
Owner-Manager Remuneration: Characterization of Payments
The Background The recent case involving Malamute Contracting Inc., a small Ontario business specializing in kitchen and bathroom renovations, highlig...
Taxpayer Bill of Rights Canada: Rights and Protections
The Taxpayer Bill of Rights is an essential framework designed to protect Canadian taxpayers when dealing with the Canada Revenue Agency (CRA). Unders...
Tax Repayment Plans: Navigating Options with the CRA
Dealing with tax debt can be overwhelming, especially when you’re faced with mounting interest and penalties. If you owe money to the Canada Revenue...
CRA Interest Relief: Reduce or Eliminate Interest
Tax debt can quickly become overwhelming, especially when daily compound interest adds up over time. Fortunately, the Canada Revenue Agency (“CR...
The Taxation of Stock Options and Other Equity-Based Compensation
Stock options and other equity-based compensation are commonly used by companies to attract, retain, and incentivize employees. However, commensurate ...
Canadian Tax Compliance for High Net Worth Individuals (HNWIs)
A high-net-worth individual (HWNI) is someone who possesses liquid assets totaling to at least $1 million after accounting for their liabilities. This...
Audit of Restaurants – Revenue Projection Method
A revenue projection method is a technique that may be implemented during the audit of a taxpayer. Briefly, IVI techniques are used in an attempt to d...
Streaming Success: Tax Implications for Gamers and Streamers in Ontario
In the vibrant landscape of digital entertainment, the realms of gaming and streaming have become more than just a pastime. For many, these platforms ...
Tax Tips for Startups and Entrepreneurs in Canada
Measures to Grow Canada’s Clean Economy Starting a new business is an exciting journey, but it also comes with its fair share of responsibilities, e...

