Resources & Articles

Domestic Tax


Bare Trusts and GST/HSTMay 28th, 2019

There has been increased Canada Revenue Agency (CRA) audit activity as it relates to bare trusts and GST/HST.  It isn’t uncommon to see those involved...
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US TAX ISSUES FOR US CITIZENS AND GREENCARD HOLDERS LIVING IN CANADAMay 23rd, 2019

Filing Requirement The liability for US tax is based on both citizenship and residence. Therefore, as a US citizen you must file annual US income...
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TAX TIDBITS: Some Quick Points to Consider…May 21st, 2019

The annual TFSA contribution limit for 2019 will be increased to $6,000 (from $5,500) due to indexation. For those who have been eligible to build...
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US Taxation and Canadian SnowbirdsMay 16th, 2019

We often get asked “How much time can I spend in the United States without tax consequence?” and “What are the tax rules for owning...
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ACCELERATED DEPRECIATION: Federal Fall Economic Update ChangesMay 14th, 2019

In response to U.S. tax changes and cuts, the Federal Government released its Fall Economic Update on November 21, 2018 which primarily focused on changes...
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2019 Ontario Budget CommentaryApril 12th, 2019

On April 11, 2019, Ontario’s Finance Minister Vic Fedeli delivered the province’s 2019 Budget. The Budget does not include any changes to personal or corporate...
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How to Make a Payment with Canada Revenue Agency for Your BusinessApril 5th, 2019

Pay by Online Banking Make a payment to the CRA through online banking, the same way you pay your phone or hydro bill. Sign in...
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Could this Year’s Federal Budget Mean More Audits for Home Builders and Real Estate Developers?April 3rd, 2019

The federal budget (released on March 19, 2019), announced that the government intends to invest an additional $50 million dollars over the next 5 years...
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Hacked Customer Data: Federal Reporting RequirementsApril 2nd, 2019

Recently, the Office of the Privacy Commissioner of Canada, provided details in respect of the new mandatory reporting requirements where breaches of security safeguards have...
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CANADA PENSION PLAN (CPP) CHANGES: Costs and Benefits are IncreasingMarch 26th, 2019

Starting January 1, 2019, the CPP will be enhanced. This means that both employees and employers will be required to contribute more, but, retirement, survivor,...
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