by Elias ZafiridisCorporate Tax Audit Red Flags
The Canada Revenue Agency (the “CRA”) uses advanced data analysis and risk assessment to decide which corporations to audit. While not every irreg...
by Elias ZafiridisSmall Business Corporate Tax Audit
Small businesses form the backbone of the Canadian economy, but they are not exempt from scrutiny by the Canada Revenue Agency (the “CRA”). A smal...
by Jason RosenForm 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 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 Katelyn AdamsAdjusted Rates of Excise Duty on Beer, Spirits and Wine
Effective April 1, 2024, the Canadian government has revised the Excise Duty rates for beer, spirits and wine, instituting a temporary freeze on annua...
by Jason RosenCorporate Tax Strategies in Canada
Navigating the complex landscape of corporate taxes in Canada can be a daunting task for any business. At Rosen & Associates Tax Law, we understan...
by Ashuthi KannegantiFinancial 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,...
by Elias ZafiridisThe Taxation of Stock Options and Other Equity-Based Compensation
Stock options and other equity-based compensation are commonly used by companies to attract, retain, and incentivize employees. However, commensurate ...
by Matthew PollockDirectors’ Personal Liability for Tax in Canada
From Boardroom to Courtroom: Unpacking Directors’ Personal Liability Understanding directors’ personal liability for tax assessments in Ca...
by Caroline McPhail