Webinar: COVID-19 - A Review of Government Assistance and Tax Related Measures

COVID-19: A Review of Government Assistance and Tax Related Measures 

Our governments are reacting to the COVID-19 pandemic with tax measures and business assistance programs.  But what do they mean for businesses?  How do you qualify for assistance?  Are these programs answering business needs?

Join Jim McConnery, CPA, CA, TEP of Welch LLP as he reviews the various federal and provincial programs that provide assistance to businesses to weather the COVID-19 challenges. This will include a discussion of the criteria applicable to the various measures and related financial and tax planning considerations.

Jim McConnery is a Tax and Estate Practitioner with a wide ranging expertise in tax, acquired through his 25 years of public accounting. Jim provides assistance to individuals and private companies with a particular focus on tax, estate and succession planning. A key aspect of Jim’s expertise relates to tax minimization strategies via family trusts – this includes income splitting strategies and multiplying access to the lifetime capital gains exemption. Jim also provides support in the context of the purchase or sale of private company groups.

Jim also assists corporate groups with both inbound and outbound structuring assignments. This includes planning to minimize tax with respect to foreign income and steps to minimize tax incurred when income is repatriated.

Jim oversees compliance assignments which include withholding tax and foreign tax credit matters. Jim provides planning assistance to individuals with respect to both immigration to and emigration from Canada.

Jim joined Welch LLP in 1994 after graduating from the University of Ottawa, where he received a Bachelor of Commerce degree with honours in Finance. He received his CA designation in 1997. Jim was with a national accounting firm’s tax group for 10 years and returned to Welch LLP in 2007. He has been involved in educational programs for both CPA Canada and CPA Ontario.