Category: Personal Tax
The capital gains reserve allows taxpayers to ease the burden of paying capital gains taxes when they haven’t received the sale proceeds.
There are many non-tax considerations that should be discussed when preparing a well thought out estate plan.
Prior to the March 22, 2017 budget, professionals could file an election to allow them to defer WIP until the point in time when the work was completed.
In this issue, topics include: Tax Ticklers, subsidized meals, employer-sponsored social events, personal use of business aircraft, and more.
On the breakdown of a relationship, the various tax aspects of support payments, legal costs and division of assets are not usually a main priority, however tax should not …
When you change the use of an asset, from income producing to personal use, or vice versa, there is a deemed disposition on the date that the change of …
In this issue, topics include: Tax Ticklers, Digital Currency, Corporate Passive Investment Income, and more.
President Trump's Tax Cuts and Jobs Act includes a number of measures that could result in tax increases for U.S. citizens living in Canada. Here is a brief overview …
As a shareholder of a private corporation, it is important to be aware of your options and any tax planning opportunities should you ever be in a position to …
Many people who receive dividends from a private company could see that income taxed at the top personal tax rate without the benefit of the personal tax credits.
