Canada: "Moodys 2.0″ - Exciting Changes!

Last Updated: March 14 2013
Article by Kim G.C. Moody

What an exciting time it has been recently! As hinted in some of our previous blogs, we’ve been working hard behind the scenes to significantly improve our service offering. Internally, we’ve been calling it “Moodys 2.0.”

Essentially, if Moodys was a house, then we renovated. We added more rooms (our new offices in Edmonton, AB and Buffalo, NY), expanded the garage from a single to triple car (Moodys LLP is now affiliated with Moodys Gartner Tax Law LLP and Moodys US Tax Advisors) and finally, created a guesthouse (to prepare for our continuously growing team). However, similar to any home renovation, the foundation remains the same. For Moodys, our vision has always been to provide the highest quality tax advice to clients…either directly or indirectly by working with their trusted advisors (accountants, lawyers, private bankers, investment and insurance advisors, etc.). That vision has not changed. And our new tagline “Tax Well Solved.TM” describes it best – we are all about tax. Period.

Not only has our foundation remained strong, we've reinforced it by adding new partners to form a veteran leadership team. Roy Berg, a US tax lawyer with 20 years of experience, has been with our firm for a while now, and we are fortunate to announce that he agreed to become a partner. He leads our ever expanding Canada / US tax team. We now have 8 US tax lawyers and a number of US CPAs and Enrolled Agents as part of our Alberta-based team. Our US professionals work together with our Canadian professionals to ensure our advice is complete and well rounded – or what we like to say, “Tax Without Borders.” We always knew there was a need for Canada / US tax advisory services given the close proximity of Canada to the US, the large number of US citizens that live in Canada and our years of experience working in the area. We’re so excited to have significant bench strength in this area and we’ll continue to grow our Canada / US tax offering as our clients' demands grow.

In Canada, the tax advisory profession is dominated by the accounting and legal professions. Much of what the two professions do is the same, however, there are also distinct differences. For example, only lawyers can offer privileged communications with clients. Lawyers, of course, also have specific training in other areas of the law which may impact the tax advice. Accountants generally have a better grasp on the financial implications regarding their advice and usually have much more experience with tax compliance. Accountants are also usually savvy about the non-tax impacts regarding their advice. Given such, it has always been my belief that the two professions should strive to work together in tax advisory matters, combining input, analysis and perspectives. This approach would only work towards the benefit of the client. However, such coordinated offerings in Canada have been, and currently are, rare. The two professions’ regulatory rules also do not make it easy. With our recent changes, we believe we have found the right recipe to achieve the objective of having accountants and lawyers working together for the benefit of the client…after all, isn’t that who is the most important person in the relationship?

The addition of our new affiliated law firm “Moodys Gartner Tax Law LLP” is an important ingredient. It is led by one of Canada’s top tax lawyers – Greg Gartner. Greg is also a CA and certainly agrees with the philosophy that accountants and lawyers are better together…not apart. We are very fortunate that he has joined our affiliated group as a partner. Greg has particular expertise in corporate reorganizations including purchase and sales of businesses. He thrives on “closing the deal.” In addition, Greg has a well-known expertise in agricultural tax matters and has lectured and written extensively on such matters.

With Greg calling Edmonton home, and leading our new affiliated law firm, it was only natural to open up an Edmonton office. Edmonton is the gateway to Alberta’s oil and gas operations. It is a thriving city with energetic and successful entrepreneurs…just the type of client that we love to serve. As you can imagine, we are very excited with the addition of our new Edmonton office – which is set to open January 8, 2013. Contact details will be made available shortly (since the renovation dust is still flying). Most Albertans are aware of the healthy rivalry between Calgary and Edmonton – especially between their hockey and football teams! However, rest assured, there’s no rivalry between our Calgary and Edmonton offices (aside from a few future friendly bets!) our goal is to very much work together for the benefit of the client.

I’m also pleased to announce the appointment of another new partner to the firms’ leadership team…Dale Franko, CA, CPA, TEP. Dale is a very experienced tax professional who has a firm grasp of both the US and Canadian tax systems. He has also been appointed by the partnership (and thankfully he accepted) to the position of Managing Partner. Our firm is committed to continue to grow…not just for the sake of growth but to continuously improve our service offering to our clients. Such improvements and growth require sage leadership and Dale provides that. For anyone that knows him, I’m sure you’ll agree he carries a “cool hand” and “level head” when dealing with management and client issues. We’re excited to have Dale’s leadership skills to guide us through these exciting times.

