by Eric MillerWhat is Capital Cost Allowance?
Capital expenditures are distinct from current expenses. While both may be incurred for the purpose of earning income, only the latter is immediately ...
by Kevin HongCanada Emergency Wage Subsidy Audits
COVID-19 and the Canadian government’s response to lockdown parts of the country has naturally left many businesses struggling to operate. For some ...
by James PendergastWhat is the Departure Tax?
COVID-19 has grounded many Canadians from international travel and has created unforeseen tax issues related to residency. As winter approaches, many ...
by Eric MillerThe Advantages of a Holding Company
There are numerous ways in which holding corporations can be advantageous to taxpayers. As this post illustrates, holding corporations may be used to ...
by Kevin HongInput Tax Credits – What are they, and Am I Eligible?
Through the help of e-commerce assistance platforms such as Shopify, the barriers to entering and starting a small business have dramatically decrease...
by James PendergastThe Basics of Estate Taxation in Canada
In addition to the emotional consequences of losing a loved one, estate administration can be a difficult undertaking, even for those familiar with th...
by Daniel IbrahimCRA Cyber Attack – Here’s What You Need to Know
On August 14, 2020, the Canada Revenue Agency (“CRA”) website was temporarily shut down following being hit by three cyber-attacks, potent...
by Marrie ShirzadaThe Fine Line between a CRA Tax Audit and a Criminal Tax Investigation
The Canadian income tax system operates through self-reporting, which means that each individual taxpayer is required to file his or her own Canadian ...
by James PendergastInternational Tax Issues Created by COVID-19
The ongoing COVID-19 pandemic has forced changes in all aspects of life. One of the main changes being the imposition of travel restrictions to and fr...
by Tyra Yah