Canada’s capital gains deduction is a powerful tax break available to Canadian-resident individuals who sell shares in a Qualified Small Business Corporation (QSBC). It allows up to $1.25 million in ...

Running a family business isn’t just about today—it’s about building something that lasts for generations. That’s where estate planning comes in. It’s not just about legal documents and tax strategies; ...

Canadians who want to sell their vacation properties in the U.S. are surprised to discover that the IRS requires 15% withholding on the gross proceeds they will receive on the ...

Ontario’s estate laws have significantly changed in the last few years, making it much more important to review your will after serious life events like a re-marriage or separation.   While ...

For Canadian snowbirds who spend extended periods in the U.S., it’s important to be aware that your time south of the border could trigger U.S. tax filing requirements. Even if ...

For many Canadians, charitable giving isn’t just about taxes—it’s about making a difference. But recent changes to the Alternative Minimum Tax (AMT) might make generosity a little more complicated, especially ...

Hockey is about skill, strategy, and teamwork—but in today’s NHL, tax policies might play a surprising role in shaping team success. Teams based in U.S. states with no state income ...

In an effort to reduce Canadians’ tax burden during the holiday season, the Federal government announced on Thursday that the majority of expenses will be temporarily free from GST/HST from ...

If you’re borrowing funds to support business growth and or investment growth, you may be eligible to deduct interest on your business or property income under the Income Tax Act.   ...