COVID-19 Update – Canada Emergency Wage Subsidy
On April 1, 2020 Minister of Finance, Bill Morneau provided further details on the Canada Emergency Wage Subsidy (“the Subsidy”),...
2018 T4 Information
In order to facilitate the accurate preparation of your 2018 T4 information returns, we are pleased to enclose a summary...
U.S. Closer Connection – Form 8840
Tax Planning Update – U.S. Closer Connection, Form 8840 U.S. tax rules contain a mathematical formula to determine tax...
Filing Your 2017 U.S. Tax Returns
The 2017 U.S. tax return for an individual; Form 1040 is due on April 17th, 2018. However, if a U.S....
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...
2016 Ontario Provincial Budget Commentary
On February 25, 2016 Finance Minister Charles Sousa tabled his fourth Budget. The deficit for the 2015-16 fiscal year is...
Why should I setup a Professional Corporation?
What is a “Professional Corporation”? A professional corporation is a corporation that provides professional services and that is regulated by...
Tax Planning Update – RRSP/TFSA
In order to assist you with your 2014 and 2015 tax planning, we are pleased to provide you with the...
GST/HST election for closely related persons: Important changes for 2015
The GST/HST joint election available to closely related persons (the “156 Election”) under section 156 of the federal Excise Tax Act (the...