MY JOURNAL

The Time Limits and Other Periods Act (COVD-19) (TLOPA) came into effect on the 27th July 2020. Respecting the timelines under the Income...

On 20th July 2020, The U.S Treasury Department and the Internal Revenue Service (“IRS”) released finalized regulations for the global...

There are many different means for employers to provide tax-effective compensation to their employees. Through this tax-efficiency,...

What is a Tax-Free Savings Account? The Canadian Tax-Free Savings Account scheme was set up in 2009 as a way for taxpayers to set aside a...

Canada’s income tax system is progressive, meaning tax rates increase alongside taxpayer’s earnings. Households can minimize their...

The global pandemic has brought certain realities into clear focus. If you are a high-net-worth individual (HNWI) in your 50s and 60s,...

Under Bill C-20, the Canada Emergency Wage Subsidy program (CEWS) is extended until November 21st 2020. This new bill will result in...

Are Shareholder Benefits Taxable in Canada? Shareholder benefits are taxable under subsection 15(1) of the Income Tax Act. But what...

Working from home may have started as a short-term response to the COVID crisis, but for many people, the last few months have changed...

When someone passes away, the estate trustee holds the responsibility of carrying out the terms of their will or codicil. In...