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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
Dark stormy waters with a big whitecap.
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
Publications-All about estates
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
Publications-All about estates
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
Green farm land with varying grass lengths creating an interesting organic pattern.
Advisory Audit and assurance Succession and estate planning Agribusiness
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
Green farm land with varying grass lengths creating an interesting organic pattern.
Business advisory services Audit and accounting Private enterprise Indirect tax Tax advisory
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.
Apr 4, 2019
A bright white iceberg, half submerged in turquoise waters.
Restructuring and recovery services Tax advisory
Disability tax credits and bankruptcy
In general, unpaid and to be paid disability tax credits can form part of a bankrupt's estate in the form of property and income. 
Steven Frye Mar 26, 2019
Publications-All about estates
Business advisory services Audit and accounting Private enterprise
Planning for IRC 951A - No reprieve for the GILTI
This article will provide an overview of the GILTI (Global Intangible Low-Taxed Income) rules and their implications, as well as exploring planning options that should be considered by those subject to the rules.
Todd King Feb 13, 2019
U S Tax Alert 48 AERIAL
Business advisory services Transaction services Valuations Audit and accounting Private enterprise Indirect tax Tax advisory
Farm corporations: you don’t need to “go all in”
Accountants regularly advise of the tax and accounting benefits available to corporations. But there remain some producers who are reluctant to take the next step and incorporate their farm operations. With some recent harvest reports of higher than average yields, it is time once again to look at the pros and cons of incorporating.
Sep 21, 2018
02 AR
Business advisory services Audit and accounting Private enterprise Tax advisory
Managing adjusted aggregate investment income
As outlined in the March Tax Alert, the 2018 Budget includes a measure designed to slow the accumulation of passive investments within active corporations. This measure is based on a calculation that considers both the amount and the type of investment income earned in a corporation. Understanding this calculation will guide an investor in developing a tax-efficient investment strategy going forward.
Scott Dupuis Jun 28, 2018
Tax alert (Use going forward)
Business advisory services Audit and accounting Private enterprise Tax advisory
Expand your structuring options: consider a limited partnership
While partnerships have existed for as long as people have been in business, their use in Canada has been relegated largely to certain industries and tax situations.
Feb 26, 2018
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