

I’m Being Audited By The CRA, What Should I Do?
Depending on your employment position, it should not be a surprise to find yourself the target of a CRA audit. Â If you are self-employed, the owner o...

What Happens If You Forget To Report Income On Your Tax Returns
Forgetting to report income is a common issue pertaining to tax returns and audits. Â If you are reporting numerous employment incomes, have a plethor...

RRSP or TFSA – Which is Right for Me?
If you want to begin saving for retirement, but are not maxing out the tax-sheltered savings accounts offered by the Canada Revenue Agency, you will f...

Changes to the Lifetime Capital Gains Exemption
On July 18, 2017, Canada introduced draft legislation that, if implemented, will significantly change the way business owners and professionals pay ta...

Changes 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...

Ontario 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...

What is Taxpayer Relief?
Taxpayers aren’t perfect, and quite frequently circumstances beyond their control prevent them from meeting their tax obligations. While the Canada ...

Tax Planning Using Private Corporations – 2017 Changes
The Federal Government has announced that they are looking into making changes to what they perceive as unfair tax advantages provided to individuals ...

Is Your Corporation Up To Date?
Do you own a corporation? Have you updated your corporate records each year as required by the Business Corporations Act (Ontario)? Have you routinel...
