Since 1976, the Canadian federal government has imposed a disbursement quota (DQ) on Canadian registered charities to ensure that a registered charity's resources are devoted to its mandated purposes.

In a follow-up to her recent article, our Estate and Trust expert, Karen Slezak, answers questions commonly asked by estate executors in this second instalment.

From our annual Tax Tips guide, here are the 3 tips and suggestions related to Interest Deductibility and Tax-Free Savings Accounts for the year 2017.

Most of the world was vaguely aware of a new virus called COVID-19 when 2020 began but none of us could have imagined the seismic shift we have all experienced during the last several weeks.

As a business owner, you will likely want the highest price possible when selling your business.How do you maximize its value?

In 2021, the Department of Finance unveiled an enticing opportunity for certain Canadian businesses to immediately claim up to $1.5 million per year in depreciation expense on eligible properties.

On September 13, 2022, the Federal Government announced new measures as part of its Affordability Plan, with the intention of helping Canadians impacted by the effects of inflation.

Due to inflation and the rising cost of living, the Government of Canada has announced a one-time top-up benefit for low-income renters, providing $500 to qualifying individuals and families.

There is no question that the hospitality industry has been among the hardest hit by COVID-19, with the business screeching to a halt in mid-March as part of the desperate effort to contain the spread of the virus.

On December 22, 2021, the Federal Government proposed to expand eligibility for the Local Lockdown Program, which would enable businesses that face capacity-limiting public health...

On November 8th, the U.S. Department of Labor's (DOL) Wage and Hour Division issued an opinion letter (FMLA2024-01-A) stating the DOL's position on the use of leave by employees under the Family...

Significant changes have been made to the taxation of trusts and estates that may have a major impact on your tax and estate planning. This bulletin highlights the main tax planning considerations now required to deal with these recent changes.

At the time of writing, the Federal government announced an inquiry into childcare sector and early childhood learning.

A large portion of 2013 saw a steep decline in business confidence and business investment.

That you are better off owning the banks rather than lending money to them through term deposits has proven correct.

International Accounting Standard 39, Financial Instruments: Recognition and Measurement, was originally issued in March 1999; however, an archeologic dig through that standard turns up remnants that date back as far as 1986.

They got Al Capone for tax evasion; not for any one of the hundred or so other crimes he allegedly committed. Apparently, it was testimony of his accountant and the discovery of a mysterious "second set of books" that finally put Capone away. The books were well hidden. Fortunately, the accountant knew where to find them.

In the recent climate of government cutbacks and corporations limiting their donation budgets, it is important for individuals to assess how they can contribute to their communities and continue to assist worthy organizations that serve a much needed role in society.

Recently, Simon Property Group, the biggest mall operator in the United States announced a deal to partner with a Silicon Valley start-up, Shopkick Inc. Shopkick is a company that has created technology that will reach out to Smartphone-equipped shoppers.

Adults in Ontario cannot recall a time when their local shopping malls did not have parking spots reserved for persons with disabilities, accessible entrance doors, and closed-caption television shows.