-
-
The talent acquisition time bomb
At Baker Tilly, we believe there are people solutions that can help your business thrive. Canadians are facing the daunting realities outlined below, but we know that knowledge is power. By taking proactive measures, we can provide valuable support to our clients in their pursuit of excellence. Here are some of the major issues we are facing, along with recommendations that will assist in your continued success.
-
Donations and your estate
Now that the calendar has flipped to May, accountants in public practice have an opportunity to reflect on the past busy season.
The Latest at Baker Tilly Dartmouth
-
An official pardon for the GILTI
As an update to our article Planning for IRC 951A: No Reprieve for the GILTI, the IRS has recently released regulations that provide a significant benefit to many US individual taxpayers grappling with the new GILTI regime.
The impact of the new carbon pricing model
In the fall of 2018, the federal government implemented their strategy for reducing carbon emissions by 50 to 60 million tonnes by 2022. In doing so, they enacted upon a charge of $20 per tonne in 2019, with an annual increase of $10 per tonne until it reaches $50 per tonne by 2022. This carbon pricing model will have an effect on both individuals and corporations in Saskatchewan.
Infographic: U.S. taxes for American citizens living abroad
In December 2017, U.S. lawmakers passed the Tax Cuts and Jobs Act, the most comprehensive U.S. tax reform in more than 30 years. This infographic offers a basic guide to recent changes that may be applicable to U.S. citizens living abroad.
-
Infographic: Budget 2019 highlights
Some of our experts’ top takeaways from this election-year budget include:
Commentary
The Honourable Bill Morneau, Minister of Finance, today tabled his fourth federal budget titled “Investing in the Middle Class”. With this budget, the government addressed four key areas:
- Investing in the Middle Class
- Building a Better Canada
- Advancing Reconciliation
- Delivering Real Change
Missed opportunities to invest in Canadian business
Heading into the 2019 federal budget, many Canadian businesses were hoping the Liberal government would backpedal on several years of restrictive tax measures. It started when they took office and promised to review the Income Tax Act, eliminating unnecessary tax deductions and credits – but it didn’t stop there.
Data Analytics Blog
Data Is My Parachute Two of my passions in life are data and skydiving. One is work related and the other is my hobby but both share common characteristics. Both require a tool for me to be successful. In skydiving it is my parachute and at work it is data.... -
Are sales and renovations of used residential houses GST/HST exempt?
The common belief that the sale of a used residential house is always exempt from the Goods and Services Tax / Harmonized Sales Tax (GST/HST) is not absolutely correct.
Infographic: 4 paths to savings for home buyers
A surprisingly high percentage of home owners, home buyers and real estate professionals (including agents, accountants, bankers and lawyers) are unaware of the tax credits and incentives available on the purchase and renovation of homes in Canada. With that in mind, here are four of the most widely available opportunities.
3 items you almost missed in Budget 2019
Baker Tilly Canada’s National Director of Tax Services John Oakey considers three items in the federal budget that almost flew under the radar: cryptocurrency non-compliance, beneficial ownership transparency and the future of surplus stripping.
Time is running out to get caught up with the IRS
The IRS warned recently that the Streamlined Filing Compliance Procedures may end. The message is clear: don’t wait any longer.
