A common question that we often get as farm tax advisors is whether or not farm property can be transferred to the next generation by way of a gift.

Growing public awareness with respect to blockchain technology has sparked interest from major governments, financial institutions and individuals around the world.

Moves by the IRS and the CRA seeking to tax Bitcoin owners have highlighted the difficulties of reconciling virtual assets with real world legal constructs.

The due date changes should reduce the number of taxpayer extensions.

In a hot real estate market, farmland owners may start thinking about turning their dirt into cash. Most people have heard there's no tax on the sale of farmland in Canada, but it's more complicated than that.

On June 9, 2017, the Canada Revenue Agency (CRA) invited public comment on a number of proposed changes to the Voluntary Disclosure Program.

Last year's budget was delivered with a projected deficit of $28.5 billion and focused on several key areas, including skills development, innovation and middle-class jobs, among others.

Canada has more than 170,000 charitable and not-for-profit organizations, 85,000 of which are registered with the Canada Revenue Agency (CRA).

According to the United States Treasury Inspector General for Tax Administration (TIGTA), U.S. taxpayers have reported more than $20 million in financial losses resulting from IRS scam artists since October 2013.

For anyone making the transition to self-employment, deciding whether to incorporate is a major decision.

If you make the decision to buy or sell farmland without first talking to an advisor, you are likely to find yourself in a predicament that can be difficult (and costly) to resolve.

Canadians selling U.S. real estate face a number of challenges, most notably the difficulty in finding someone with special training on this topic.

The nil consideration election found in section 156 of the Excise Tax Act (ETA) has recently been updated with changes to be in effect January 1, 2015.

In the recent decision Gervais v. R., the Tax Court of Canada denied a taxpayer’s attempt to multiply the capital gains exemption with his spouse.

Business Interruption policies typically set out the measure of recovery on a commercial insurance claim as either a Gross Earnings Form or a Profits Form.

Life insurance rules have remained relatively intact since 1982, but that's about to change. Starting January 1, 2017, new income tax legislation will come into effect.

In recent years, digital currencies called "cryptocurrencies" have exploded in mainstream popularity.

Entrepreneurs work hard at building their enterprise – but most of them want to eventually reap the rewards by selling all or part of their business.

This acceleration of debt repayment will generate interest savings of $332 million over five years.

Back in July 2017, the Canadian Advanced Technology Association (CATA) published its update on SR&ED.