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 PendergastIs PayPal Income Taxable In Canada?
The Canada Revenue Agency has recently received a court order from the Federal Court allowing them to collect a broad range of data from paypal. The ...
by James PendergastMarijuana and Taxes
The Liberal Government continues to work towards legalizing marijuana throughout Canada by releasing proposed amendments to the Excise Tax Act concer...
by Jason RosenIncome Sprinkling and Reasonableness
In the recently announced changes to the Income Tax Act, “reasonableness” takes centre stage. Taxpayers running businesses who pay money out to t...
by James PendergastWhat are Reasonable Business Expenses?
In a tax context, an expense or a write-off is another word for a deduction. Canadian corporations are taxed on their profits, that is, the income th...
by James PendergastWhat does ‘Reasonableness’ Mean in Canadian Tax Law?
When Canadians think of taxes, they likely think of strict rules that come out of the Income Tax Act. Parts of the Act, however, do not really work ...
by Jason RosenWhen You Need A Tax Lawyer vs. When You Need An Accountant
There are clear distinctions to be made between tax lawyers and accountants. Understanding these differences will make it easier to decide what you ...
by Jason RosenCan I File An Income Tax Objection?
If you feel as though the CRA has not interpreted the law correctly in their tax audit, it is within your rights to challenge it through the Income Ta...
by Jason Rosen