Distinction Between Current and Capital Expenditures
A repeated question in the realm of taxation revolves around the nature of expenditures; whereby misunderstandings arise as to whether an expense incurred...
Read More
What is the New Housing Rebate?
The New Housing Rebate, outlined in subsection 254(2) of the Excise Tax Act, provides a financial break on the GST or the federal portion of the HST paid...
Read More Tax Exempt Therapies – Practitioners Guide
Canadians have come far with destigmatizing and normalizing therapy, however a barrier many still face in accessing therapy is the excessive costs. In...
Read More
Navigating the Saskatchewan-CRA Debate
In recent months, Saskatchewan has found itself at the center of a heated debate with the Canada Revenue Agency (CRA), sparking concerns and discussions...
Read More Adjusted 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 annual rate...
Read More
Boosting Affordable Housing: The Federal Budget’s Game-Changer for Homebuilders
On April 16, 2024, the Canadian government unveiled a new budget, prioritizing the urgent need to increase the supply of affordable housing as one of its...
Read More
Tax Filing Requirements: Sole Proprietorships v. Corporations
Whether you operate as a sole proprietorship or corporation, it is important to understand the similarities and differences between them both in terms of...
Read More Corporate 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 understand the...
Read More