Are you one of the many Canadians who have inadvertently overcontributed to their Registered Retirement Savings Plans?

With the 2015 Federal Budget effectively increasing the lifetime capital gains exemption for qualified farm property to $1 million, now is a good time to revisit capital gains tax planning.

The 2014 Federal Budget introduced legislation to eliminate the graduated rate of taxation for testamentary trusts.

In recent Tax Alerts we discussed the tax on split income (TOSI), which limits income-splitting techniques involving private corporations by taxing amounts received at the highest marginal tax rate.

When individuals die, they are deemed to have disposed of all of their assets at fair market value at the time of death.

With the real estate market booming (or contracting, as the case may be) in your home town, you have decided to cash in on the one income tax break that has remained relatively unchanged...

Even if you run a successful farm business, there is probably room for improvement in your record-keeping. Good records provide a snapshot of your operation and a more precise sense ...

With an increasingly global farm commodity market and a lower Canadian dollar, Canadian farmers are finding it much easier to sell their products in the United States.

In recent years, an increased emphasis has been placed on the quality, accuracy and transparency of the financial information an entity provides to equity holders, lenders, regulators, analysts and other users of this information.

Consider one of the following scenarios: Your firm's leadership wants to become the employer of choice for young professionals...

IFRS 15 sets out requirements for recognizing revenue that apply to all contracts with customers and replaces the myriad of current revenue standards.

In the fall of 2015, the Liberal government threatened to end the preferential tax treatment for certain employee stock options.

During times of economic uncertainty, one might expect that an entity would have fewer accounting issues to consider because activity levels often decrease.

Your business has stayed the course amidst untold degrees of uncertainty and persevered through the ups and downs.

Like many in the rapidly evolving financial service industry, my firm has faced a key challenge in the past few years: keeping talent. Why?

As a litigation accountant, one may review and quantify several life care plans each week, both for plaintiff and defense counsel.

Here is a closer look at the considerations involved when incorporating a proprietorship business.

Unlike other countries in the developed world, U.S. citizens residing in Canada are required to file income taxes in both Canada and the United States.

From time to time, many Canadians find themselves considering a permanent move to the United States.

We previously illustrated the lack of fairness in the recently proposed amendments to the taxation of trusts and estates with respect to disabled Canadians.