As our existing clients know, our firm is not in the Canadian tax filing business. This is because we focus our efforts strictly on tax advisory services. There is no shortage of great Canadian tax preparers and advisors. In fact, many of them are clients of ours who seek assistance from us because of our particular expertise. Accordingly, our business model is to ensure that we do not compete with our Canadian tax preparing friends and instead prefer to work WITH them. However, there are not many US tax preparers who have a good understanding of the Canadian tax system and the complexities that a US citizen who is resident in Canada has. The same exists in reverse…there are not many Canadian tax preparers who have a great grasp on the complexities of the US tax system. Our business practice has been – and will continue to be – that we will assist Canadians who need US tax preparation services given the importance to be compliant with US law. However, we underestimated the demand that exists for high quality US tax preparation services for Canadians. Given such, we needed to increase our bench strength. And we have. We have recently entered into a new partnership with a New York State accounting firm (that we have worked with for years) that has tremendous experience preparing cross border filings for Canadians. The new partnership is called Moodys US Tax Advisors and it’s open for business! Our expanded US tax preparation services is a coordinated effort amongst our 3 offices. If a client needs US tax compliance services, we’ll take care of it.

With all of the above noted changes, we needed to significantly increase the number of professionals that work with us. We have been very busy adding talented accountants and lawyers (both Canadian and US) to our roster. We’re proud of our new teammates. Besides being very highly educated, they’re also great people. You’ll find most of the new additions on our website. Have a peek and get to know them…I’m sure you’ll agree that we’re building a great team.

Whew, that’s a lot of changes! All good though. Not without some blood, sweat and tears but we’re so proud of our expanded team and service offering. Please feel free to communicate with any of our teammates and provide feedback. We love hearing from you. To our clients, referral sources and friends, we truly thank you for your support. To the Moodys teammates, thanks to each and every one of you for your commitment to our clients and for your contribution to "Moodys 2.0."

This is going to be fun!

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

To print this article, all you need is to be registered on

Click to Login as an existing user or Register so you can print this article.

Kim G.C. Moody
Events from this Firm
29 Aug 2017, Seminar, Calgary, Canada

Do you understand what the July 18, 2017 private corporation tax proposals mean for your business or for your clients?

31 Aug 2017, Webinar, Calgary, Canada

Due to overwhelming demand from people outside of Calgary and Edmonton, Moodys Gartner Tax Law will be holding a live webinar geared towards private corporations, their shareholders, and any of their advisors. It is important that individuals potentially affected by these proposals become aware of the possible consequences and learn what their next steps should be.

7 Sep 2017, Seminar, Edmonton, Canada

Do you understand what the July 18, 2017 private corporation tax proposals mean for your business or for your clients?

In association with
Related Video
Up-coming Events Search
Font Size:
Mondaq on Twitter
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).
Email Address
Company Name
Confirm Password
Mondaq Topics -- Select your Interests
 Law Performance
 Law Practice
 Media & IT
 Real Estate
 Wealth Mgt
Asia Pacific
European Union
Latin America
Middle East
United States
Worldwide Updates
Check to state you have read and
agree to our Terms and Conditions

Terms & Conditions and Privacy Statement (the Website) is owned and managed by Mondaq Ltd and as a user you are granted a non-exclusive, revocable license to access the Website under its terms and conditions of use. Your use of the Website constitutes your agreement to the following terms and conditions of use. Mondaq Ltd may terminate your use of the Website if you are in breach of these terms and conditions or if Mondaq Ltd decides to terminate your license of use for whatever reason.

Use of

You may use the Website but are required to register as a user if you wish to read the full text of the content and articles available (the Content). You may not modify, publish, transmit, transfer or sell, reproduce, create derivative works from, distribute, perform, link, display, or in any way exploit any of the Content, in whole or in part, except as expressly permitted in these terms & conditions or with the prior written consent of Mondaq Ltd. You may not use electronic or other means to extract details or information about’s content, users or contributors in order to offer them any services or products which compete directly or indirectly with Mondaq Ltd’s services and products.


Mondaq Ltd and/or its respective suppliers make no representations about the suitability of the information contained in the documents and related graphics published on this server for any purpose. All such documents and related graphics are provided "as is" without warranty of any kind. Mondaq Ltd and/or its respective suppliers hereby disclaim all warranties and conditions with regard to this information, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title and non-infringement. In no event shall Mondaq Ltd and/or its respective suppliers be liable for any special, indirect or consequential damages or any damages whatsoever resulting from loss of use, data or profits, whether in an action of contract, negligence or other tortious action, arising out of or in connection with the use or performance of information available from this server.

The documents and related graphics published on this server could include technical inaccuracies or typographical errors. Changes are periodically added to the information herein. Mondaq Ltd and/or its respective suppliers may make improvements and/or changes in the product(s) and/or the program(s) described herein at any time.


Mondaq Ltd requires you to register and provide information that personally identifies you, including what sort of information you are interested in, for three primary purposes:

  • To allow you to personalize the Mondaq websites you are visiting.
  • To enable features such as password reminder, newsletter alerts, email a colleague, and linking from Mondaq (and its affiliate sites) to your website.
  • To produce demographic feedback for our information providers who provide information free for your use.

