Resources & Articles

Domestic Tax


Ontario Interactive Digital Media Tax Credit – What You Need to Know May 31st, 2023

Are you a business owner that is developing interactive digital media products at a permanent establishment in Ontario using employees that reside in the province...
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I Own a Small Business. Should I Incorporate?May 25th, 2023

This is a very common question that we get asked, and the answer depends on a number of factors.  THE ADVANTAGES OF INCORPORATING Limited Liability...
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GST/HST and DentistsMay 17th, 2023

Generally speaking, under Section 5 of Part II of Schedule V of the Excise Tax Act (ETA) services provided by a medical practitioner, as defined,...
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VIDEO LEGACY: What Message Am I Leaving?May 4th, 2023

When conducting our estate plans, we are often focused on the distribution of assets (such as homes, bank accounts, investments, and interest in private corporations),...
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2023 Provincial Budget – OntarioMay 2nd, 2023

On March 21, 2023, Ontario tabled their 2023 Provincial Budgets. To help understand the implications of the budgets across major industries, we have consolidated the key highlights pertinent to middle market companies.
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File Your Tax ReturnApril 14th, 2023

Quite often I will get a call from someone saying that they haven’t filed their tax return for a number of years or they are...
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POKER WINNINGS: Taxable or Not?April 13th, 2023

A November 25, 2022, French Tax Court of Canada case considered whether a taxpayer’s poker activity constituted a source of business income and therefore the...
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Federal Budget Commentary 2023March 29th, 2023

(authored by RSM CANADA) On March 28, 2023, Deputy Prime Minister and Minister of Finance Chrystia Freeland released Canada’s 2023 Budget (Budget 2023).
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2023 Canada Federal Budget: Industry highlightsMarch 29th, 2023

(authored by RSM CANADA) Key industry insights and highlights on Canada’s 2023 Budget (Budget 2023) which was released on March 28, 2023.
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2023 Ontario Budget CommentaryMarch 24th, 2023

(authored by RSM CANADA) Budget 2023 revealed the framework for Ontario’s “Plan to Build”: a targeted approach to help people and businesses by offering tax relief to manufacturers and small businesses.
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