About us
About us
Leadership
Our people
Contact us
News
Baker Tilly International
Services
Services
Advisory
Advisory
Business advisory services
Corporate finance
Dispute, mediation and conflict resolution
Human resources advisory
Efficiency and process improvement
Restructuring and recovery services
Transaction services
Valuations
Wealth
Audit and assurance
Audit and assurance
Audit and accounting
Private enterprise
Public markets
Digital services
Digital services
Cybersecurity solutions
Data solution services
Digital technology and risk
Tax
Tax
International
Cross-border personal
Grants and incentives
Indirect tax
Tax advisory
Scientific research and experimental development
Succession and estate planning
Transfer pricing
U.S. corporate tax
Baker Tilly Advantage
Industries
Industries
Consumer
Consumer
Automotive
Hospitality and tourism
Energy, resources and industrials
Energy, resources and industrials
Construction
Farming and agriculture
Manufacturing
Mining
Oil and gas
Financial services
Financial services
Credit unions
Insurance
Investment funds
Real estate
Government and public services
Government and public services
Indigenous communities
Not-for-profit
Private sector consulting
Public sector consulting
Professional services
Professional services
Dentistry
Medical professionals
Technology, media and telecoms
Insights
Events
Careers
Careers
Life at Baker Tilly
Students and graduates
Opportunities
Locations
en
en (active)
fr
Close
Loading...
Close
About us
About us
Leadership
Our people
Contact us
News
Baker Tilly International
Services
Services
Advisory
Advisory
Business advisory services
Corporate finance
Dispute, mediation and conflict resolution
Human resources advisory
Efficiency and process improvement
Restructuring and recovery services
Transaction services
Valuations
Wealth
Audit and assurance
Audit and assurance
Audit and accounting
Private enterprise
Public markets
Digital services
Digital services
Cybersecurity solutions
Data solution services
Digital technology and risk
Tax
Tax
International
Cross-border personal
Grants and incentives
Indirect tax
Tax advisory
Scientific research and experimental development
Succession and estate planning
Transfer pricing
U.S. corporate tax
Baker Tilly Advantage
Industries
Industries
Consumer
Consumer
Automotive
Hospitality and tourism
Energy, resources and industrials
Energy, resources and industrials
Construction
Farming and agriculture
Manufacturing
Mining
Oil and gas
Financial services
Financial services
Credit unions
Insurance
Investment funds
Real estate
Government and public services
Government and public services
Indigenous communities
Not-for-profit
Private sector consulting
Public sector consulting
Professional services
Professional services
Dentistry
Medical professionals
Technology, media and telecoms
Insights
Events
Careers
Careers
Life at Baker Tilly
Students and graduates
Opportunities
Locations
Insights
Service
Advisory
Audit and accounting
Audit and assurance
Business advisory services
Corporate finance
Cross-border personal
Cybersecurity solutions
Data solution services
Digital services
Digital technology and risk
Dispute, mediation and conflict resolution
Grants and incentives
Indirect tax
International
Private enterprise
Public markets
Restructuring and recovery services
Scientific research and experimental development
Succession and estate planning
Tax
Tax advisory
Transaction services
Transfer pricing
U.S. corporate tax
Valuations
Industry
Automotive
Construction
Energy, resources and industrials
Farming and agriculture
Government and public services
Manufacturing
Medical professionals
Private sector consulting
Real estate
City
Baker Tilly Canada Capital Corporation
Banff
Calgary
Canmore
Chatham-Kent
Cobourg
Courtice
Dartmouth
Elora
Gatineau
Guelph
Innisfail
Iqaluit
Lindsay
Montréal
National office
Niagara
Ottawa
Peterborough
Red Deer
Rocky Mountain House
Saskatoon
Toronto
Vancouver
Winchester
Windsor
Yorkton
Category
Alert
Blog
Budget highlights
Podcast
Videos
Reset
Tax
×
Tax advisory
Succession and estate planning
Transferring wealth during your lifetime
I was reading recently that approximately $30-trillion in assets will be shifting from one generation to the next across North America in the next few decades, according to consulting firm Accenture.Â
Steven Frye
Nov 5, 2019
Business advisory services
Audit and accounting
Private enterprise
International
Tax advisory
Whitepaper: Expanding your business into Canada
Your business has decided to enter the Canadian market. Congratulations, this is an important step forward! However, launching in Canada is not without its risks and complications.
Nov 5, 2019
Business advisory services
Audit and accounting
Private enterprise
Tax advisory
The opportunities and pitfalls of farmland ownership
As advisors, we are often asked whether farmland should be held in a corporation or personally. The question arises often in the context of incorporating farming operations. Previous Farm Alerts discussed the merits of incorporating as a way of reducing taxes due to low corporate tax rates and deferral of personal income. It is important to consider the tax impact of current and future transactions involving the farmland to become comfortable in that decision.
John Bujold
Oct 31, 2019
Get our newsletter
Stay informed on what matters most to your success.
Subscribe
Business advisory services
Audit and accounting
Private enterprise
Tax advisory
Charitable donations made by your corporation
As most taxpayers know, there are significant tax savings with respect to qualifying charitable donations available for amounts paid to a qualified donee. Qualified donees are organizations that can issue donation receipts, and a list of these organizations is maintained by the Canada Revenue Agency
Oct 22, 2019
Audit and accounting
International
Tax advisory
Smoothing the path to relinquishing your U.S. citizenship
On Sept. 6, the Internal Revenue Service (IRS) announced a new tax compliance program entitled “Relief Procedures for Certain Former (U.S.) Citizens” (Relief Procedures).
Mike Hayward
Sep 11, 2019
Business advisory services
Audit and accounting
Private enterprise
Tax advisory
Penalties and the Tax-Free Savings Account
Are you the recipient of a Tax-Free Savings Account (TFSA) from a deceased spouse or common-law partner? You should be aware that there may be forms to complete and timelines to be aware of. The Canada Revenue Agency (CRA) has been assessing penalties on over-contributions and exempt contributions made by survivors of deceased TFSA holders.
Jul 31, 2019
Valuations
Tax advisory
Shareholders agreements, exit provisions and the impact of control
Control is an important concept for applying certain income tax rules and valuation issues (amongst others) when dealing with corporations...
Steven Frye
Jul 23, 2019
Business advisory services
Tax advisory
The life of pipeline transactions: The beat goes on
The use of a pipeline is often justified as avoiding "double-tax" in the sense that there has been tax imposed as a capital gain on the death of a shareholder followed by further tax in the form of a dividend realized when the assets are distributed.
Steven Frye
Jul 10, 2019
Business advisory services
Dispute, mediation and conflict resolution
Audit and accounting
Private enterprise
Tax advisory
Succession and estate planning
Farm succession: sharing the land in partnership
A growing number of farm clients come to my office to discuss succession planning. In many cases, there is a single farming child that has stayed behind to help run the operation, and this child will be the successor. Often, there are other children in the family who have left the farm and have blazed their own paths in life.
Jun 26, 2019
Advisory
Audit and assurance
Succession and estate planning
Farming and agriculture
Successful farm succession planning
For family farm operations to prosper into the future, it is important to have successful transfers from one generation to the next. Many tax and non-tax issues must be considered to implement a successful farm succession plan.
Thomas Blonde
May 31, 2019
Audit and accounting
Tax advisory
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.
May 27, 2019
Previous
10
11
12
13
14
15
16
17
18
Next
Wherever you need us.
Connect now