Highlight: Understand how to spot a "sandbag clause" in your purchase and sale agreement and when to add specific anti-sandbag language to the agreement to make it more seller friendly. ***** Hindsight is 20/20 but for the seller of a business it could be a [...]

Highlight: Many business brokers, lawyers and even accountants are not protecting their clients from the new income inclusion rules in the Income Tax Act. As a professional advisor, failing to do this may expose you to liability. ***** Since the Federal Court of Appeal decisions in Fortino [...]