Partnership Tax

Partnership Laws and Rules (Ontario): It is defined by law in the Ontario Partnership Act under section 2, that a partnership is defined as the

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Passing on Family Assets

Passing on items, money, and acquisitions to your family is somewhat difficult and a long process. Some of these assets are so precious that relying

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Gift Taxes

Rules for Gift Tax: In Canada, there’s no law that indicates when giving a gift to someone it should be recognized as tax and mentioned

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The Debt Forgiveness Rules

In response to the economic turmoil of COVID-19, many business have sought debt forgiveness from their creditors in an attempt to stabilize their finances. Debt

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