Accounting

by Jason Rosen

Shareholder Loans

A shareholder loan is money given by a corporation to a shareholder, or to someone who does not deal at arm’s length with the shareholder. If c...

by Jason Rosen

Personal Services Business

Many individuals choose to incorporate their businesses because of the various tax deferrals and savings. However, taxpayers must be aware that the C...

by James Pendergast

Change in Use of Property

Where a property goes from principle residence to rental, or vice versa, it is known as a change of use in the property. When this occurs, there is a...

by Jason Rosen

Keeping a Motor Vehicle Log

Keeping a Log Taxpayers must keep a logbook if they only have one motor vehicle and operate that same vehicle for business and personal use. This is...