Ward & Uptigrove

Premier professional services in the heart of rural Ontario

Caring for our clients. Caring for our team.

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We needed an accounting firm who could provide a suite of professional services. From everyday accounting services and HR solutions to succession planning and long-term financial advice, Ward & Uptigrove met every one of our requirements.

- Steve Meulensteen, President,

Meulensteen Tire and Auto Service

Small town values.

Downtown expertise.

Small town values alongside downtown expertise means personal consideration, optimized solutions and professionals who care.

For over 65 years, Ward & Uptigrove has uniquely approached our clients’ corporate and personal financial needs and offered integrated services.

  • Individuals
  • Families
  • Business Owners/Farmers
  • Veterinarians
  • Organizations
  • Non-Profits

Join a community that

is more than digital.

Build the career you deserve, with the support you need.

We are dedicated to strengthening relationships and supporting our staff, our clients and our community.

Join a team where:

  • You will feel valued and cared for
  • Trust and respect are fundamental
  • Partners, principals and team members talk, and listen
  • Hard work pays off
  • Effective communication is essential to success

Interested in learning more about our team and the opportunities available?

Go to Careers Page

Did you know we have a podcast?

Listen to "Integrating for Success" wherever you get your podcasts.

See Episodes Here

News

Summer 2024 Newsletter

June 27, 2024
Accounting

Corporate Succession Planning and Estate Equalization

June 19, 2024
When contemplating the next steps for your corporate ownership and succession planning, maintaining fairness among family members is often a main priority even though all families members may not be involved in the business. One crucial aspect often overlooked is estate equalization, particularly in family-owned or closely-held businesses. Unequal distributions of wealth can lead to the business being forced to sell necessary business assets, jeopardizing the future viability of the core operations and business altogether. However, with strategic planning and the implementation of corporate life insurance, businesses can ensure equitable outcomes while safeguarding ongoing business sustainability. Understanding Estate Equalization Estate equalization refers to the process of balancing inheritances among heirs, particularly when certain assets, such as business interests, are illiquid or disproportionately valuable. In the context of corporate ownership, ensuring fair vs equitable distributions becomes more complex due to the interplay of family dynamics, business operations, sweat equity and financial considerations. Without proper planning, disparities in inheritances can cause families disputes and undermine the integrity of the business.

2024 Federal Budget Commentary

April 17, 2024
On April 16, 2024, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2024 – Fairness for Every Generation , to the House of Commons. No changes were made to personal or corporate tax rates. Some highlights include: A. Personal Measures Increase to the capital gains inclusion rate to 2/3, however individuals will retain the 1/2 inclusion rate on the first $250,000 of capital gains annually. Increase to the lifetime maximum capital gains exemption, and two new incentives on specific types of business sales. Modifications to the proposed amendments to focus the alternative minimum tax regime on high-income individuals. B. Business Measures Canada carbon rebate for small businesses that will begin by delivering payments to eligible CCPCs for five years of carbon tax. Accelerated capital cost allowance on purpose-built residential rental properties. Immediate expensing of certain productivity-enhancing assets, including computer hardware, acquired on or after April 16, 2024. C. International Measures Crypto-asset reporting framework that will require annual reporting by crypto-asset service providers on their clients’ activities using these assets.
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