by cpiwebdesign | Nov 28, 2014 | Accounting & Assurance, Taxation
The GST/HST joint election available to closely related persons (the “156 Election”) under section 156 of the federal Excise Tax Act (the “ETA”) saw significant amendments after the last federal budget was tabled last February. Generally...
by cpiwebdesign | Feb 25, 2014 | Accounting & Assurance, Business Advisory, Taxation
A Message from the Managing Partners Managing Partners Fred Arshoff and Jeff Nightingale discuss what Lipton LLP is striving to achieve in the months and years ahead. Rule Changes with Respect to Foreign Income Reporting The Canadian government has made it a priority...
by cpiwebdesign | Nov 20, 2013 | Accounting & Assurance, Business Advisory, Taxation
With the exception of RRSP contributions (in most cases) and pension income splitting, any tax planning strategies intended to reduce one’s tax payable for 2013 must be implemented by the end of the calendar year. While 2013 tax returns don’t have to be filed for at...
by cpiwebdesign | Feb 20, 2013 | Accounting & Assurance, Taxation
It’s that time of year again, when we dig deep into our shoeboxes full of receipts and wait eagerly for official tax documents toarrive in the mail. Are you ready for it this year? Did you keep a good record of all the charitable contributions you made, the receipts...
by cpiwebdesign | Feb 6, 2013 | Accounting & Assurance, Business Advisory
For various reasons, a business owner may decide to approach a new financial institution. How do you establish a good relationship with a new financial institution, and maintain it? Lipton LLP has helped many clients do this. Having the right approach makes a big...
by cpiwebdesign | Aug 24, 2012 | Accounting & Assurance, Business Advisory, Taxation
W hat are the tax implications of a member of a corporate partnership having a fiscal yearend different from that of the partnership? The latest federal budget provides a new answer to that question. Previously, partnerships owned by corporations could defer taxes on...