Most people don’t start a business because they love paperwork. They start because they see an opportunity. Or they are tired of working for someone else. Or they want to ...
Succession Planning: Passing the Torch with Purpose
If you own a family business, succession planning probably feels like a loaded topic. Not because you do not care about the future, but because it feels like once you ...
2025 Year End Tax Considerations: What Individuals and Business Owners Should Review Before December 31
Year-end has a way of sneaking up on everyone. The final weeks of the year are often packed with project deadlines, budgeting for the new year, and holiday chaos. Yet ...
Capital Gains Inclusion Rate Change Postponed: What It Means for You
For months, investors and business owners across Canada were preparing for a major shift in tax rules. Ottawa had planned to increase the capital gains inclusion rate in June 2024. ...
Navigating Tax Hurdles in Family Business Succession: The New Intergenerational Share Transfer Rules
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 ...
New GST/HST Guidelines for Dentists and Orthodontists: What You Need to Know
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 ...
A Tax Break for all Canadians
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 ...
Unlock Your Path to Homeownership: The Power of Tax-Free First Home Savings Accounts!
Are you dreaming of owning your first home but worried about saving up for it? Enter the First Home Savings Account (FHSA), a brilliant solution tailored for first-time homebuyers in ...
