by cpiwebdesign | Dec 22, 2017 | Accounting & Assurance, Business Advisory, Taxation
On December 13, 2017, the Department of Finance released revised draft legislation which simplifies the income sprinkling proposals first announced on July 18, 2017. The legislation will likely be enacted as part of the 2018 Budget process, but is intended to apply as...
by cpiwebdesign | Sep 30, 2015 | Business Advisory
One of the most complicated small business decisions you may have to make is whether to merge your business with another. A merger requires a great deal of thought about the complexities involved. There is no real one-size-fits-all formula. The most successful mergers...
by cpiwebdesign | Aug 21, 2015 | Accounting & Assurance, Business Advisory, Taxation
What is a “Professional Corporation”? A professional corporation is a corporation that provides professional services and that is regulated by a governing professional body such as the Law Society of Upper Canada or the College of Physicians and Surgeons...
by cpiwebdesign | Feb 4, 2015 | Accounting & Assurance, Business Advisory, Taxation
In order to assist you with your 2014 and 2015 tax planning, we are pleased to provide you with the following information in connection with Registered Retirement Savings Plans (RRSP) and Tax-Free Savings Accounts (TFSA) as follows: RRSP The maximum contribution limit...
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...
