Blog

Loans from Family Corporations

  • Justyn 
Advice should be sought if you currently have, or are considering, personal loans to a shareholder of a corporation, or a family member.

Flipping Houses – How it could affect your taxes.

  • Justyn 
If moving out of a property that was occupied for a short period, ensure you maintain documents and proof that you had intended to establish residential roots and live there. Don't get caught with a hefty tax bill; reach out to us today.

Ownership Information – Canadian Corporations Act

  • Justyn 
The legislation sets out a criterion for identifying individuals who have significant control over a corporation and also requires certain corporations to keep a register of these individuals. Are you in compliance?

Taxable Benefits

  • Justyn 
Benefits not previously taxed may need to be reviewed in the upcoming year to determine if they are now taxable. Do you fall victim?

CRA’s Reach for Taxpayer Information

  • Justyn 
CRA uses third parties to get information about other taxpayers to ensure they are complying with their tax responsibilities. Do you comply with your tax responsibility?