by Matthew PollockWhy Every High-Income Earner Should Have a Tax Lawyer
As your income increases, so does the complexity of your tax situation. High-income earners face unique tax challenges that require careful planning a...
by Matthew PollockFamily Businesses and Employment Insurance
When family and business intertwine, things can get rather complicated. The Tax Court of Canada’s recent decision in Tina Positano v. The Minist...
by Matthew PollockTFSA Strategies: Long-Term Wealth Building
A Tax-Free Savings Account (TFSA) is one of the most versatile and powerful tools available to Canadian investors. Introduced in 2009, the TFSA allows...
by Matthew PollockTaxes for Freelancers: A Guide for Independent Workers
Freelancing offers flexibility, independence, and the potential for lucrative income, but it also comes with the responsibility of managing your own t...
by Matthew PollockForm T2125 (Statement of Business or Professional Activities)
If you’re self-employed or earn income from a business or professional activity in Canada, you’ll need to complete Form T2125, also known as the S...
by Matthew PollockFailing to Report Income: What You Need to Know
Failing to report income is one of the most common tax mistakes made by Canadians, and it can lead to serious consequences with the Canada Revenue Age...
by Matthew PollockUnderstanding Family Trusts in Ontario: Rules and Benefits
Family trusts are becoming increasingly popular in Ontario, Canada, as individuals seek effective ways to manage their assets and ensure financial sec...
by Matthew PollockRecent Enhancements to the GAAR
The General Anti-Avoidance Rule (GAAR) has been a cornerstone of Canadian tax law since its inception. This provision empowers the Canada Revenue Agen...
by Matthew PollockBusiness Expense Examples: A Guide for Canadian Entrepreneurs
Understanding what qualifies as a business expense is crucial for Canadian entrepreneurs looking to maximize their tax deductions and reduce their ove...
by Matthew Pollock