Partnership Tax
Partnership Laws and Rules (Ontario): It is defined by law in the Ontario Partnership Act under section 2, that a partnership is defined as the
November 17, 2020
Partnership Laws and Rules (Ontario): It is defined by law in the Ontario Partnership Act under section 2, that a partnership is defined as the
Passing on items, money, and acquisitions to your family is somewhat difficult and a long process. Some of these assets are so precious that relying
Rules for Gift Tax: In Canada, there’s no law that indicates when giving a gift to someone it should be recognized as tax and mentioned
An amalgamation is when two or more separate corporations combine and carry forward as one single corporation, and it can have several different purposes beyond
Are you sure about your tax liability? Many taxpayers fall into the tempting trap of simply googling the tax percentage for the tax bracket they
The Canada Emergency Response Benefit (CERB) will continue to operate for four more weeks, as announced on the 20th August 2020. CERB offers financial support
Corporate dividends accounts (CDA) can be valuable tools in generating liquidity through tax-free savings, which can be done by using capital losses advantageously. This article
Capital dividends planning is an important tool for tax-savings and protecting shareholder relationships, but the process is more complex that its initial appearances. This article
Given the current recession, many people may have fallen on hard tax times. Experienced accountants have many tips and tricks up their sleeves to maximize
In response to the economic turmoil of COVID-19, many business have sought debt forgiveness from their creditors in an attempt to stabilize their finances. Debt
Before COVID-19, many people were living increasingly global lives. Modern corporations are becoming ever-more international, and traditional nine till five jobs have been going out
The Canada Revenue Agency (CRA) has the power to enforce a super-priority position for deemed trust liabilities, which is an issue for creditors that is