McCay Duff LLP

Planning for your business's future is crucial. Explore effective succession strategies to ensure a smooth transition and continued success beyond your exit. Learn more about small business succession planning today. https://ow.ly/qmC250Z0bel

Planning beyond the exit: Small business succession requires strategy, timing and trust - South Florida Business Journal While most owners acknowledge the need for a succession plan, far fewer have one in place. And as millions of business owners approach retirement age, the consequences of inaction are becoming harder to ignore.

A recent report reveals that many Canadian kids struggle with money management, highlighting the need for better financial education at home. Parents are concerned about their children's ability to handle finances independently. https://ow.ly/GN2b50Z0c1l

Most Canadian kids can't manage money on their own, parents say A new report finds a gap between what kids know about money and what they actually do with it

On World MS Day, we recognize the challenges faced by those living with multiple sclerosis. Together, we can raise awareness and support research for better treatments and a brighter future. https://ow.ly/4rgs50Yxzr7

🏁 Race Weekend is officially in the books! 🏁

Despite the rainy conditions, our team showed up, dug deep, and crossed the finish line. Completing these distances is a massive achievement, and we couldn't be prouder of everyone's grit and determination.

Huge congratulations to the entire squad on their results. Finishing is a victory in itself, but doing it in the rain takes next-level commitment. Thank you to everyone who cheered us on!

Start planning for next year's tax season now that this one has ended. It's never too early to strategize and maximize your deductions. Stay ahead of the game and ensure a smoother process next time. https://ow.ly/SRbq50Z0b7c

Tax season may have ended, but you better start planning for next year or you'll lose money Kim Moody: Canada will not get real tax reform until enough Canadians are financially literate enough to demand it. Find out more here

Founders leaving inheritances without context risk losing the true value of their wealth. It's essential to communicate not just the assets but the stories and values that come with them. https://ow.ly/tWF050YOzTU

Rubach: Those who leave inheritances without context are forgetting the power of wealth - Canadian Family Offices When intent is left unsaid, even well-designed estate plans can leave families feeling unsettled and divided

As we approach the May Long weekend, let us take a moment to appreciate the opportunities for relaxation and connection. Wishing everyone a refreshing and enjoyable break.

Are your contractors actually employees? It's crucial to understand the difference! Misclassifying workers can lead to serious legal issues and financial penalties. Learn how to navigate this complex landscape and ensure compliance with labour laws. Check out this blog for insights and tips: https://mccayduff.com/are-your-contractors-actually-employees/

This LEAVE A LEGACY™ Month, consider making a lasting impact through planned giving to charities and causes that matter to you. Your generosity can create a brighter future for those in need.

Inheriting a home may not guarantee wealth. Understand the implications of the great wealth transfer and how property ownership impacts financial stability. https://ow.ly/uWIm50YOzRY

The Great Wealth Transfer: Why Inheriting a Home Might Not Guarantee Financial Security Discover the financial and emotional considerations of inheriting a home, including costs, taxes, and options for managing or selling the property.