RRSP & TFSA: Tax Planning Update
Tax Planning Update – RRSP/TFSA In order to assist you with your 2017 and 2018 tax planning, we are pleased...
Federal Government Revises July 2017 Income Sprinkling Proposals
On December 13, 2017, the Department of Finance released revised draft legislation which simplifies the income sprinkling proposals first announced...
Congratulations to our 2017 CFE Graduates
Lipton LLP Chartered Accountants is proud to announce that all six of our writers, Nimesh Ratnarajah, Julie Ann Sedore, Taraneh Rashed, Sierra...
Lipton’s Recent Promotions
Phase-Out of Recaptured ITCs – Reminder
Ontario introduced the Phase-Out of Recaptured ITC rules (RITC) for large businesses effective July 1, 2010. These rules have had...
Tax Planning Update – U.S. Closer Connection, Form 8840
U.S. tax rules contain a mathematical formula to determine tax residency. This formula involves counting the number of days that...
Ontario Introduces a New 15% Property Tax on Foreign Buyers
As expected, Ontario has announced that effective April, 21, 2017, a new tax of 15% will be payable on the...
2017 Federal Budget Commentary
The Federal Government’s 2017-18 Budget gives Canadians a taste of what they might expect over the next couple of years:...
Do you need to complete a US 1040 Personal Tax Return?
The 2016 U.S. tax return for an individual; Form 1040 is due on April 18th, 2017. However, if a U.S....
Are you ready for Tax Time?
The May 1, 2017 deadline to file your 2016 personal income tax return is quickly approaching. As a result of...