Mondaq (and its affiliate sites) do not sell or provide your details to third parties other than information providers. The reason we provide our information providers with this information is so that they can measure the response their articles are receiving and provide you with information about their products and services.

If you do not want us to provide your name and email address you may opt out by clicking here .

If you do not wish to receive any future announcements of products and services offered by Mondaq by clicking here .

Information Collection and Use

We require site users to register with Mondaq (and its affiliate sites) to view the free information on the site. We also collect information from our users at several different points on the websites: this is so that we can customise the sites according to individual usage, provide 'session-aware' functionality, and ensure that content is acquired and developed appropriately. This gives us an overall picture of our user profiles, which in turn shows to our Editorial Contributors the type of person they are reaching by posting articles on Mondaq (and its affiliate sites) – meaning more free content for registered users.

We are only able to provide the material on the Mondaq (and its affiliate sites) site free to site visitors because we can pass on information about the pages that users are viewing and the personal information users provide to us (e.g. email addresses) to reputable contributing firms such as law firms who author those pages. We do not sell or rent information to anyone else other than the authors of those pages, who may change from time to time. Should you wish us not to disclose your details to any of these parties, please tick the box above or tick the box marked "Opt out of Registration Information Disclosure" on the Your Profile page. We and our author organisations may only contact you via email or other means if you allow us to do so. Users can opt out of contact when they register on the site, or send an email to with “no disclosure” in the subject heading

Mondaq News Alerts

In order to receive Mondaq News Alerts, users have to complete a separate registration form. This is a personalised service where users choose regions and topics of interest and we send it only to those users who have requested it. Users can stop receiving these Alerts by going to the Mondaq News Alerts page and deselecting all interest areas. In the same way users can amend their personal preferences to add or remove subject areas.


A cookie is a small text file written to a user’s hard drive that contains an identifying user number. The cookies do not contain any personal information about users. We use the cookie so users do not have to log in every time they use the service and the cookie will automatically expire if you do not visit the Mondaq website (or its affiliate sites) for 12 months. We also use the cookie to personalise a user's experience of the site (for example to show information specific to a user's region). As the Mondaq sites are fully personalised and cookies are essential to its core technology the site will function unpredictably with browsers that do not support cookies - or where cookies are disabled (in these circumstances we advise you to attempt to locate the information you require elsewhere on the web). However if you are concerned about the presence of a Mondaq cookie on your machine you can also choose to expire the cookie immediately (remove it) by selecting the 'Log Off' menu option as the last thing you do when you use the site.

Some of our business partners may use cookies on our site (for example, advertisers). However, we have no access to or control over these cookies and we are not aware of any at present that do so.

Log Files

We use IP addresses to analyse trends, administer the site, track movement, and gather broad demographic information for aggregate use. IP addresses are not linked to personally identifiable information.


This web site contains links to other sites. Please be aware that Mondaq (or its affiliate sites) are not responsible for the privacy practices of such other sites. We encourage our users to be aware when they leave our site and to read the privacy statements of these third party sites. This privacy statement applies solely to information collected by this Web site.

Surveys & Contests

From time-to-time our site requests information from users via surveys or contests. Participation in these surveys or contests is completely voluntary and the user therefore has a choice whether or not to disclose any information requested. Information requested may include contact information (such as name and delivery address), and demographic information (such as postcode, age level). Contact information will be used to notify the winners and award prizes. Survey information will be used for purposes of monitoring or improving the functionality of the site.


If a user elects to use our referral service for informing a friend about our site, we ask them for the friend’s name and email address. Mondaq stores this information and may contact the friend to invite them to register with Mondaq, but they will not be contacted more than once. The friend may contact Mondaq to request the removal of this information from our database.


This website takes every reasonable precaution to protect our users’ information. When users submit sensitive information via the website, your information is protected using firewalls and other security technology. If you have any questions about the security at our website, you can send an email to

Correcting/Updating Personal Information

If a user’s personally identifiable information changes (such as postcode), or if a user no longer desires our service, we will endeavour to provide a way to correct, update or remove that user’s personal data provided to us. This can usually be done at the “Your Profile” page or by sending an email to

Notification of Changes

If we decide to change our Terms & Conditions or Privacy Policy, we will post those changes on our site so our users are always aware of what information we collect, how we use it, and under what circumstances, if any, we disclose it. If at any point we decide to use personally identifiable information in a manner different from that stated at the time it was collected, we will notify users by way of an email. Users will have a choice as to whether or not we use their information in this different manner. We will use information in accordance with the privacy policy under which the information was collected.

How to contact Mondaq

You can contact us with comments or queries at

If for some reason you believe Mondaq Ltd. has not adhered to these principles, please notify us by e-mail at and we will use commercially reasonable efforts to determine and correct the problem promptly.