News Feed, Legacy Accounting LLP

A Practical Starting Point for Succession Planning

Tue, 07 Apr 2026 14:00:00 +0000

Do not leave succession planning until the last minute. Plan ahead to ensure your succession process runs smoothly.

The Business Owner's Guide to Exit Planning

Tue, 03 Mar 2026 22:26:00 +0000

Create a responsible exit plan for your business that leaves it in good hands.

The LEARNED Framework: A Step-by-Step Guide to AI Integration

Mon, 26 Jan 2026 19:26:00 +0000

How to develop a system for using artificial intelligence for your business.

How Understanding Algorithms Can Fix Your Business’s Marketing ROI

Wed, 07 Jan 2026 02:00:00 +0000

We are sharing insights from a social media expert on how algorithms function and what you need to know to improve your marketing returns.

Selling US Real Estate as a Canadian: What You Need to Know Before You List

Tue, 02 Dec 2025 16:00:00 +0000

Avoid unexpected tax surprises when selling your US property. Learn how FIRPTA withholding works, understand your reporting obligations across three levels of government, and discover why planning ahead can save you months of waiting for refunds. Get the essential knowledge you need before you list.

The Case For Precious Metals: Why Business Owners Are Moving Cash to Silver And Gold

Tue, 04 Nov 2025 16:00:00 +0000

Protect your purchasing power from inflation by understanding how precious metals serve as a tangible hedge against currency devaluation. Explore physical silver and gold ownership, the gold-to-silver ratio, and four compelling advantages—including no counterparty risk and portfolio diversification independent of traditional markets. Avoid costly mistakes like paper proxies, understand the difference between monetary and industrial demand, and allocate your cash reserves strategically.

Make Your Mortgage Work for You: A Practical Guide to the Smith Maneuver

Tue, 07 Oct 2025 15:00:00 +0000

Navigate Canada's mortgage landscape strategically by learning how the Smith Maneuver converts non-deductible debt into tax-efficient investment opportunities. Explore readvanceable HELOCs, investment tracing requirements, and five powerful accelerators—including Cashflow Dam for rental owners and Debt Swap for existing portfolios. Avoid costly implementation mistakes like commingling funds, understand deductibility rules, and time your debt conversion strategically.

Understanding Canada's Top Investment Opportunities and Their Tax Impacts

Tue, 09 Sep 2025 15:00:00 +0000

Navigate Canada’s investment accounts with clarity by learning how each impacts your taxes and long-term wealth. Explore RRSPs, TFSAs, RESPs, FHSAs, RDSPs, and non-registered accounts—and when each is most effective. Avoid costly mistakes like the RRSP estate tax trap, use TFSAs to protect benefits, and time FHSA contributions strategically. With the right account structure, you can align investments with your goals, reduce taxes, and build lasting financial security.

Three Essential Questions That Determine Corporate Life Insurance Success

Wed, 06 Aug 2025 17:00:00 +0000

Navigate corporate life insurance complexities by answering three essential questions that determine success. Discover how to align your insurance strategy with business objectives, integrate it with your financial picture, and build the right professional team. Learn when corporate life insurance fits your business and how to avoid costly implementation mistakes.

A Genius Way to Build Happier, More Productive Teams

Tue, 08 Jul 2025 15:30:00 +0000

Discover how the Working Genius model can help you build a stronger, more productive team by matching roles with each person’s natural strengths. Discover how this people-first approach, when combined with informed financial guidance, can enhance retention, increase productivity, and unlock hidden potential. Learn practical steps and real examples for aligning your team and your business for better results.

How Small Business Owners Can Confidently Explore New Income Opportunities

Thu, 05 Jun 2025 14:56:00 +0000

In this article, we share how entrepreneurs can confidently tap into additional revenue streams. Drawing from the Tax Talk Podcast and real-world examples, we highlight key mindset shifts, branding tips, and marketing strategies to help you grow with clarity. Whether starting a side hustle or scaling an idea, small, intentional steps can lead to long-term financial success.

Why 76% of Business Owners Regret Selling—And How to Ensure You Won’t

Fri, 09 May 2025 15:53:00 +0000

Selling your business is one of the biggest financial decisions you’ll ever make—but it’s also one of the most emotional. While many business owners focus on legal and tax details, 76% later say they regret how their exit unfolded. Why? Because they weren’t personally prepared. In this article, we explore how to sell your business with confidence and clarity. Drawing on insights from M&A advisor David Prowse and accounting professionals at Legacy LLP, we walk through the three pillars of successful exit planning: business, financial, and emotional readiness. Learn how to prepare your team, protect your wealth, and plan your next chapter—so you walk away with no regrets.

Boost Your Real Estate ROI with Smart Strategies

Fri, 04 Apr 2025 15:28:00 +0000

Real estate investment can seem complex; however, it does not have to be. While the industry is full of strategies, market trends, and evolving opportunities, success often comes down to having a clear, well-informed plan. In this article, we explore how to maximize the potential of your real estate investment portfolio. From proven strategies for buyers and sellers to actionable tips for driving long-term returns, we guide you through what it takes to invest with confidence and clarity.

Marketing: A Foundational Aspect of Growing Your Business

Tue, 04 Mar 2025 22:12:00 +0000

If you run a business, chances are your marketing strategy could use another look. Technology makes managing a marketing strategy easier than ever, but it still requires planning and a sound budget. We dive into business owners' most common marketing challenges, identify key elements of a good marketing strategy, and show how to get your marketing plan started.

Maximize Tax Savings with an IPP: A Smart Strategy for Small Business Owners Over 40

Thu, 13 Feb 2025 15:00:00 +0000

If you're over 40, an Individual Pension Plan (IPP) could be a smart strategy to help you secure your financial legacy while reducing your business taxes.

Everything You Need to Know About Your Corporate Real Estate Portfolio

Wed, 08 Jan 2025 16:00:00 +0000

When managing a corporate real estate portfolio, the decision to move your rental properties into a corporation can have a significant financial impact on your rental operation.

2024 Tax Planning Tips

Wed, 04 Dec 2024 20:51:00 +0000

As 2024 draws to a close, proactive tax planning is essential for individuals and businesses to optimize their financial outcomes ahead of the 2025 tax season.

Your Planning Process for an Effective Business & Estate Transition

Tue, 19 Nov 2024 15:30:00 +0000

Ensure your business continues on successfully and put a plan in place to preserve your legacy with estate planning.

Your Planning Process for the Retirement You Want

Tue, 22 Oct 2024 15:00:00 +0000

Create a plan and assess the wealth you need to secure the retirement you want.

Your Planning Process for Building Wealth

Thu, 26 Sep 2024 18:20:00 +0000

Let's take a look at how to turn your business revenue into income that you can invest – leading to long-term wealth.