January 14, 2014 | Ned Devine's, Milton | Meetup #51
Meetup #51: You Can’t Always Get What You Want (Or What the Contract Says!) – Playing the Independent Contractor Shuffle with CRA
Richard Weber of Weber, CA, Tax and Accounting and Grant Buchan-Terrell, JD, Business Lawyer, know independent contractors (“ICs”) are key to and commonplace in the IT sector. ICs reduce employers’ wage, administration and termination costs, and individuals realize greater tax relief through business deductions and, therefore, increase their after-tax compensation.
However, the independent contract vs. employee distinction is an area of considerable scrutiny by CRA. The seminar will touch on themes such as can CRA overrule a well-drawn contract and which party suffers if an IC is deemed to be an employee for tax purposes.
Richard and Grant will highlight the biggest pitfalls if your IC structure is successfully overturned by CRA, and they will offer tax and legal tips to minimize your risks either as i) the employer or ii) the individual in question.
Richard Weber of Weber, CA, Tax and Accounting
Richard is a CPA, CA who has extensive tax expertise as a result of practising tax exclusively since 1996. He has been a trusted tax advisor to numerous entrepreneurs at various stages of their business. Richard was formerly a tax partner at a mid-size accounting firm before he established his own tax and accounting firm in Oakville in 2012. Due to his varied and specialized tax knowledge, other local accounting firms often engage Richard to assist with complex tax matters for their clients. Richard focuses on corporate reorganizations, the purchase or sale of a business and tax planning for business owners. [web]
Grant Buchan-Terrell, JD, Business Attorney
Grant is a seasoned business lawyer, and an early and active member of Silicon Halton. He enjoys assisting many entrepreneur members to grow their business and protect their assets. Grant focuses on startups, buying or selling a business, financings and shareholder/partner dispute resolution. He provides the kind of “general counsel” expertise that is needed by emerging business, but which is not otherwise affordable in the early years. [@OntBizAttorney]
Every month 1 - 3 new members are given minutes the opportunity to introduce themselves to the community. Learn more here.
- Lalvani Group. @LavaniGroup
- Data Driven Marketer, Dmytro Marushkevych. @DataCRMarketing
- GreenRack.com @TenetGroup
Event Snapshot for Your Calendar
Topic: Playing the Independent Contractor Shuffle
Target Audience: Technology entrepreneurs, business owners, professionals, educators and students
Meetup Track: Networking: Collaboration, Partnerships, Referrals, and Career Growth
Date & Time: Tuesday, January 14, 2013 @ 7pm
Location: Ned Devine's, Milton
How much it costs: Nothing but your time.
Pre-Event Q&A Silicon Halton members can participate in a pre-event conversation with the organizers and facilitator in our private Linkedin group. Help them make this meetup relevant to you.