Resources & Articles

Year: 2022

“Special Purchasers” and Their Impact on Fair Market ValueJune 24th, 2022

There are many instances when a formal business valuation is required regarding the fair market value of a business without exposing it for sale to...
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Special Needs PlanningJune 21st, 2022

Recall your last vacation? How much time did you spend planning where you were going, how were you going to get there, and what activities...
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Income Splitting – Prescribed Rate LoansJune 17th, 2022

A common question that gets asked is, “Are there any ways of splitting income with my spouse?” This is especially popular when two spouses have...
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AUDITING OLD TAX RETURNS: CRA Abilities and LimitationsJune 16th, 2022

CRA may reassess the tax returns for CCPCs and individuals within three years from the sending of the notice of assessment. Returns for which this...
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Understanding “Enterprise Value”
and “Equity Value”
June 15th, 2022

When business owners discuss valuations, they sometimes use the term “price.” However, there is an important distinction in business valuations between “value” and “price.” In...
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CERB/CRB: Eligibility VerificationJune 10th, 2022

Article originally published in: Tax Tips & Traps 2022 Second Quarter – Issue 138.
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Payroll Considerations for Foreign Employees Working in CanadaJune 7th, 2022

Foreign employers should understand that sending even one employee to work in Canada will trigger a payroll obligation. Compliance starts from the first day of...
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BUYING & SELLING A HOME: Budget 2022 ProposalsMay 31st, 2022

The 2022 Federal Budget included several proposals that would significantly change the taxation environment when buying and selling a home. Broadly, the government proposed various...
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Estate Planning – Don’t Forget About the Tax Clearance Certificate!May 17th, 2022

If you are an executor of an estate, one of the last questions that you will need to consider is applying for a Tax Clearance...
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Bill 88: Working for Workers ActMay 16th, 2022

Balancing privacy and surveillance: What you need to know about Electronic Monitoring Policy requirements The Ontario government has recently passed new legislation, Bill 88: Working for Workers...
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