The Canada Revenue Agency's Voluntary Disclosures Program (VDP) provides opportunities for taxpayers who have previously provided incorrect or inaccurate information while preparing a tax return.

So, you've just signed a contract, and are ready to embark on or continue your career as a professional hockey player.

You are in your 50s or 60s and looking forward to enjoying retirement life in a few years.

As an entrepreneur either just starting out with a business idea or growing an already established business, it is easy to get buried in the big idea and neglect the administration or business details.

Any statutory references contained in this article are to the Income Tax Act.

Building and operating a residential care facility in Canada has many challenges, including unforeseen GST/HST implications.

Over 25 years after it was first introduced in Canada, the Goods and Services Tax ("GST"), while simple in concept, remains one of the more confusing taxes in Canada to apply, especially when it comes to non-residents.

Today’s criminals who target auto dealerships may be after more than just cars.

There are many personal documents that you must review and/or update on a regular basis. Many people don’t find time to deal with these very important matters.

As COVID-19 continues to invade on a global level and here at home, lenders are currently seeking various ways to do what is possible to support their existing clients.

The Government of Canada has recently launched the new Canada Emergency Business Account loan, which has been implemented by eligible financial institutions in cooperation with Export Development Canada.

With increasingly complex and busy lives, we understand the value an efficient audit process can provide to business owners and their teams. Here are 10 helpful tips for a successful audit:

At his Fall Economic Statement, Ontario Finance Minister, Charles Sousa, announced a few changes to the Land Transfer Tax ("LTT") in Ontario which will reduce the LTT burden to first-time home buyers.

Canadian GST/HST is not supposed to be a business cost to foreign airlines that are simply landing or departing from Canada as part of an international flight.

It's the time of year when we exchange dreams of wearing the uniform of our cherished Maple Leafs or Raptors, to dreams of wearing a suit and making big financial and personnel decisions for the teams. If you're like me, you have read all the rumours and speculate who we will trade for and who we might sign as free agents.

The CRA has developed a list of factors it uses to determine if a non-resident corporation is carrying on business in Canada.

Every non-Canadian resident artist who performs a musical performance may be subject to Canadian taxation.

Since the introduction of HST in Ontario on July 1, 2010, large businesses were required to report Recaptured Input Tax Credits in respect of specified property and services on their GST/HST returns.

Although the Registered Education Savings Plan ("RESP") was first introduced by the Government of Canada in 1972, the current incarnation we are most familiar with stems from proposals introduced in the 1998 Federal Budget.

Operating with no central authority or bank, Bitcoin is one of many digital currencies (also knowns as cryptocurrencies) rising in popularity, which makes the related income tax rules even more pertinent than ever.