The Department of Finance today announced its intention to lower the small business tax rate to 10%, effective January 1, 2018 and 9%, effective January 1, 2019. Included in …
Category: Small Business
Review Engagement Reports for fiscal periods ending on or after December 14, 2017 will contain several changes. What to Expect The new report identifies that as practitioners, we are …
The CRA can deny paying a refund where a tax return is filed more than three years after the applicable tax year. This can result in tax consequences.
On July 18, 2017, Minister Morneau introduced draft legislation that proposes to change taxation on payments to shareholders of private companies.
Minister Morneau and the Department of Finance on July 18, 2017 introduced draft legislation that proposes to change taxation rules on the conversion of income to capital gains.
The draft legislation introduced on July 18, 2017, is proposing measures to limit the ability to claim the lifetime capital gains exemption on dispositions.
As part of the draft legislation introduced on July 18, the Department of Finance is proposing two methods for changing taxation on passive corporate income.
Minister Morneau announces the launch of consultations on tax planning using private corps. Read the update here for how it could impact you.
The recent Federal Budget proposes changes to the tax treatment of WIP for professionals. These changes could have a large impact on tax bills.
As a self-employed physician, you will be responsible for your taxes. Make the transition from medical resident to practicing physician painless.