? It May be Time to Incorporate”, illustrating the potential benefits of incorporation – virtually all related to tax advantages. Now that you are familiar with the benefits of incorporation we are going to explain to

When a dentist is purchasing a dental practice the most difficult problems often arises in the negotiation of the lease. In virtually every agreement of purchase and sale for a dental practice there is a condition in the agreement in favor of the buyer being (i) able to obtain the

A main point of negotiation for the purchase or sale of a dental practice will be the non-competition/non-solicitation covenant (Non-Compete). If you are the purchaser, a large portion of your purchase price will likely be allocated to goodwill and goodwill is worthless unless you have the proper Non-Compete in place.

Finding a Practice I have many clients looking to purchase their 1st, 2nd or even 3rd practices, and I always point them to a dental broker specializing in the purchase and sale of dental practices. These brokers usually have advance knowledge of who is selling or buying and can pair

Spring has sprung and you are finally ready to venture outside to start searching for a home or condo to move into. Unfortunately it’s not as easy as signing on the dotted line and getting the keys to your new place. That’s why it’s important that you hire the right

As many of our medical and dental clients know the length of their lease is one of the most important aspects of the lease. For dentists the length of the lease and the specific clauses in the lease will add significant value to the dental practice. When entering into a