With Taylor Swift taking over Toronto, homeowners who rent out their home on a short-term basis could find themselves saying, “Look What You Made Me Do”. Here’s how renting to Swifties might turn your extra income into a surprise tax bill you didn’t plan for. As a starting point, let’s assume that a residential property ..read more

In the competitive landscape of small and medium-sized businesses (SMBs), effective leadership is essential for growth and sustainability. One critical aspect that often gets overlooked is emotional intelligence (EI). As business owners, cultivating emotional intelligence within your leadership approach can transform your organization, enhance employee satisfaction, and drive performance. What is Emotional Intelligence? Emotional intelligence ..read more

At RLB, we’re more than just accountants—we’re neighbors, community members, and champions of the diverse industries that shape our region. This year, we’re especially excited to share a unique connection that touches both our professional work and our personal passions. A surprising link to two alpacas who have been chosen as ambassadors for the Royal ..read more

Every employee has an employment agreement.  Whether it be verbal or written, implied or explicit, indefinite, or limited.  Sometimes, despite best efforts, employment agreements can even be created unintentionally, which can present unnecessary liability for the parties involved.  Should any form of dispute arise, enforceable employment agreements are much more reliable and can result in ..read more

It’s time! Spring has sprung and AGM season is officially here! What is an AGM? An AGM is the Annual General meeting that all condo unit owners are invited to attend. This is your chance to get an explanation of the audited financial statements, ask your board and management company about how your condominium corporation ..read more

Statistics Canada reports that 35% of Canadians describe most days as “quite a bit” or “extremely stressful” due to financial issues. As a result of that heightened financial stress, employers may be seeing a reduction in productivity and an increase in absenteeism and turnover.  Investing in your workforce’s financial literacy is a win-win for employers ..read more

On October 1st the Ontario minimum wage will increase to $17.20 per hour.  This brings Ontario’s minimum wage to the second highest in Canada.  These increases are tied to the Ontario Consumer Price Index for 2024. Minimum Wage Rate Rates from October 1, 2024 to September 30, 2025 Rates from October 1, 2023 to September ..read more

RLB NAMED BEST OF THE BEST BY INSIDE PUBLIC ACCOUNTING Guelph, Ontario – September 4th, 2024 – RLB Chartered Professional Accountants, a leading accounting and advisory firm in Southern Ontario, is proud to announce that it has been named one of the “Best of the Best” firms by Inside Public Accounting (IPA) for 2024.  This ..read more

If you have ever served on a Board of Directors before, it is normal practice for minutes to be kept. The Board minutes serve as an impartial witness to ensure that the Board is carrying out its fiduciary obligations and employing a deliberative decision-making process. But what happens when an in camera session is called ..read more

Since its inception in 2005, the Accessibility for Ontarians with Disabilities Act (AODA) (“The Act”) has been maintaining standards and timelines associated with identifying and removing barriers for people with disabilities in 5 areas of daily life. The ultimate goal of the Act is to achieve a more accessible and inclusive province by January 1 ..read more