by James PendergastChanges to the Voluntary Disclosures Program
Do you have unfiled tax returns, or have you incorrectly reported income? If so, you may be eligible for the Voluntary Disclosures Program. The Volunt...
by James PendergastI Owe Money to the CRA – What do I do?
So you filed a personal, corporation, or GST/HST return but you weren’t able to cover the balance owing to the Canada Revenue Agency (“CRA...
by James PendergastHow To Find The Right Tax Court Lawyer
The Tax Court of Canada is a unique Court in Canada. It only hears tax cases, and there is no fixed location where the judges reside. Rather, Tax Cou...
by James PendergastHow Professionals Incorporate To Save On Taxes
Professional Corporations Legislation in Ontario specifically permits certain professionals to practice their profession in a corporate form even thou...by James PendergastOwing Money To The CRA: Tom’s Story Part 1
Tom Johnson runs a successful sole proprietorship in Toronto, Ontario. He buys consumer goods that he finds online for cheap, and then re-sells them ...
by James PendergastIncorporation vs. Sole Proprietorship
When a taxpayer decides to start their own business, he or she must consider the type of business structure best suited to their individual needs. The...by James PendergastSection 85 Rollover
What is a Section 85 Rollover? The Income Tax Act (“ITA”) contains several provisions that allow a taxpayer to transfer ownership of prop...
by James PendergastMarijuana Dispensaries and Taxes
With the recent explosion of marijuana dispensaries in Vancouver and Toronto, the Canadian government is having a hard time coming up with new laws ...
by James PendergastReal Estate Audit
The Principal Residence Exemption is Canada’s most lucrative tax break. When a taxpayer sells his or her personal residence, providing the con...
by James Pendergast