Articles
Specified Investment Business
December 28, 2024
Operating a business through a corporation offers significant opportunities for tax deferral and eff...
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Support Payments: Tax Guidance for Deducting Legal Fees
December 28, 2024
While family law predominantly focuses on the division of assets and financial obligations between s...
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Independent Contractor vs Employee: Understanding the CRA's Recharacterization
December 28, 2024
In Canada, the distinction between an independent contractor and an employee holds significant tax i...
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Graduated Rate Estates: Maximizing Tax Efficiency for Testamentary Trusts and Estates
December 28, 2024
A testamentary trust is created upon an individual's death to manage the distribution of assets to b...
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Employer Reimbursements for Home Office Equipment
December 28, 2024
Employers can reimburse employees up to $500 for home office equipment, including items such as desk...
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Employee Legal Expenses Deduction – Current Tax Guidance
December 28, 2024
Canadian employees are generally limited in the types of expenses they can deduct to reduce their ta...
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