ARCHIVED VIDEO STREAM
This is the archived version of a program presented on October 12, 2011. This will not become available until 2 weeks after the orginal program date. To order this format please click on the "REGISTER NOW" button. If you prefer another format for this program please choose from the listing on the right hand side.
Attend this program to review the fundamental framework for professional corporations. Both new and seasoned practitioners will learn to recognize emerging corporate law and tax issues. Lawyers, accountants and financial advisors will benefit from updates on HST issues, estate planning tips and cross border concerns.
| Program Chairs: |
Nicky N.F. Huq, Huq & Kuegle
Colin S.D. Smith, Thorsteinssons LLP
|
| 9:00 am |
Introductory Remarks |
| 9:05 am |
A Basic Primer - Professional Corporations 101
- Profession wide overview
- Rules and regulations: staying onside with Canada Revenue Agency
Michael Strickland, Buset & Partners LLP - Thunder Bay
|
| 9:35 am |
Why/What/How to Maximize Use of Your Professional Corporation
- Beyond income splitting and low tax rates
- Options on Retirement
- Neuman update: the final word on dividend sprinkling
Colin S. D. Smith, Thorsteinssons LLP
|
| 10:05 am |
Re-organization of Partnerships to Form Professional Corporations
- Incorporation of the Professional Partnership
- Retention of the Professional Partnership
- Limited Liability Partnerships
Robert G. Kepes, Morris Kepes Winters LLP |
| 10:35 am |
Question Period |
| 10:45 am |
Break |
| 11:05 am |
Cross Border Issues
- Issues and pitfalls for American and dual citizens
- Specific requirements for hospital contracts
- Staying "onside" with the IRS
Kevyn Nightingale, MNP, LLP
|
| 11:45 am |
HST Concerns
- HST Implications of establishing/operating a professional corporation
- HST Issues on asset transfers, cost sharing agreements
John G. Bassindale, Millar Kreklewetz LLP
|
| 12:15 pm |
Estate Planning and the Professional Corporation
- Wills: minimizing probate tax and testamentary trusts
- Trusts: insurance trust and alter ego
- Life insurance
- Certificate of authorization and death of shareholder/member
Sylvia C.Y. Tseng, Paterson, MacDougall LLP
|
| 12:45 pm |
Question Period |
| 1:00 pm |
Program Concludes |
