Demystifying SRED and Other Tax Tips for Entrepreneurs - MaRS Best Practices
Thursday, March 20, 2014 from 12:00 PM to 1:30 PM (EDT)
It’s tax time again, but MaRS Best Practices series has great news for startups and entrepreneurs! There is a wide range of business incentives available to offset various expenses incurred by entrepreneurial companies, from startups to established companies exporting products or services.
In this session, Welch’s Business Incentives leader, Terry Lavineway, will describe the process that entrepreneurs should employ when identifying and leveraging these incentives and an approach that can maximize access to this source of capital. He will provide detailed information on some of the more significant incentives available, including scientific research and experimental development and digital media (SRED) refundable credits.
Additionally, Bryan Haralovich, Welch’s Technology Service Sector leader, will provide an overview of the income tax compliance requirements imposed on entrepreneurs. This includes what must be filed, the timing of filings and the information required to complete the filings. He will address tax tips such as corporate structure, shareholder planning, international tax considerations and exit planning.
Join us in this session to not only learn tips on filing your returns this year, but also to get 30 minutes of one-on-one access to Welch LLP advisors for hands-on assistance. Taxes just got easier!
Email firstname.lastname@example.org to book a 30 minute meeting between 2:00 p.m. and 5:00 p.m.
Bryan Haralovich, CPA, CA, CPA (Illinois), Partner, Welch LLP
With more than 20 years of public accounting and business-related experience, Bryan specializes in providing financial services to entrepreneurs from private to public companies, including charities, government departments and agencies. In his role as a partner at Welch LLP, he provides a range of assurance services, technical accounting advice, income tax planning and compliance, and financial statement and internal control advisory services. He has a passion for supporting entrepreneurs and owner-managed businesses by leveraging his extensive experience as a business advisor. Bryan also leads Welch’s Technology Services group. In this role, he has served technology companies from startup to successful exit, including support with public and private financing. His goal is to continue helping businesses to proactively manage financial matters.
Terry Lavineway, Director of Business Incentives, Welch LLP
Terry Lavineway leads Welch LLP’s Business Incentives practice, a field in which he has been working for more than 10 years. Through this practice, Terry helps companies of all sizes and in various industries across Canada to access government incentives, such as tax credits, grants and rebates. Before joining Welch, he was the National Leader, Government Incentives, for Ernst & Young LLP. In addition, he spent approximately eight years at Nortel Networks in various software development, architecture, and network & business planning roles. Terry first graduated from the University of Regina in 1994 with a B.Sc., Computer Science. He then received his B.Admin degree six years later.
When & Where
MaRS Discovery District, Social Innovation Generation & Ashoka Canada present
MaRS (www.marsdd.com) is a large scale, mission driven innovation centre located in Toronto and networked across Ontario, focused on building Canada’s next generation of technology companies.
MaRS works closely with entrepreneurs to grow and scale their ventures into global market leaders in life sciences and health care, information, communications and entertainment technologies, cleantech, advanced materials and engineering, as well as innovative social purpose businesses.
Social Innovation Generation (SiG) (www.sigeneration.ca) is a collaborative partnership founded by The J.W. McConnell Family Foundation, the University of Waterloo, the MaRS Discovery District, and the PLAN Institute. Our ultimate goal is to support whole system change through changing the broader economic, cultural and policy context in Canada to allow social innovations to flourish.
Ashoka (canada.ashoka.org) is the global association of the world’s leading social entrepreneurs – individuals with system-changing solutions for the world’s most urgent social problems. Ashoka is redefining the global citizen sector by creating a system of collaborative entrepreneurship. Connecting the work of individual social entrepreneurs to business, academic and public sector partners, they create a network effect driving the sector forward and developing new solutions to global problems.