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Commentary
The Honourable Bill Morneau, Minister of Finance, today tabled his third budget – “Equality + Growth: A Strong Middle Class” – which supports the Government’s people centered approach.  The highly anticipated budget released draft legislation related to passive income – the topic that has been on the minds of business owners, investors, and advisors since the July 18, 2017 Finance release which first introduced the subject.  The budget does not propose changes to tax rates at the business or personal level. The budget focused on five key spending areas – growth, progress, reconciliation, advancement and equality.
Feb 27, 2018
Federal Budget 2018-Commentary
Corporate finance Audit and accounting Private enterprise International Tax advisory
Budget 2018 Infographic
From changes to passive investment income (that weren’t quite what was expected) to an absence of response to U.S. tax reform, here are some highlights from Budget 2018.  
Feb 27, 2018
Federal budget 2018-a passive income surprise
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. The rules governing partnerships legally and under the Income Tax Act (the Act) generally are not as well defined or understood as those for corporations. However, given the increasing complexity of the corporate tax regime – especially for private corporations – partnerships can be flexible, practical alternatives to structuring many businesses. This is particularly true of limited partnerships.
Feb 26, 2018
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Audit and accounting Tax advisory
The CRA takes the currency out of cryptocurrency
In recent years, digital currencies called “cryptocurrencies” have exploded in mainstream popularity. Cryptocurrencies, such as Bitcoin, Ethereum and Litecoin were once accepted by only a few online vendors, but now may be used as payment at some restaurants, retail stores and even real estate brokers.
Jan 18, 2018
02 BUIDINGS
Business advisory services Audit and accounting Private enterprise Tax advisory
Infographic: The new rules of the road
On Dec. 13, 2017, Finance Canada released Amendments to the Income Tax Act and Regulations and Explanatory Notes, simplifying measures to restrict income sprinkling. This infographic will focus on the changes to the July 18 proposals, exclusions, reasonableness test and a brief update on the status of the proposed measures related to passive investments. 
Jan 5, 2018
Publications-Infographic: The new rules of the road
Audit and accounting International Tax advisory
Personal U.S. tax changes
<em>*Updated January 9 2017</em> On November 2, 2017, the Ways and Means Committee of the U.S. House of Representatives released a tax reform bill entitled The Tax Cuts and Jobs Act. Since then, the House and Senate Tax Cuts and Jobs Act Conference Committee released its final version of the legislation that is expected to become law in the coming days. It is the most comprehensive U.S. tax reform in more than 30 years.
Dec 21, 2017
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Audit and accounting International Tax advisory
How government pensions work for cross-border employees
If you have worked in both Canada and the United States or are contemplating a move to the U.S. after years of working in Canada (or vice versa), you may wonder about paying into both the Canada Pension Plan (CPP) system and the U.S. Social Security system. Will you be able to collect pensions from both countries? 
Shelley Smith Dec 19, 2017
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Corporate finance Audit and accounting Private enterprise Indirect tax Tax advisory Succession and estate planning
Just a spoonful of TOSI may help the medicine go down
The Department of Finance released its long-awaited proposed amendments to the tax on split income (TOSI) rules on December 13. The release completes a tumultuous year for small business owners, tax professionals, Department of Finance officials, Members of Parliament and the Minister of Finance. The initial July 18 proposals and the short consultation period precipitated a groundswell of consternation and frustration. 
Dec 19, 2017
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Audit and accounting Data solution services Tax advisory
The tech-savvy era of cloud accounting – Risks and benefits
In today’s increasingly digital world, having tools and programs that are as advanced as those of the competition plays a critical role in the success of any business. Cloud computing allows businesses to access their data anytime and anywhere via an internet connection, while reducing the headache of managing accounting records and transactions.
Dec 15, 2017
On The Mark-The tech-savvy era of cloud accounting – Risks and benefits
Corporate finance Audit and accounting Private enterprise Indirect tax Tax advisory
Amendments to the Income Tax Act and status of proposed measures
On December 13, 2017, Amendments to the Income Tax Act and Regulations and Explanatory Notes to simplify measures to restrict income sprinkling were released by Finance Canada. Today’s Tax Flash will focus on the changes to the July 18 proposals, exclusions, reasonableness test and a brief update on the status of the proposed measures related to passive investments.
Dec 14, 2017
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Transaction services Valuations Audit and accounting Tax advisory
Infographic: Tax changes for farm quota
Effective January 1, 2017, the income tax treatment of farm quota and other eligible capital property (ECP) underwent a complete overhaul.
Dec 11, 2017
Publications-Infographic: Tax changes for farm quota
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