by James PendergastHave You Received A GST/HST Audit After Already Being Audited?
GST/HST Audits after already being Audited Subject to exceptions, Canadians running businesses are expected to collect and remit GST/HST to the govern...
by Jason RosenThe Small Business Deduction and the New Passive Investment Rules
In 2017, the Federal Government announced its intention to make sweeping changes towards small business taxation in Canada. The government initially t...
by James PendergastCryptocurrencies and the CRA
Cryptocurrencies and the CRA In the distant past, the wild west of 2016, cryptocurrencies were a novelty; for the use of those with a particular dista...
by Jason RosenHow to Respond to Indirect Verification of Income Audits
This is part two in a series of posts discussing Indirect Verification methods used by the Canada Revenue Agency (“CRA”). If you want to ...
by Jason RosenIndirect Verification of Income Audits
Indirect Verification of Income Audits & the Canada Revenue Agency Indirect Income Verification methods are an extremely powerful weapon in the CR...
by Jason RosenNew Income Sprinkling Rules
On December 13, 2017, the Department of Finance re-released its draft legislation regarding income splitting rules and provided guidance to the revise...
by Jason RosenDo I Need a Tax Lawyer or an Accountant?
In our first discussion of when to hire tax lawyers, we discussed their experience in advocacy and knowledge of the legal avenues open to you to seek...
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 Jason RosenOntario Real Estate Agents and Professional Corporations
Realtors in Ontario have traditionally been left out in the cold when it comes to taking advantage of the tax benefits of professional corporations.Â...
by Jason Rosen