Hogg, Shain & Scheck recipient of GTA’s leading accounting firm awards

Hogg, Shain & Scheck recipient of GTA’s leading accounting firm awards

March 22, 2018 by

Hogg, Shain, & Scheck (HSS) is pleased to announce that we have won “Best Accounting Firm” in the Greater Toronto Area (GTA) for the 2018 Acquisition International Accounting, Audit and Tax Awards as well as “Best Accountancy Firm 2018” in Toronto for the 2018 US Business News North American Excellence Awards. This could only be
Read More


Welcome Ninette Bishay

February 23, 2018 by

Hogg, Shain & Scheck is delighted to welcome Ninette Bishay, CPA, CA, as its newest Partner. Ninette has spent most of her career, over the last 15 years, working exclusively with Charities and Not-for-Profit organizations, providing them with assurance and business advisory services. Ninette is dedicated and passionate about supporting organizations that make a difference
Read More


Hogg, Shain & Scheck wins Best Tax Services Provider 2017

February 15, 2017 by

Hogg, Shain & Scheck (HSS) are extremely pleased to announce that they have won in the Best Tax Services – Toronto sector, of the 2017 Acquisition International Accounting, Audit and Tax Awards. The awards put the spotlight on leaders within their fields and are nominated by internal Acquisition International experts, but also by clients and
Read More


Ed Scheck delivers keynote for Alumni Roundtable at Ryerson

February 7, 2017 by

The Ted Rogers School of Management at Ryerson was honoured to have alumnus Ed Scheck as keynote speaker for the second TRSM Alumni Association Roundtable. On Saturday January 14th, attendees started the afternoon with a lunch before keynote speaker Ed Scheck took to the podium. Ed delivered his best career advice on how to get
Read More


What to do With Your Registered Plan Before December 31, 2016

December 20, 2016 by

RRSP Contributions In order to obtain a deduction on your 2016 personal income tax return, you must contribute to your RRSP on or before March 1, 2017. As always, consider contributing earlier so that your money is growing tax free as soon as possible. Spousal Contributions Contributions made to a spousal plan before December 31
Read More


Term Loans: Is a Term Loan Right for Your Business?

November 22, 2016 by

Are you looking for cash funding to grow or maintain your business? When business owners think about financing from a bank, they’re usually thinking about procuring a “short term loan.” A term loan offers a business owner a cash payment that is to be paid back in installments over a specified period of time. For the duration
Read More


Hogg, Shain & Scheck wins the International Finance Awards 2016

October 14, 2016 by

Hogg, Shain & Scheck (HSS) was honoured to be a winner for the 4th Annual International Finance Awards (IFA) 2016. The Award for Excellence in Strategic Financial Accounting – Ontario & Sustained Excellence In Tax Services and the award for Best Auditing & Tax Accounting Firm – Ontario was bestowed upon HSS, putting them at
Read More


Celebration, Laughter and Learning – HSS Open House

October 7, 2016 by

On Tuesday, October 4, 2016, Hogg Shain & Scheck proudly presented and hosted a harvest-themed Open House to welcome all staff and clients to their new offices. It was a huge success that was filled with laughter, learning, and celebration. Attendees from prominent financial institutions and partner groups such as RBC, BDC, and TD were
Read More


Newton’s Electric Open House

September 8, 2016 by

Newton’s Electric Open House From May 13-14, 2016, Newton’s Electric, an electrical and automotive company in Brampton, hosted an open house event for their customers and suppliers. As Newton’s Electric is one of our clients, we wanted to support this special open house event. To show our support, we set up a vendor booth for
Read More


Phantom Stock Options – Accounting & Tax Treatment

July 20, 2015 by

A phantom stock option is a bonus tax treatment plan where the amount of the bonus is determined by reference to the increase in value of the shares subject to the option. Shares are not actually issued or transferred to the option- holder when an option is exercised, but rather the right to receive an award based
Read More


How to Manage Profit & Loss

October 10, 2014 by

Entrepreneurs need to properly manage profit and loss to ensure the long term sustainability of their businesses. When sales exceed expenses, the business profits. When the opposite is true, the company generates a loss. This calculation is straightforward enough, but managing profit and loss is a delicate balance that requires a thorough understanding of how
Read More