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 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 ...

The Canada Revenue Agency (CRA) recently issued GST/HST Notice 339, which includes significant updates for dentists and orthodontists in Canada. This change revolves around the revocation of a longstanding administrative ...

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.   ...

This year’s Federal budget marked the first increase to the Capital Gains inclusion rate since 2000, an announcement that many criticized as having significant consequences on both high income and ...

Ontario’s latest Fall Economic Statement showed signs of significant financial growth, mainly due to falling interest rates and higher tax revenues.   While residents are still feeling the effects of a ...

Earlier this year, the Canada Revenue Agency (CRA) announced significant changes to trust reporting rules that introduced new filing obligations for many express trusts, including bare trusts. These new requirements ...

This year has seen significant shifts in tax regulations, making it a particularly volatile period for businesses. Three major tax changes have surfaced in recent years:  The Canada Revenue Agency ...