News & Events

• 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

As challenges mount for Canada’s cannabis companies, one of its largest producers is making a move into the US market.   In October, one of Canada’s largest cannabis companies started its migration into the US market when Canopy Growth Corp. created a new US-domiciled holding company, Canopy USA, LLC. And with that, the organization effectively […]

• U.S. Tax Corner, Stock BuyBack Tax: Punishing Corporations for Returning Capital?
• Preserve Your Wealth and Create A Charitable Legacy
• Planning In The Age of Covid – Life Insurance Can Help

• U.S. Tax Corner: Valuable R&D Payroll Tax Credit
• Residential Property Flipping
• Investment Income Earned In A Corporation
• Guilty Until Proven Innocent?
• Charities and GST/HST
• Around the Courts

• U.S. Tax Corner: U.S. Tax Credits for Clean-energy Home Improvements
• Qualified Disability Trusts
• Gifts and Non-Arm’s Length Transfers
• Superficial Losses
• Around the Courts