In the 2023 Federal Budget, the Canadian government proposed changes to the country’s alternative minimum tax (AMT) regime. Many people

Starting January 1, 2022, the Underused Housing Tax Act (UHT Act) became effective, mandating certain non-Canadian property owners (and in

Charities have seen a significant increase in the demand for their services due to the COVID-19 pandemic, while also reporting

What is a Net Worth Assessment? An audit generally consists of a review of a taxpayer’s accounting records and information

The Registered Retirement Savings Plan (RRSP) is a savings vehicle formed by the Canadian government which was introduced to the

As the popular saying goes, nothing in this life is certain expect for death and taxes. The traits of honesty,

The CRA regularly sends out letters advising taxpayers that they are being audited. Some taxpayers are more likely to be

Bill 245, the Accelerating Access to Justice Act, 2021, received Royal Assent in April 2021. Bill 245 contains many amendments

Missed Finance Minister Chrystia Freeland’s reading of the budget today, and don’t want to read all 738 pages of it?

What is cryptocurrency? Cryptocurrency is a digital asset, that is intended to be used as a medium of exchange for

A taxpayer may be subject to penalties when they fail to comply with their obligations under legislation which the Canada

Small business is big business in Canada. As of December 2019, a whopping 97.9% of Canada’s 1.23 million employer businesses

The Tax-Free Savings Account (TFSA) is intended to be a savings vehicle for Canadians to earn investment income. You can

Your TFSA is a great way to accumulate tax-free income, but what happens when the account holder dies? A TFSA

A common question we receive from clients is how to deal with vacation properties when they have more than one

Life insurance is important if you have children or a spouse that depend on you financially, and especially if you

The year 2020 has been a strange one for everyone. In these unprecedented times, many of us have shifted to