Description

Business losses are an inevitable part of building and growing a company, whether they stem from start-up costs, economic headwinds or investment in expansion. With the right planning, however, those losses can become a valuable tool. Used strategically, they can ease pressure on cash flow and lower your overall tax burden.

This workshop will explore practical tax planning strategies that help business owners make better use of losses within their corporate structures. Attendees will learn how a range of approaches, from common loss utilization methods to more advanced planning techniques, can improve cash flow, reduce tax costs and support long-term business growth.

This session is ideal for owners navigating start-up losses, economic challenges or expansion opportunities, as well as those with unused loss carry-forwards they have yet to put to work.

About the Speakers

Darcie Sabados, CPA, CA

Partner, Tax, Doane Grant Thornton LLP

Darcie specializes in tax and helps clients with corporate reorganizations, estate and succession planning, and tax planning. She has completed advanced tax training focused on owner-managed businesses.

Shane Doll, CPA

Principal, Doane Grant Thornton LLP

Shane helps privately held businesses with financial reporting, budgeting, cash flow forecasting and tax planning. He received the CPA Alberta Early Achievement Award in 2021.