Over the year, a number of new taxes impacting owners of real property in Canada have come into effect. The Underused Housing Tax, Vacant Home Tax, and Vacant Unit Tax are three examples of these new “vacancy” taxes ...
Let’s face it – as a business owner, your time is a precious commodity. You’ve got a business to run and grow, and your time is not best served brushing up on the latest business accounting rules and regulations. B ...
Year-end financial statements provide a ‘snapshot’ of your business’ finances. However, the level of detail required, and the associated level of reporting, varies considerably based upon the type of engagement. To ...
A change in use occurs if you convert all or part of your principal residence into a property used to earn income, or vice versa. For example, a taxpayer rents out a room in their home for rental income, or a landlord wa ...
Author: Patricia Harris
In our experience, privately held real estate and construction businesses typically own, manage and operate the business through an extended family. Fathers, sons, daughters, siblings, cousins, u ...
Authors: Bruce Roher and Meghan Haley
On October 17, 2018, Canada became the first G7 country to legalize marijuana for recreational use. According to U.S. research firms, Arcview Market Research and BDS Analytics, glob ...
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