Big Enough to Know. Small Enough to Care.
The CRA recently considered that taxable dividends paid to an individual, who has never been involved in or contributed to a business, might meet the reasonable return TOSI exclusion. Find out if you would meet this exclusion. Read tax alert for more information.
Directors can be personally liable for payroll source deductions (CPP, EI, and income tax withholdings) and GST/HST unless they exercise due diligence to prevent the...
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A June 2, 2022, Technical Interpretation discussed the taxability of funds received through crowdfunding campaigns. CRA first noted that amounts received through a crowdfunding arrangement...
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(authored by RSM CANADA) On Nov. 14, 2022, Ontario's Minister of Finance, Peter Bethlenfalvy, released the 2022 Ontario Economic Outlook and Fiscal Review which serves as an update to Ontario's 2022 Budget.
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Where tips are “paid” by an employer, they are pensionable and insurable. In such cases, the employer must also withhold income tax and report the...
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Individuals may be asked to take on various roles in respect of loved ones, friends, clients, or others. One role that is particularly riddled with...
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(authored by RSM CANADA) On Nov. 3, 2022, Canada’s Minister of Finance released the Fall Economic Statement, which provides an overview of Canada’s finances and sets out new tax measures.
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With a history of service in the Niagara, Hamilton, Halton region since 1940, DJB has been helping clients gain the edge they need to remain competitive in the ever-evolving world of business. Today, with multiple offices covering Burlington to Fort Erie, we advise entrepreneurs, business owners, and organizations in many areas including agribusiness, construction, general contracting, manufacturing.
