Resources: Articles

GST HST

GST On-Call Fees

Posted on June 21, 2017 by admin

The recently released Excise and GST/HST News – No. 101 provided the Canada Revenue Agency’s interpretation Section 5 of Part II of Schedule V to the Excise Tax Act  (ETA) as it pertains to on-call fees for medical practi...View Post »


Leave of Absence: Tax Consequences

Leave of Absence: There Are Tax Consequences

Posted on June 15, 2017 by admin

A deferred salary leave plan (DSLP) permits an employee to fund, through salary deferrals, a leave of absence from their employment. Generally, salary deferrals are included in income when the amounts are earned. However, if certa...View Post »


“Better Way” Blueprint Tax Reform Raises Concerns for the International Business Community

“Better Way” Blueprint Tax Reform Raises Concerns for the International Business Community

Posted on June 14, 2017 by admin

There is growing speculation that Donald Trump will support the “Better Way” Blueprint for tax reform in the United States.  The Blueprint is a proposal for U.S. tax reform contained in a position paper entitled “A Better W...View Post »


Donation of Publicly Traded Securities: Increases the Value of Charitable Giving

Donation of Publicly Traded Securities: Increase the Value of Charitable Giving

Posted on June 8, 2017 by admin

An individual who gifts cash or assets to a charity is able to claim a donation tax credit which reduces their personal tax liability. If the individual gifts certain publicly traded securities directly to the charity, they may en...View Post »


Construction & Real Estate - Structuring & Planning

Profit Clue: Construction and Real Estate Businesses – Structures and Tax Planning

Posted on June 6, 2017 by admin

There are many ways to structure a construction and/or real estate business in order to achieve income tax deferrals and savings.  The structuring techniques come with pros and cons that need to be carefully considered prior to i...View Post »


To Lease or To Buy, Is It a Matter of The Lesser of Two Evils?

To Lease or To Buy, Is It a Matter of The Lesser of Two Evils?

Posted on June 1, 2017 by djb

If you are a business needing to purchase new equipment, the question naturally arises: What is the best option, to lease or buy? Understanding the following key factors will help you decide. Cash Flow This is simply the money com...View Post »


Keeping the Family Cottage in the Family

Keeping the Family Cottage in the Family

Posted on May 25, 2017 by admin

As the weather starts to become warmer and the first long weekend has just passed, we look forward to spending time outdoors with our families.  Many families have great memories of times spent at the family cottage.  Parents of...View Post »


Dental Care

Claiming Input Tax Credits for Orthodontists

Posted on May 23, 2017 by djb

Medical practitioners who specialize in orthodontics may provide their supplies in different ways. The tax status of these supplies under the Excise Tax Act (ETA) will depend on the facts of the particular situation.  It is possi...View Post »


Ontario Budget Proposed Tax Measures Related to Agribusiness

Ontario Budget Proposed Tax Measures Related to Agribusiness

Posted on May 18, 2017 by djb

As part of Ontario’s efforts to encourage job growth in the agriculture sector and support rural economies, a review has been undertaken on the property tax treatment of small-scale agricultural processing and commercial activit...View Post »


Meal Reimbursements:

Meal Reimbursements: A Taxable Benefit?

Posted on May 16, 2017 by admin

In a June 10, 2016 French Technical Interpretation, CRA commented on whether an employer had conferred a benefit to an employee where the employee was reimbursed for their meal expenses. Generally, an employee must include the val...View Post »