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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
Dark stormy waters with a big whitecap.
Dispute, mediation and conflict resolution
Trustee's personal liability - It could go on for years!
Take the case of Estate of Ronald Alfred Craymer v. Hayward et al, 2019 ONSC 4600. The Craymers were married in the 1980’s. It was a second marriage for Mrs. Craymer and a fourth marriage for Mr. Craymer. 
Steven Frye Oct 22, 2019
Publications-All about estates
Four TOSI exceptions available to farmers
Before new legislation was introduced in 2017 (effective January 2018), tax on split income (TOSI) only applied to minors. Previously, if private corporation dividend income was allocated to someone under the age of 18, that income would be taxed at the highest marginal tax rate. (This is currently 33 per cent federally, with combined federal and provincial/territorial rates ranging from 47.5 per cent to 54 per cent on regular income). 
Oct 2, 2019
Farm Series ( use going forward)
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Tax advisory
Inclusion of life insurance loan in income
In Neszt v. The Queen 2019 DTC 1105, the taxpayer held two life insurance policies with a life insurance company. He subsequently took personal loans against his life insurance policies.
Steven Frye Sep 24, 2019
Publications-All about estates
Infographic: A window of opportunity
Our latest infographic – geared towards the agricultural sector – takes a look at recent updates to the CCA rules and how farmers can take advantage and recoup money faster.
Sep 13, 2019
Publications-Infographic: A window of opportunity
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
Turquoise waters washing up on a yellow sand beach with two people walking the coastline.
Five tips for navigating tax deferrals as a farm business
Special tax rules apply to farmers and fishermen, including the ability to report taxable income on a cash basis, rather than an accrual basis. Using the cash basis approach, there are three ways farmers can defer taxes by reducing their taxable income in the current year.
Sep 4, 2019
Farm Series ( use going forward)
Transaction services Private enterprise Cybersecurity solutions
Fear and loathing in lost funds
 As the blockchain space continues to evolve towards mainstream adoption, the complexity of issues associated with blockchain-based technologies continues to grow. Given the vast number of uses for blockchain technology and the likelihood that it will continue integrating into the world around us, it is important to understand the nature of decentralized technology and its basis of operations.
Aug 22, 2019
On the mark
Five key considerations for Canadians selling to Americans online
Due to the rise of online sales through the likes of Amazon and eBay, a number of Canadians are looking into selling goods online to consumers who live in the United States. Setting up an online business is a great way to supplement your primary income stream, but even if your business is a relatively small undertaking, there are several issues to consider. With that in mind, here are five key considerations for Canadians selling to Americans online.
Aug 20, 2019
142 AERIAL
Business advisory services Audit and accounting Private enterprise Tax advisory
Canadian taxation of employee stock options: the winds of change
As promised in the 2019 Federal Budget, draft legislation restricting the preferential treatment afforded to employee stock option plans was released on June 17, 2019. Currently, the preferential treatment, which is provided to all corporations, is a 50 per cent reduction in the taxable benefit to the stock option holder, provided specific criteria are met. 
Aug 14, 2019
Dark stormy waters with a big whitecap.
Purifying your farm corporation
Purified farm corporations have access to some major tax advantages, including the lifetime capital gains exemption and the ability to transfer assets to the next generation at cost. In order to qualify for these opportunities, 90 per cent of your farm corporation’s assets need to be active farming assets. If non-farming assets exceed 10 per cent, you will no longer qualify unless you remove some of these assets. This article will take a closer look at the tax opportunities available to purified farming corporations and the steps you can take to ensure you have access to them.
Aug 7, 2019
Farm Series ( use going forward)
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