Boys and Girls Club of Ottawa's Angel Tree Program!

As one of our annual holiday initiatives, we are supporting the Boys and Girls Club of Ottawa Angel Tree Program!

The Boys and Girls Club of Ottawa Angel Tree program provides a holiday gift to more than 2,000 at-risk children in the Ottawa region. For most of these children it will be their only gift they receive this season. This year we collected over 40 gifts to give out over the holidays. We would like to thank everyone that helped us contribute to the program.

If you want to learn more about the Boys and Girls Club of Ottawa's Angel Tree Program, or you would like to donate to them, you can find their website here: http://www.bgcottawa.org/

Angel+Tree+2018+-+2.jpg

Christmas Baking Silent Auction

Our staff showed off their baking skills yesterday at our Christmas Baking Silent Auction. As a team, we were able to raise over $470 for the Ottawa Food Bank while filling our bellies with delicious baked goods. Congratulations to our bake sale winner and we thank everyone for their generous participation both in baking and in buying!

#ottawaaccountants #bakingforacause #holidayseason

Christmas Cheer Breakfast

Each December, the Christmas Cheer breakfast is held in support of local non-profit organizations in the Ottawa and surrounding areas.  The organizations provide much needed assistance to disadvantaged families during the Christmas season.  Hendry Warren, a proud supporter of this event, attended the breakfast held at the Aberdeen Pavilion at Lansdowne Park.  Congratulations to the Christmas Cheer Foundation on hosting another successful event and for helping to spread Christmas cheer throughout the region.

2018 Federal Fall Economic Statement

On November 21, 2018, Federal Finance Minister Bill Morneau announced a series of measures designed to make Canada’s tax system more competitive with that of the United States. Rather than enter into a downward spiral of tax rate cuts, the government chose to make selective changes in certain deductions accelerating the write-off of capital equipment. Click here to read our full newsletter on these changes: https://bit.ly/2Pqk2l8

Picture2.png

New Fellows Celebrated at FCPA Dinner

Last night in Toronto the new CPA Fellows were honoured at a gala event. Before the event, we had time to catch up for a drink with a few HW alumni, then enjoyed a lovely dinner and celebration of the accomplishments of the recipients.  Only 1.5% of CPA’s have been bestowed with the Fellows distinction.   We are proud that Ian and Dan have now been recognized for their hard work and commitment to the profession and were very happy to celebrate with them.

Congratulations to our successful 2018 CFE writers!

The CFE is the culmination of a rigorous two year CPA certification program. On Friday November 30th the results were released and we are proud to congratulate Sukhbir Banwait, Matthew Bowcock, Andrew Dubroy, Tyler LaSalle, Patrick McConkey, and Cameron Woodard from our office who passed the 2018 CFE. Congratulations to our writers and to all writers who passed the 2018 CFE!

Congrats - FB.gif

Congratulations to Ian Hendry and Dan Warren on becoming CPA Fellows!

Both Ian and Dan have been granted Fellows distinction (FCPA) by CPA Ontario for their contribution to the profession. This distinction formally recognizes members whose careers and community contributions have rendered exceptional service to the profession. Becoming a Fellow is the highest honour bestowed by CPA Ontario on a member. At Hendry Warren, the other partners and staff have long known that both Ian and Dan are committed to their chosen profession, their staff, and their clients. We are proud that they have now been recognized by the broader community for all their hard work and dedication to the firm, their clients, and the Ottawa community.

Ian and Dan, and their fellow recipients, will be celebrated at a gala on December 4th in Toronto. You can see the full list of 2018 Fellows on the CPA Ontario website.

Mayor's Breakfast

Yesterday morning, the Ottawa Board of Trade hosted the Mayor’s breakfast with the Hon. Pablo Rodriguez, Minister of Canadian Heritage and Multiculturalism. The speeches touched on a number of topics of how the Federal Government and City of Ottawa are working together with a shared vision to better our community. The speakers showcased some of the projects coming to our city such as the proposed soundstage and creative hub and highlighted a number of items that our beautiful city already does annually to ensure we are a top Canadian city!

The Tax Man Still Wins in Space

A judge has ruled that Cirque du Soleil founder Guy Laliberte can't claim a 2009 trip to the ISS as a business expense.

