May 08, 2019
Our B.E.S.T. (Business Entrepreneurs Services Team) Group has participated in this event for first time. Toronto Entrepreneurs Conference and Trade Show is the largest Entrepreneurs event in Canada. The event which targets business owners, partners or general managers, is designed to inspire, motivate and grow Entrepreneurs and their businesses and it’s a great way for you to connect directly with potential clients. In addition to Entrepreneurs, the event target groups are Business Leaders and Industry Associations.
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Articles & Publications
The Real Cost of Missing the April 30 Tax Deadline
The Real Cost of Missing the April 30 Tax Deadline We know, life gets hectic, and it can be easy to forget an appointment or deadline here and there, but, it’s best not to forget to file your taxes on time, especially considering that the Canada Revenue Agency...
Reporting income from Airbnb
Reporting Income from Airbnb Like other, more traditional, rentals, the Canada Revenue Agency (CRA) has specific rules surrounding the declaring of rental income, which you should become familiar with as soon as possible. What you need to know about earning income...
What is Income Splitting?
What is Income Splitting? By definition, income splitting involves diverting dividend income (and certain other types of income) from one family member to another member in a lower tax bracket resulting in substantial tax savings. By way of example, let’s take the...
Real Estate Tax Update
Real Estate tax update Canada Revenue Agency (CRA) has taken substantial changes to control real estate transactions. In recent years, CRA has increased its real estate audits, particularly in the Greater Vancouver and the Greater Toronto areas, where increased real...
Snowbirds
Snowbirds, March 1, 2019 The age-old Canadian tradition for retirees: when it starts getting cold outside, Canadians will “flock” to the warmer shores of the United States. Are there any tax considerations in the United States we need to be aware of when your retired...