Vistance Capital Advisory

TAX TIPS - The Scientific Research & Experimental Development Tax Credit (SR&ED) If your company is involved in innovation, research, or technological advancement, you'll definitely want to watch this video. This grant could be a game changer to your business. #taxcredit #researchanddevelopment #TaxSeason2025 #taxseason #TaxSeasonTips #financialadvisor To learn more, go to our website: www.vistancecapital.com

Before you complete your annual tax filing this year, please take a few minutes to read this article. If you are planning on seeking any funding for your business whether it's through equity investors or approaching a bank for a loan, you will want to ensure you do not fall into this trap. #accounting #yearend

Daryl Ching has written an opinion piece for the GLOBE AND MAIL. For a startup, an institutional market of investors exists for companies that are looking to hit home runs, seeking explosive revenue growth and quick exits. However, the trade-off is often loss of control over the business. In this article, Daryl examines the collapse of Vancouver's Bench Accounting, which had raised more than US$100-million and serviced 11,000 small businesses. What went wrong? What lessons should we learn about the consequences of taking large equity investments from institutional investors, whose goals are misaligned with the founder’s vision. Link below to read the article in full at the Globe and Mail: #globeandmail #benchaccounting #smallbusiness #venturecapital #capitalraise #startup https://lnkd.in/eg9MzRQe

TAX SEASON TIPS If you sell shares in your small business, you may want to pay attention to this tax tip. #TaxSeason2025 #taxseason #TaxSeasonTips #accountingfirm #financialadvisor #capitalgainsexemption #capitalgains #capitalgainstax #qsbc #qualifiedsmallbusinesscorporation

With AI in the forefront of our news, Vistance has published an article about how much of game changer AI has been for the small business community in Canada and the risks they pose. #AI #Technology

On December 27, 2024, one of North America's largest bookkeeping firms suddenly collapsed and over 11,000 of their small business clients lost access to their financial data. While it's understandable how entrepreneurs can easily be seduced by large capital, Bench is a cautionary tale about the consequences of giving up control of your business to investors that not aligned with your vision. Vistance has published an article offering commentary on this event and what entrepreneurs can do to avoid a business failure from taking venture capital money. #benchaccounting #bench #AI #AIaccounting

President Trump's announcement of tariffs on Friday, January 31 sent Canadian business owners on wild tail spin for four days before reversing course and announcing a 30-day pause. We share our opinion piece on the impact even the threat of tariffs have already had on our Canadian economy and how small business owners are reacting. #tariffs #tradewar

Trudeau's promise of $1.3 billion to be deployed to border security, along with 10,000 front-line personnel working along the border and an appointment of a new fentanyl "czar" was enough to pause the proposed tariffs for 30 days. During this time, Canada and US will try to work towards an economic agreement can be structured. #tariffs #tradewar

Dear Business Owners, it is with great regret to confirm that the unthinkable has happened. The relationship between Canada and the US has deteriorated to its worst level, certainly in our lifetime. The Government of Canada has put out a website to provide a comprehensive list of products from the US that are subject to retaliatory tariffs sanctioned by Canada. This will have a significant impact on any goods that are being imported from the US. We will also provide a link in the comments for Canadian goods that are subject to US tariffs, which of course will have an impact for any companies selling products south of the border. If you would like to speak to us about financial planning and solutions to address these tariffs, please feel free to reach out to us. #tariffs #tradewar

It's time for TAX SEASON TIPS. Pop Quiz: Do you know what 7 business expenses are tax deductible? Knowing the answer can save a lot of money for your business when it comes to filing taxes. Check out our 30 second video. More tax season tips to come. If you need help with filing taxes for your business, check out our website: https://lnkd.in/ekzvJHuw #TaxSeason2025 #taxseason #TaxSeasonTips #taxdeductible #businessexpenses #accountingfirm #financialadvisor