Last month, the federal government released a discussion paper containing draft legislation and proposed measures that will significantly curtail common-place tax planning for many Canadian small business owners.

Professional firms and other business advisors have been raising awareness and emphasizing the need for publically reportable entities to begin their conversion processes to International Financial Reporting Standards (IFRS) for many months now.

A discussion on the options available when a business relationship is no longer sustainable and partners can no longer be partners.

Effective January 1, 2018, the minimum wage in Ontario increased to $14 per hour, representing a 21 per cent increase ...

Effective January 1, 2020, the Workplace Safety and Insurance Board (the "WSIB") is changing the way premium rates are set for over 300,000 Ontario businesses covered by its workplace

Please note that representatives can still use Form RC59 to request telephone/mail access to business clients' tax information, and the above only applies to requests for online access.

If you are a supplier located outside Canada, new QST registration requirements may apply effective January 1, 2019.

Recently, tax partner Aaron Schechter was invited to join the host of The Wealth4Self podcast, Marshall Vaughan to discuss...

Why is it that one income loss report can say an insurance loss claim is worth a million dollars and another one can say it is worth nothing?

You've been generous enough to extend your customers credit, and now one of those customer's debt has become uncollectible.

Concentrate on your game: Jeff and Adam say residency status can affect athletes' signing bonuses and the taxes they owe. Learn how to create a winning financial strategy.

On August 20, 2020, the government announced that the Canada Emergency Response Benefit (CERB) will be extended by an additional four weeks to a maximum of 28 weeks.

Our annual Tax Tips Guide is here to assist you in your tax planning, presenting some quick ideas and strategies for you to consider.

Morneau stated that the wealthiest benefit the most from the current regime, namely that 80 per cent of these passive investments are held in the top 2 per cent of private corporations.

Airbnb can be a great platform to generate more revenue from your place of residence. However, there are some GST/HST implications to consider.

Have you ever heard of the term doppelgänger domains? Until recently, we hadn't either. Mind you, I would bet that, in some way or another, you may have already come across one.

It's official: As of October 17, cannabis is now legal for recreational use across Canada. Medical cannabis was legalized nationwide in 2001 yet the stigmas and attitudes

Last week, Crowe Soberman proudly hosted our annual Women for Women breakfast event, entitled The Ripple Effect: Investing in Women in STEM.

In today’s knowledge and service economy, it’s generally accepted that relationships are key; the state of your relationships with business partners, staff, clients or customers, suppliers and others in your stakeholder group defines the success or failure of your business.

"It's a common scenario," says Ali Spinner, a tax partner specializing in estate planning at Crowe Soberman LLP in Toronto. "In many cases, one spouse is more financially savvy than the other. When that spouse passes, the surviving spouse is forced to become the driver of financial decisions, and become very knowledgeable, very quickly."