Taking minutes at a board meeting is required by most organizations. There are important decisions being made which need to be documented. Have you ever attended a meeting and when you read the minutes felt that the meeting was not properly captured by the minutes you were reading? …

The Canadian tax system is complicated. We expect this when we are talking about corporations or trusts. However many of those complications actually affect individual Canadians in the filing of their personal income tax returns. Is that a Tax Deduction or a Tax Credit? One of the complications is the…

Canadian taxpayers who report self-employment income on their personal tax return have until June 15 to file their returns. However, they do not have any longer to make the payment if they owe money. Confused? This is one of those situations which confuses people who have chosen not to be…

When a board votes on a motion, I would not expect that they all agree every time. Apathy or Agreement? I used to think that when a board always agreed it was because some of the board members were intimidated or shy and they voted along with the majority to…

Do your bylaws give the person chairing the meeting the right to vote on motions? Check Your Bylaws In many cases the answer is no, the chair is not allowed to vote. Or the chair is allowed to vote only in the event there is a tie in the voting…

If your business took advantage of the Canada Emergency Business Account (CEBA) and borrowed either the $40,000 amount or the $60,000 amount then know the repayment deadline has been extended from December 31, 2022, to December 31, 2023. Pandemic Has Not Ended The pandemic is still causing business disruptions, and…

Having a good chairperson will lead to a good meeting and having an ineffective chairperson will lead to the meeting not achieving its goals. What is the definition of a good chairperson? How would we define a good chairperson? My thought is that a good chairperson will be a diplomat…

Although most people have not yet filed their personal income tax return for 2021, Canada Revenue Agency (CRA) is asking for the first personal tax installment for 2022. Seems a little early for this, but that is how they roll. Employees Usually Avoid Installments If all your income is earned…

Many organizations have meetings. Meetings should have rules. Meeting Rules There are a number of official rules of order, Roberts being the most popular. I have written plenty of posts about how meetings need rules. …