Resources & Articles

Domestic Tax


PROVIDING SUPPLIES TO YOUR CONTRACTORS: GST/HST IssuesDecember 2nd, 2021

In a July 29, 2021, Tax Court of Canada case, a trucking company (the taxpayer) engaged the services of a number of drivers as independent...
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SALARIES TO FAMILY MEMBERS: Amounts Paid Must be TraceableNovember 30th, 2021

Oftentimes, family members of the owner of a business will work for the business. However, these arrangements can be somewhat informal, and amounts paid may...
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How Does GST/HST Apply When Purchasing a Business?November 19th, 2021

When you are purchasing a business in a share deal, the GST/HST implications can be fairly straight forward, in that the purchase of shares of...
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New Ontario Business RegistryNovember 17th, 2021

On October 19, 2021, the Government of Ontario launched the Ontario Business Registry. This new online platform offers simpler, faster, and more convenient access for organizations that...
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WITHDRAWING FROM FAMILY RESPs: Flexible Planning PossibilitiesNovember 12th, 2021

A July 21, 2021, Money Sense article (My three kids chose different educational paths. How do I withdraw RESP funds in a way that’s fair...
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Estate Freeze Advantages and ConsiderationsNovember 4th, 2021

The Canadian Income Tax law states that taxpayers are deemed to dispose of all of their property at fair market value immediately prior to death. ...
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WORKSPACE IN-HOME CLAIMS: CRA ReviewsNovember 3rd, 2021

For the 2020 year, many employees were required to work from home due to the COVID-19 pandemic. Those employees generally had two deduction possibilities: using...
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Is a Farm Partnership Right for Your Farming Business?November 1st, 2021

For tax planning purposes, a farm partnership is a potentially beneficial tax structure. The partnership must be carried out by two or more people, related...
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Use of a Professional Corporation on RetirementOctober 27th, 2021

For professionals, the use of a Professional Corporation (PC) can provide key benefits in terms of income splitting and income tax deferral.  However, professionals often...
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Targeted Government Support Programs for Worst-affected BusinessesOctober 25th, 2021

The government has announced the following changes to business support programs: The Canada Recovery Hiring Program has been extended until May 7, 2022, for eligible...
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