Tax Tips and Traps Newsletter – 3rd Quarter, 2025

Kenway Mack Slusarchuk Stewart LLP Chartered Professional Accountants is pleased to provide the following income tax commentary.  This commentary does not originate from our office. Our subscription to the commentary allows for us to distribute it to our clients. We hope you find it useful.

In this issue, topics include:

• • Tax Tidbits
  • Liberal Election Platform: Potential Tax-Related Changes
  • First-Time Home Buyers’ (FTHB) GST Rebate: Relief for New Home Purchases
  • Automatic Change to Electronic Mail for Businesses: Action Needed
  • Electronic Correspondence With CRA: Caution!
  • Electronic Payments: CRA Enforcement
  • Uncashed Cheques From CRA: Is There One for You?
  • Statute-Barred Assessments: Review Those Returns!
  • Transfer of Property to Shareholder: Tax Consequences

Click here to view: Tax Tips and Traps Newsletter – 3rd Quarter