MacNeill Edmundson Professional Corporation

MacNeill Edmundson Professional Corporation - Your Trusted Advisors -

Let the tournaments begin!After a busy tax season, we’re looking forward to a slower pace, longer days, and time spent e...
06/01/2026

Let the tournaments begin!

After a busy tax season, we’re looking forward to a slower pace, longer days, and time spent enjoying the outdoors. Wishing everyone a great start to golf season!

Save the date to our own tournament: July 15th.

The way your business is structured can impact more than just taxes. It can affect liability, cash flow, growth opportun...
05/30/2026

The way your business is structured can impact more than just taxes. It can affect liability, cash flow, growth opportunities, succession planning, and overall financial flexibility.

As your business evolves, your structure should be reviewed to ensure it still aligns with your goals and operations. What worked in the beginning may not always be the best fit long term.

Taking the time to evaluate your corporate structure can help support stronger planning and better decision-making moving forward.

Budgeting isn’t about predicting the future perfectly. It’s about setting a clear financial direction and creating a fra...
05/28/2026

Budgeting isn’t about predicting the future perfectly. It’s about setting a clear financial direction and creating a framework for decision-making.

From a professional standpoint, the strongest budgets share a few traits:

They are grounded in historical performance, adjusted for realistic growth, and aligned with operational capacity. They also consider timing—especially around cash flow, not just profitability.

Most importantly, a budget should be a tool used throughout the year, not a document reviewed once and set aside.

When done properly, it becomes a reference point that supports accountability, planning, and better decisions as conditions change.

AI is changing the way businesses operate, helping improve efficiency, automate tasks, and process information faster th...
05/26/2026

AI is changing the way businesses operate, helping improve efficiency, automate tasks, and process information faster than ever before.

But when it comes to accounting and financial decisions, human review still plays an important role. Context, professional judgment, accuracy, and understanding the bigger picture are things technology alone cannot fully replace.

The best results often come from combining innovation with experienced oversight.

The small choices you make each day can shape the bigger picture. Staying consistent, focused, and intentional is what l...
05/24/2026

The small choices you make each day can shape the bigger picture. Staying consistent, focused, and intentional is what leads to long term results.

Hiring a new employee is an investment in growth, but the full cost goes far beyond hourly pay or salary alone.From payr...
05/22/2026

Hiring a new employee is an investment in growth, but the full cost goes far beyond hourly pay or salary alone.

From payroll taxes and benefits to training, software, equipment, and management time, every new hire comes with additional costs that are important to plan for. One of the biggest factors is the time it takes for a new team member to become fully productive.

That doesn’t mean hiring isn’t worth it. In many cases, it’s one of the best investments a business can make. The key is understanding the full picture before making the decision.

How to increase your business valueBusiness value isn’t just about how much revenue you bring in—it’s about how strong, ...
05/20/2026

How to increase your business value

Business value isn’t just about how much revenue you bring in—it’s about how strong, stable, and predictable your business looks.

The most valuable businesses tend to have consistent profits, clean and reliable financials, and steady cash flow. They also don’t rely too heavily on the owner to operate day-to-day, and they have clear systems that make the business easier to run and understand.

In the end, value comes down to predictability and transferability—the easier it is for someone else to step in and run the business successfully, the more valuable it becomes.

Cheers to the long weekend!Happy Victoria Day from the team at MEcpa. Wishing everyone a safe, relaxing, and enjoyable h...
05/18/2026

Cheers to the long weekend!

Happy Victoria Day from the team at MEcpa. Wishing everyone a safe, relaxing, and enjoyable holiday weekend.

What Happens Behind the Scenes of a Corporate Year-End in 3 stepsCorporate year-end isn’t just about filing a tax return...
05/16/2026

What Happens Behind the Scenes of a Corporate Year-End in 3 steps

Corporate year-end isn’t just about filing a tax return. There’s a lot that happens before anything gets submitted.

Here’s a look behind the scenes:

1.Cleaning Up the Numbers, Adjustments & Corrections

Making sure everything is accurate and complete—expenses, revenue, and accounts all properly recorded. Identifying anything that needs to be reclassified or adjusted before finalizing the financials.

2. Reviewing for Accuracy

Looking at the full picture to catch inconsistencies or items that don’t quite add up.

3. Tax Planning Considerations, Finalizing & Filing

Reviewing opportunities and making decisions before everything is finalized. Preparing the financial statements and corporate tax return once everything is in place.

A smooth year-end is rarely last-minute—it’s the result of preparation, review, and the right process behind the scenes.

A great evening celebrating leadership, community, and the future of our local building industry at the LHBA’s 2026 Pres...
05/14/2026

A great evening celebrating leadership, community, and the future of our local building industry at the LHBA’s 2026 President’s Dinner.

We’re proud to support and connect with the incredible professionals helping shape our communities through innovation, collaboration, and dedication. Thank you to the London Home Builders’ Association for hosting such a memorable event.

Address

82 Wellington Street
London, ON
N6B2K3

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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