Navigating Builder Audits
Builder audits conducted by the Canada Revenue Agency (CRA) are a significant concern for taxpayers involved in real estate transactions, particularly those...
Read MoreLifelong Learning Plans
The new year can often bring about new reflections. Perhaps you’re motivated to change careers or obtain new qualifications. The pursuit of ongoing...
Read MoreSales and Excise Tax Measures: Vaping Product Taxation
Enhancements to the Vaping Product Taxation Framework in Canada The rapid rise of vaping products in Canada has instigated discussions surrounding their...
Read MoreHow Does the CRA Evaluate Marital Status?
Properly claiming your relationship on your taxes is important as it impacts the tax credits and benefits both individuals may be eligible for. Moreover,...
Read MoreDealing with Back Taxes in Canada
Filing taxes is an annual responsibility that Canadians undertake to contribute to the functioning of the country's infrastructure and services. However,...
Read MoreUpdating the GAAR
The GAAR, or General Anti-Avoidance Rule, is a rule meant to prevent abusive tax avoidance. It functions by denying Canadian taxpayers the benefits of...
Read MoreA Tax on Repurchases of Equity, Including Share Buybacks
The 2023 Federal Budget included draft legislation which would implement a 2% tax on public corporations’ repurchasing of shares from their investors....
Read MoreAlternative Minimum Tax (AMT) for High-Income Individuals
Insights into the upcoming changes Significant changes were announced to the Alternative Minimum Tax (AMT) system in the federal budget for 2023. The...
Read More