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

Generally, it is required for sole proprietorships and partnerships to use a calendar year-end. In contrast, corporations, other than professional corporations are able to select the month-end which best suits their business.

Upon hearing the word BUDGET most people begin to frown. This is not surprising as budgeting can be an overwhelming task for some people, but it does not have to be.

Most successful small and medium size businesses have professional outside advisors – a lawyer, an accountant, perhaps an insurance agent.

TFSA's have now been around since 2009. If you have not made any contributions before, as of 2021 you can contribute a maximum of $75,500.

TFSA's have now been around since 2009. If you have not made any contributions before, as of 2022 you can contribute a maximum of $81,500.

TFSA's have now been around since 2009. If you have not made any contributions before, as of 2020 you can contribute a maximum of $69,500, and each year after 2020 you will be able to contribute an additional $6,000 ...

TFSA's have now been around since 2009. If you have not made any contributions before, as of 2023 you can contribute a maximum of $88,000

Effective April 1, 2026, Tax and Revenue Administration (TRA) will use online mail through TRA Client Self-Service (TRACS) as the default method to deliver correspondence related to...

If so, you should understand that a corporate entity ("Your Company") is a separate legal entity - effectively, another person.

In my view, the most taxpayer-friendly rules in the Canadian tax system include the capital gains exemption on the sale of a Principal Residence...

The opening of new markets, potential for limitless growth and removal of barriers to free trade are increasingly making it ...

On February 22, 2022, British Columbia's Finance Minister Selina Robinson announced the 2022 British Columbia Budget.

On February 27, 2025, Alberta Minister of Finance Nate Horner announced the 2025 Alberta Budget. The Budget aims to strengthen health care, education and communities, support vulnerable Albertans...

The death of a parent or friend can be an extremely difficult time and finding out you've been named Executor can lead to many questions – the first being what are the responsibilities of an Executor?

Donated human ova and in vitro embryos are being used in assisted human reproduction procedures in Canada. The Budget propose to extend GST/HST relief for human ova and in vitro embryos

Crowe MacKay's tax experts share insight on Canadian tax changes announced by the Federal Government impacting individuals, families, and businesses.

The Scientific Research and Experimental Development (SR&ED) program is a significant, impactful initiative in Canada, serving as a catalyst for research, development, and innovation.

The executor can be one person or several people, that will help to carry out the instructions in a will. They are responsible to administer the deceased estate

Founded in 1970 by Barry Lapointe, KF Aerospace has become Canada's largest aviation Maintenance, Repair, and Overhaul (MRO) provider.