There are many investments, such as shares of Canadian private corporations, that can be held in a Registered Retirement Savings Plan (RRSP), a Registered Retirement Investment Fund...

There are new reporting requirements for trusts requiring most trusts to file a T3 return, regardless of income or activity levels (with some exceptions, see below).

The Federal budget released on April 19, 2021, was a bittersweet one for Northerners. In a year where the territories are subject to self-isolation rules if they venture outside the border...

In December of 2022, Bill C-32 received royal assent and new trust disclosure rules were introduced into the Tax Act, which take effect for the 2023 tax filing year.

It is not uncommon for a business to experience financial hardship. If you can identify problems early, you can have a head start in rectifying them.

Business insurance, like many types of expenditures, is one of those items which business owners typically do not like to pay.

Nupur was born and raised in India, before relocating with her husband to Canada a decade ago. She began her professional career with Big Four firms and after 13 years ...

Have you ever received spam email from a friend who has passed away? Or been reminded by Facebook of a schoolmate's birthday who has only died weeks before?

Yes, as the named legal representative of the deceased your responsibilities include filing all necessary tax returns for the deceased,

On April 14th, 2016, Alberta Finance Minister Joe Ceci announced the 2016 Alberta Budget. Below is a summary of some of the tax measures that were included in the Budget.

Welcome to our 2018 tax planning issue; a guide dedicated to helping you get the most out of your tax returns.

I was named the executor of a friends will. Do I need to do anything? Yes, as the named legal representative of the deceased your responsibilities include filing all necessary tax returns for the deceased, ...

On March 22nd, 2016 the new federal Liberal government will table its first budget and members of the tax community are expecting a number of tax changes that could significantly impact owner–managers of Canadian businesses.

The Budget contained a change of significance for some professionals including lawyers. The Budget proposes to pull back a long standing deferral that has existed with respect to work in progress.

The new B.C. Caregiver Credit is effective for 2018 and replaces the Infirm Dependent Tax Credit and the Caregiver Credit.

There are many eligible investments, such as shares of Canadian private corporations, that can be held in a Registered Retirement Savings Plan (RRSP) or a Tax-Free Savings Account (TFSA)

Irrespective of the form of business in which you operate, if you are going to have employees then you will have to contend with payroll taxes. The brief summary that follows will give you some guidance in the rules and regulations of the various taxing authorities.

The 2016 Federal Budget released in March contained proposed changes that may impact selling your business in the near future.

Now that you have collected all the information needed to file your taxes what's next? Crowe MacKay LLP's tax team shares five important steps to ensure you are not penalized.

On December 13, 2017, the Government released its updated proposed rules on Income Sprinkling (also known as Income Splitting).