This workshop will summarize applicable legal and accounting principles related to common issues in the determination of income of a self-employed individual or business owner. It will focus on providing creative solutions to issues such as:
- How to identify issues from financial documents including tax returns and financial statements.
- Double dipping: What is double dipping? What does the case law say? How can double dipping be quantified and practically addressed?
- The income tax gross-up: What does the tax gross-up represent? When should it be used? How is it quantified?
- Imputation of income: When is it appropriate to impute income? How do you quantify the amount of income to impute?
Nathalie Boutet is a leading Canadian mediator and collaborative law lawyer. She is also a Deputy Judge in the Ontario Small Claims Court and a local and international teacher. She regularly provides opinions to the media on legal matters.
Jeffery Cling is a Chartered Business Valuator and has experience in preparing valuations of private companies in many industries. Jeffrey has experience in the preparation of expert reports for purposes of litigation support, share transactions and tax planning.