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Strong Economic Headwinds for 2016

We’ve only just launched into 2016, and already there are some strong economic headwinds. Business owners are being buffeted by uncertainty in the markets and a challenging tax environment. Commodity (more...)

Think Twice Before Inter-Corporate Dividends!

Accountants and the tax community are slowly gaining increased clarity from Canada Revenue Agency (“CRA”) regarding very significant, complex, unfavorable tax changes proposed during the 2015 year which have widespread (more...)

Beware of Fraudsters Representing Themselves as the Canada Revenue Agency (CRA)

It is that time of year again when phone calls and emails that appear to come from CRA are common. They can look and sound convincing.  Scammers often send an email (more...)

Tax-Free Savings Account Contribution Limit 2016

Over the years, many Canadians have opened a Tax-Free Savings Account or “TFSA” to take advantage of the significant tax benefit of those plans. TFSA’s started in 2009 and allowed (more...)

Tax Alert

The federal government introduced changes regarding the GST/HST “Closely related election” which impose a filing deadline of December 31, 2015. This election allows certain closely related corporations and partnerships that (more...)

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