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    • #71647
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

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    • #66554
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

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    • #26858
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

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    • #24128
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

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    • #20990
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

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    • #20940
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

      For trust transactions BMO is our go to bank. Large value wires, incoming and outgoing, seem to run through without issues. On the odd time where we have questions, there is always someone available to help.

    • #20888
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

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    • #19349
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

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    • #18963
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

      We have not had a partner go on maternity leave at this point but we did include a clause in a Partnership Admission Contract which states that “during any maternity leave taken as a partner, the firm will pay the Law Corp. a top-up of EI benefits based on 85% of draws for four months. In addition, income entitlement for the year in which maternity leave has been taken, will be calculated based on pro-rated figures”

    • #18067
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

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    • #17986
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

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    • #16741
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

      Correct me if I’m wrong, but wouldn’t the WIP allocation be an adjusting journal entry at year end, from accounting income to taxable income, taking into account all the steps that Elvis has mentioned, in addition to calculating the cost, rather than the value? That’s my plan, I hope I’m not too far off.

    • #15846
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

      For staff referrals we pay $500. We do not have an Associate referral program.

    • #15564
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

      We have set up the Commercial Banking platform with BMO and have initiated 1 wire and we did not encounter any problems. Through BMO, the cost of the platform is far less that the amount of the wire service charges (BMO charges a percentage of the amount wired up to a maximum of $135)
      We are also set up with TD, however we have not had to send a wire yet.

    • #14568
      Carrie Anne Hinder
      Participant
      Webster Hudson & Coombe LLP

      I’m not sure if all firm’s use the same treatment but it is part of the net income allocated to the partners’ drawing account at year end and then paid out as prior year income. It is included as income on their T5013.

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