News & Events

• Moving Expenses – Overlooked Tax Expense
• Getting CRA To Waive or Cancel Penalties and Interest
• CRA Terminating 120 Employees for CERB Violations – Agency Employees Do Make Mistakes, Options Exist, If Aggrieved, Do Consult
• Around the Courts

• You Can Be Liable for a Family Member’s Tax Debts
• A Tip If You Have a Corporation and No Employment Income
• Bare Trust and Nominee Agreements
• A Tax Tip When You Make Investments
• Should You File If You Can’t Pay?
• Around The Courts

• Shareholder Remuneration: an Overview
• Mandatory Reporting Rules Now In Effect
• Around the Courts

• The Family Business and the Capital Gains Exemption
• Can You Borrow from Your RRSP Without Paying Tax on the Withdrawal?
• Taxable Benefit Updates, Including New Policies for Virtual Social Events
• Around the Courts

• Tax Shelters Related Issues – Salient Points to Look Out for
• Liang V. the Queen is a Crucial Case to Understand Limitations of Tax Shelters
• Budget 2023 – Interesting Proposals and Potential Tax Increases
• Tax-Free First Home Savings Account – $40k Limit – Open FHSA Account from April 1, 2023

• Residential Property Warning – Huge Penalties
• Bare Trust Dangers
• HST Quiz — Is Your Business Charging it Properly?
• Simplified Instalments if You Have the Cash
• Watch Out for Short Taxation Years
• Around the Courts

• Celebrating Our New Partners
• Philanthropic New Year’s Resolutions
• The Hidden Benefits of Life Insurance

Dear Valued Clients: We are reaching out to inform you about the new Underused Housing Tax (“UHT”) that was recently implemented by the Canadian Federal Government. Specifically, the federal government recently implemented the UHT.  The UHT is an annual 1% tax on the ownership of vacant or underused residential housing in Canada that took effect […]

• Shareholder Agreements
• What If You Disagree With the CRA?
• Don’t Do Too Much Trading in your TFSA

• US Tax Corner – Planning around state entity taxes for pass-through entities?
• Assigning a Residential Purchase Agreement
• Finding a Mistake In a Past Year’s Tax Return
• Not Paying Instalments Can Be Costly
• Around the Courts