As we approach the season of generosity, it is common for most people to dip more into their pockets to support their favorite charities this coming Holiday season. Some will be playing catch up on their annual charitable donations while …
As we approach the season of generosity, it is common for most people to dip more into their pockets to support their favorite charities this coming Holiday season. Some will be playing catch up on their annual charitable donations while …
As most of you know, sweeping tax proposals were made by the federal Liberal government on July 18, 2017 that had some of the most significant changes to the taxation of Canadian private corporations since the early 1970′s. Following a …
As most of you know, our sharing economy is growing at a much faster pace and our Government is trying to play catch up and looking for ways to bring in the tax revenues that go unreported by many involved …
After tax season, one of the things we recommend to our clients is to set aside time to review their tax return and start thinking about opportunities to improve their tax situation in the months and years ahead. In other …
Whether you like it or not, taxes affect all of us. In fact, it is probably the biggest household expense (assuming you have a decent job or business), yet most people do nothing to manage their taxes. Here are top …
On October 3, 2016, the Government announced an administrative change to Canada Revenue Agency’s reporting requirements for the sale of a principal residence. A principal residence is considered your primary home of residence, a home that is ordinarily inhabited by …
Following the increase in activities in the Canadian real estate market over the last couple of years, the CRA currently has a significant audit initiative underway that will impact taxpayers buying and selling real estate. The initiative is aimed at …
In my practice I have found that many of the difficult interactions with CRA can be avoided by a simple shift in how we approach them.
The top 8 reasons that cause this strained/difficult relationship are highlighted below. I have …
It was R.C. Sherriff, the English writer, who said that “when a man retires and time is no longer a matter of urgent importance, his colleagues generally present him with a watch.”
When your retirement day arrives, you’ll probably want …
