by Elaine Holding on January 25, 2012 in Government Programs
On January 23, the Federal Government announced a $5 million contribution that will allow the Yves Landry Foundation to expand its Achieving Innovation and Manufacturing Excellence (AIME) Global program. The objective of the program is to foster training that will lead to advancements in innovation within the manufacturing sector in Ontario. (more…)
by Elaine Holding on January 11, 2012 in Government Programs
“FedDev Ontario http://www.feddevontario.gc.ca/ announced today that the Canadian Manufacturers & Exporters (CME) is receiving up to $18.9 million through the Prosperity Initiative, which is delivered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). This funding will assist CME in the launch of a new productivity improvement program called SMART Prosperity Now. (more…)
by Heather Cooper on January 4, 2012 in Advice for Business Owners, Business Continuity, Information Technology
Welcome to 2012! I hope it will be a happy and prosperous year for all of us.
When you changed the calendar on the wall, I hope you also did one other year-end task.
As the IT Manager at SB Partners, I do back-ups all the time, but the Monthly and now Year-End back-ups are the most important. For most firms, the YE back-up is the one we never overwrite. (more…)
by Wayne Spencer on December 21, 2011 in SB Partners News, SR&ED
SR&ED 2011 in Review
The last year has been quite exciting for the SR&ED Team at SB Partners.
While most of our clients are maintaining their SR&ED initiatives, we are hyped up about the 45% increase in new clients who joined us in 2011. Additionally, a further 20% are showing keen interest in becoming first time SR&ED claimants.
Referrals and old acquaintances may add another 20% increase; a combination of experienced SR&ED claimants and first timers.
Our diversified client base at SB Partners has taken the SR&ED Team in multiple industry directions. Here are some of the innovative areas some of our clients were working on in 2011:
In 2011 we were pleased to offer our clients flexible project schedules throughout the year to reduce those awful year end scrambles.
Throughout 2011 we continued to explore how we could further offer our clients value added products and services that will help them to achieve maximum SR&ED claims without the burden of a labour intensive record keeping system.
What’s New for 2012?
In 2012, SB Partners will present a new service to clients feeling the crunch of SR&ED documentation requirements. The SR&ED Administrative Management Services Program will be offered free of charge to SB Partners’ SR&ED clients. This service improves Client-Consultant communications providing for quick, simple, yet compliant, tracking of SR&ED activities and expenditures.
Watch for more information in early 2012 through the “A Minute on SR&ED” Blogs and direct client mailings.
As we close out 2011 and look forward to an exciting 2012, I wish all of you a safe and happy Holiday Season.
Cheers!
by Roy Sieben on December 14, 2011 in Advice for Charities, Not for Profit, Ontario Budget
The Federal budget of 2010 introduced changes to the disbursement quota rules for registered charities.
In order to retain their charitable status, registered charities have to meet their disbursement quota. Prior to the 2010 budget, the disbursement quota was set at 80% of the total amount for which charitable tax receipts were issued in the previous year. (more…)
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