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...
Let’s Talk – Winter 2014 Edition
A Message from the Managing Partners Managing Partners Fred Arshoff and Jeff Nightingale discuss what Lipton LLP is striving to...
Getting Ready for 2014
With the exception of RRSP contributions (in most cases) and pension income splitting, any tax planning strategies intended to reduce...
Non-taxable benefits can help retain excellent employees
Good employees are difficult to find, so it may be worthwhile to offer benefits that will encourage them to stay....
CRA Announces Change to Reporting Foreign Income on Form T1135
Recently, the CRA released the revised Foreign Income Verification Form T1135 as announced in the 2013 Federal Budget. Effective immediately,...
2013 Federal Budget Commentary
Like its predecessor, the March 21, 2013 federal budget is entitled “Jobs, Growth, and Long-Term Prosperity”. In his eighth budget,...
6 Tips for Tax Season
It’s that time of year again, when we dig deep into our shoeboxes full of receipts and wait eagerly for...
Tax-Free Savings Accounts
No one likes receiving unexpected notices from the Canada Revenue Agency (CRA). Some owners of tax-free savings accounts may have...
Saving for an Education
Tuition may be increasing, but education is still the best investment we can make for our children or grandchildren. Today...