
Investment Tax Planning in Canada
Investment tax planning is a crucial strategy for maximizing the returns on your investments while minimizing the taxes you owe. By understanding the ...
Post-Mortem Tax Planning in Canada
Post-mortem tax planning is a critical yet often overlooked aspect of estate management in Canada. This process involves strategic planning to mitigat...
CRA (Re)Assessments & Subsection 152(4) of the Income Tax Act
What a Taxpayer Needs to Know About CRA (Re)Assessments & Subsection 152(4) of the Income Tax Act The Canada Revenue Agency (CRA) has several key ...
Understanding the CRA Taxpayer Relief Program
Exploring the Taxpayer Relief Program: Eligibility, Application, and Considerations The ability to settle tax debts can be hindered by various circums...
Death and Taxes: What Needs to Be Filed Upon Death
In Canada, navigating the tax liabilities of deceased individuals is a complex and crucial task for representatives, executors, and beneficiaries alik...
Taxing on Vacant Property Amid a Housing Crisis. What is the Vacant Home Tax, and Will it Contribute to Solving the Housing Crisis?
On April 27, 2021, we discussed the Toronto Vacancy Tax on our website following its implementation on December 16,2020. Since then, multiple cities a...
Moving Expenses: A Comprehensive Guide
Are you planning to move because of work or school? If so, you could be eligible to claim moving expenses on your next tax return! Understanding the c...
What is the Canada Pension Plan?
The Canada Pension Plan (CPP) is a contributory social program whereby Canadian workers, employees, and self-employed individuals, contribute a percen...
Financial Security Requirement for Beer Manufacturers
On May 6, 2024, the CRA released a circular that explains the requirement, as per the Excise Tax Act, that manufacturers of beer or malt liquor, wort,...

