Real Estate and tax in Canada
Real estate investments have a number of structures of ownership such as an individual, corporation, partnership or trust, and income tax implications are different. In
July 4, 2022 No Comments
Blog
“Sharing our knowledge and expertise with clients is what we love the most”
Summary
Blog Articles
Read More »
Lifetime Capital Gains Exemption
The lifetime capital gains exemption (LCGE) is one of the misunderstood tax benefits offered by the Income Tax Act. Many small business owner taxpayers fall
June 27, 2022 No Comments
Employment Deduction Expense
CRA has conducted many employment deduction reviews in the last few years. According to a recent CRA seminar, two-thirds of reviews were due to incorrect
June 20, 2022 No Comments
Business audits
In this blog, you will learn about business audits such as Corporate Tax, GST/HST and Payroll. Although unlikely, there is always the possibility of CRA
May 30, 2022 No Comments
Protect yourself from CRA Individual Tax Review
The Canadian Revenue Agency sends letters to taxpayers after notice of assessment was issued. The period for receiving this process review letter is from August
May 9, 2022 No Comments
Rental Income Reporting for Nonresidents
Rental Income Reporting for Nonresident As a nonresident, you may own property in Canada and earn rental income from Canada. If yes, you need to
April 11, 2022 No Comments