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As you generate investment income through a Canadian corporation, it is imperative to understand how to manage it tax-efficiently to
Section 87 allows Canadian corporations to merge on a tax-deferred basis, reducing costs, simplifying administration, and achieving tax planning goals.
Whether to buy or lease a car for your Canadian corporation depends on various factors and personal preferences, such as
Effective June 20, 2024, the Government of Canada has designated Psychotherapy and Counseling Therapy Services HST/GST exempt. While this makes
One of the most common questions among corporation owners is whether to purchase vehicles under the company’s name or personally.
A family trust is a powerful tool for tax and estate planning. By setting up a trust, you can reduce
As a purchaser of new residential rental property in Ontario, you may be eligible to claim a rebate on a
The Underused Housing Tax (UHT) is a new Canadian tax on the ownership of vacant or underused housing. While the
A taxpayer is responsible for their tax return’s accuracy. Unfortunately, anyone can be a “tax preparer” in Canada, so choose
