April 11, 2024
by
Diana Cameron
A recently obtained Canada Revenue Agency (CRA) internal communiqué – dated May 17, 2023 – states “effective the date of this communiqué, CRA appraisers will report Fair Market Value (FMV) as inclusive of GST/HST.” This is good news for builders, reducing appeals and objections resulting from disputes with the CRA on FMV as it relates to self‑supply of residential complexes.
April 5, 2024
by
Sean Grant-Young
On April 2, the Manitoba government released its 2024 budget. The following are highlights of the key tax measures.
March 28, 2024
by
Sean Grant-Young
On March 21, the Newfoundland and Labrador government released its 2024 budget. The following are highlights of the key tax measures.
March 27, 2024
by
Sean Grant-Young
On March 26, the Ontario government released its 2024 budget.
March 20, 2024
by
Sean Grant-Young
On March 19, the New Brunswick government released its 2024 budget. The following are highlights of the key tax measures.
March 14, 2024
by
Sean Grant-Young
On March 12, the Québec government released its 2024 budget. The following are highlights of the key tax measures.
March 5, 2024
by
Sean Grant-Young
On Feb. 29, the Prince Edward Island government released its 2024 budget. The following are highlights of the key tax measures.
March 4, 2024
by
Sean Grant-Young
On Feb. 29, the Alberta government released its 2024 budget. The following are highlights of the key tax measures.
March 4, 2024
by
Sean Grant-Young
On Feb. 29, the Nova Scotia government released its 2024 budget. The following are highlights of the key tax measures.
February 29, 2024
by
Sean Grant-Young
On Feb. 27, 2024, the Nunavut government released its 2024-25 budget. The following are highlights of the key tax measures.
February 27, 2024
by
Sean Grant-Young
On Feb. 22, 2024, the British Columbia government released its 2024 budget. The following are highlights of the key tax measures.
January 17, 2024
by
Sean Grant-Young
New trust reporting rules, effective Jan. 1, 2024, introduce several significant changes aimed at increasing transparency and compliance in the management of trusts. These rules apply to trust taxation years ending on or after Dec. 31, 2023.
January 15, 2024
Navigating the various Canadian and U.S. tax deadlines throughout the year can be tricky. Our 2024 tax deadline calendar provides a monthly snapshot of important dates that could apply to you or your organization. It can help you stay on top of your obligations, discover overlooked deadlines and avoid unwanted surprises.
November 9, 2023
by
Mike White
Since law firms became professionally managed businesses, the profit-generating flywheel of firms has kicked into higher gear. While correlation does not equal causation, law firm financial performance is exceeding all 12‑15‑year‑old expectations of market watchers. With so much financial success in the rearview mirror, how do ambitious firms capture new...
November 9, 2023
by
Leon Sacks
Perhaps second only to brand and reputation, partners represent a law firm’s most valuable asset.
November 9, 2023
by
Jordan Furlong
The role of the law firm associate has never looked more tenuous than it does now. It’s threatened from one direction by law firms’ fixation on hiring lateral partners, and from the other by the implications of Generative AI’s rapid advance into law firm workflow.
November 9, 2023
by
Keith Ecker
This is the year of ChatGPT. The large language model‑based chatbot now boasts more than 100 million users, and that number likely will continue to increase. Already the technology has become a major disruptor in various areas of life, from education, where schools are debating how to draft policies dictating students’ use of the technology, to Hollywood, where writers continue to strike in part due to the looming threat that AI poses to their jobs.
October 26, 2023
by
Thomas Blonde
One of the most common questions we get from our farm clients is how their business should be structured.
September 26, 2023
by
Brianne Cabanayan
On Sept. 14, 2023, the federal government announced extended deadlines for Canada Emergency Business Account (CEBA) loan repayments. There are three options for loan recipients, depending on ability to repay.
September 25, 2023
by
Bryan Whalen,
Madeline Kiesekamp
As interest rates rise in Canada, taxpayers may face higher charges on their notice of assessments. Failing to make required instalment payments throughout the year could catch some people off‑guard, especially in light of higher interest rates. Here, we outline the calculations behind instalment interest and penalties, along with the costly consequences of not meeting payment requirements.