Laliberte claimed his trip to space was not a taxable benefit because he promoted Cirque du Soleil and the company’s recent entry into the Russian market with a new show during his time on the ISS. The Canada Revenue Agency challenged this narrative, prompting the Tax Court of Canada to weigh in. […] the Tax Court of Canada ruled that Laliberte’s trip was for “overwhelmingly” personal reasons and that only 10 per cent of the expenses, or $4.2 million, could be considered business related for Cirque du Soleil promotional activities and the One Drop Foundation. Catch the full article here: https://bit.ly/2FCnsS8

Space case.jpg

Is Your Business Subject to US Tax? - Part I

It has become increasingly common for Canadian businesses to sell products and services to the United States. While they file their Canadian income tax returns to report their income, they seldom consider if they are subject to US income and sales taxes. They may be very surprised that they are.

The three main sources of taxation in the United States that a Canadian business should be concerned with are US federal income tax, state income tax and state sales tax. In Part I of this two-part newsletter series we discuss US federal income tax. You can find the newsletter here: https://bit.ly/2TwiNUF.

Women, Wine & Wisdom

Last night at the Ottawa Board of Trade's Women, Wine & Wisdom event, 300 women leaders gathered together, heard messages of support, and shared stories of challenges and achievements.

It was an evening of thoughtful discussion about "thinking big" and we are so pleased to have been in attendance.

Thank you so much to the Ottawa Board of Trade, moderator Sueling Ching, guest speakers - Rima Aristocrat, Janice McDonald ICD.D, and Komal Minhas - and Brookstreet Hotel for a wonderful event!

WWW - Nov 2018.jpeg

Women Mean Business!

Each November we host "Women Mean Business", an event that brings together women of all ages, stages in life, and career paths. This year’s theme was “success” and we asked each of our guests to share their success like confetti! What does success mean to you?

A big thank-you goes to Living Science Wellness Centre for catering, Fran Green for donating a necklace, YOW Popcorn for the tastiest popcorn (and awesome HW branded bags), and The Cupcake Lounge Inc. for the delectable mini cupcakes.

Tax with a View

From October 27th to November 1st, Jacob Milosek, CPA, CA got the opportunity to take in all of the beautiful sights that the Fairmont Banff Springs had to offer. The only small catch was that he had to speak about personal and corporate income tax issues to a room of 80+ CPAs.

Missing from this picture are Jacob's co-presenters Kelly Kolke and Kurt Oelschlagel, FCPA who kept the crowd engaged with some pretty memorable jokes. Thank you to them and Chartered Professional Accountants of Canada (CPA Canada) for another successful course.

Jacob - Oct ITP 2018.JPG

14th Annual Special Olympics Breakfast

This past week, Hendry Warren attended the 14th Annual Special Olympics Ottawa Breakfast, presented by Kelly Santini LLP. The event stayed true to the theme, Champions Celebrating Champions, with a morning of brave speakers and inspirational stories. We cannot wait to attend again next year!

Thank you to Centre Shaw Centre for hosting!

Special Olympics Breakfast - 2018.jpg

Sharing Some Knowledge with the NPO Community

Last Thursday, Hendry Warren partner, Todd Hamilton, participated in a panel discussion hosted by NPO Group, a local Ottawa organization whose mission it is to gather and share information with the Not-For-Profit community. The event - titled Strategies to Reduce Financial Management Risk and Gain Peace of Mind - was certainly a success, with trusted advisors sharing their expertise, and lessons-learned, on the topic of risk management within the NPO sector.

Thank you so much to our hosts at RBC, and other panel participants, Neil McCormick, Richard MacNeill, and Chris Masbridge.

Todd - Expert Insights Oct 2018.jpg

Welcome to the Team, Muhamad!

Please join us in welcoming Muhamad Adatia to the Hendry Warren team. Muhamad joins us as an Assurance & Accounting Manager and is excited to help owner-managed businesses achieve their financial goals.

Muhamad enjoys using a collaborative approach to ensure that clients receive quality, accurate, and relevant information. His experience as a financial controller has given him first-hand knowledge of the operational side of organizations.

A graduate of the University of Ottawa’s Commerce program with a specialization in Accounting, Muhamad is a member of CPA Canada and CPA Ontario, and has successfully completed CPA Canada’s In-Depth Tax Course.

In addition to being a hockey enthusiast, Muhamad enjoys volunteering and has previously held positions in the community as Chair of the Aga Khan Economic Planning Board and was the Treasurer for CanUgan Disability Support.

Muhamad Adatia.jpg