The death of an individual that operates a business as a sole proprietor may have GST/HST implications; mostly for the deceased's estate (the "Estate") and its trustees.

An estate freeze is a reorganization of the shares of a private company undertaken to "freeze" the growth in value of a particular class (or classes) of shares at the fair market value thereof...

In the Claims Valuation and Litigation Support Group, we provide expertise on loss calculations for personal injury claims, business interruptions and other claims that may give rise to earnings loss.

Business valuation is a high stakes exercise. An error or an assumption change has the potential to change the value conclusion by a significant amount.

Prime Minister Stephen Harper announced several new tax relief measures last week, which we have summarized below. Please note that the following measures are applicable only to households with children.

From our annual Tax Tips guide, here are the tips and suggestions for Corporation and the Self-Employed for the year 2016.

From our annual Tax Tips guide, here are the tips and suggestions related to Investment Income, Capital Gains and Losses for the year 2016.

The 2016 Federal Budget announced a proposal to repeal the existing eligible capital property ("ECP") regime and replace it with a new regime that will treat ECP as depreciable property.

Following the considerable rise and drop in the price of Bitcoins and similar cryptocurrencies, here's how those who suffered losses may be able to take advantage of the unfortunate situation for tax purposes.

Are you thinking of incorporating your medical practice? As with any opportunity, there are risks and rewards to consider. Before making this decision, there are legal and tax implications you should be aware of.

A 75-day consultation period followed (in the peak of summer) and practitioners rushed to submit their comments to the Department of Finance expressing their concerns regarding the proposals.

Financial reporting is undergoing several upcoming changes in 2018. We've summarized the new measures and discuss how they may impact you.

Women have long been underrepresented in the STEM fields. Many feel that the presence of more women in STEM can only lead to increased innovation, competitiveness and creativity...

One of the biggest concerns for families of seniors requiring residential facility care, is how to make that care more affordable.

As I write this article, Toronto is recovering from its biggest rainfall since Hurricane Hazel. Two weeks ago, downtown Calgary was affected by days of heavy rains following which the Bow River burst its banks. And while the initial focus should always be on the personal safety of those affected, in short order this focus will give way to dealing with the financial consequences of the events which have occurred.

The 2015 Personal Income Tax Organizer is designed to assist you in gathering the reporting information and documents necessary for the preparation of your 2015 tax return

Proper receipting is important for any registered charity, and failure to comply with receipting requirements carries with it hefty penalties.

The Department of Finance has proposed new "holding corporation rules" for GST/HST* that, if enacted, would be effective as of July 28, 2018.

The factors that help determine whether or not a professional athlete is a resident of Canada for tax purposes can be broken out into two categories: Significant Residential Ties...

Dividends, on the other hand, may cost the family unit less in current taxes.