December 19, 2025
When navigating family law and tax obligations, understanding the treatment of support payments is critical. Generally, spousal support payments are taxable to the recipient and deductible […]
December 12, 2025
On August 25, 2025, the Tax Court of Canada delivered a significant decision on the deductibility of moving expenses under the Income Tax Act. The case […]
November 17, 2025
On May 1, 2025, the French Federal Court of Appeal (FCA) addressed an important question: Does transferring real property from a corporation to its shareholder create […]
October 15, 2025
In a move to support first-time home buyers, the government has proposed a new GST rebate program aimed at making homeownership more attainable. Under this initiative, […]
October 6, 2025
Following the 2025 federal election, Canada’s Liberal Party has formed a minority government, ushering in a new wave of tax-related proposals that could significantly impact individuals […]
October 1, 2025
Corporate directors carry significant legal responsibilities, especially when it comes to tax compliance. Under Canadian law, directors can be held personally liable for a corporation’s failure […]
September 24, 2025
On December 20, 2024, the Federal Court reviewed a taxpayer’s application for judicial review of the Canada Revenue Agency (CRA) decision denying relief from penalties and interest. The issue […]
September 16, 2025
On December 20, 2024, the Tax Court of Canada ruled on a case involving a married couple who claimed losses from two ventures: a dog breeding […]
September 3, 2025
In the wake of newly imposed tariffs affecting Canadian businesses and individuals, the federal government has announced a comprehensive set of measures aimed at easing financial […]
August 26, 2025
In a June 18, 2024 Technical Interpretation, the Canada Revenue Agency (CRA) clarified a difficult truth for scam victims: losses from personal scams are not tax deductible. […]
August 5, 2025
Starting July 2025, the Canada Disability Benefit will provide a monthly payment to working-age Canadians with disabilities who have low income. Eligibility Criteria To qualify, applicants must: Benefit Amount Maximum: $2,400/year ($200/month) from July 2025 […]
March 14, 2025
A September 6, 2024 Tax Court of Canada case reviewed whether a taxpayer’s employment by a corporation owned by her brother was insurable. The taxpayer performed […]
March 7, 2025
There are several reasons an individual might convert part of their home into a rental property. However, this action can have significant income tax implications, including […]
June 20, 2018
Costco, Superstore and Wal-Mart have got us used to the efficiency and convenience of one stop shopping. However, should this same concept be applied to your […]
April 16, 2018
Although these two terms are used interchangeably, when you’re discussing tax credits and tax deductions you’re not comparing apples to apples. They are very different and […]
May 16, 2017
How do you know if you are eligible for the disability tax credit (DTC)? CRA’s website has a tool available where you can review some questions […]
November 16, 2016
The Tax Free Savings Account (TFSA) is a savings account that allows any individual over the age of 18 and who has a valid Canadian SIN […]
April 11, 2016
Commencing in 2015, the Canada Revenue Agency has implemented changes to reporting foreign property on Form T1135. The changes include a simplified method for reporting foreign […]
April 6, 2016
On February 15, 2016, Finance Minister Charles Sousa delivered the 2016 Ontario Budget. Please find below some highlights from that release that we thought would be […]
June 14, 2013
For individuals considering adoption or currently involved in the adoption process CRA offers an Adoption Tax Credit. Adoption period: begins at the earlier of : the […]