Is Incorporation Right for You?
September 3, 2015 By Darren Salmond If you are thinking of incorporating your unincorporated practice there are certain questions you should be [...]
What is a Corporation?
October 30, 2015 By Darren Salmond As a self-employed individual any income you earn during the year will be included on your [...]
Incorporation Process
January 22, 2016 By Darren Salmond In order to incorporate your medical practice it is always advisable to obtain advice from a [...]
Due Dates for Medical Professional Corporations
December 9, 2016 By Darren Salmond Now that your medicine professional corporation is operating you must understand when certain tax filings are [...]
Limitations on Lifetime Capital Gains Exemptions
July 18, 2017 Department of Finance Draft Legislation Written By: Mecheliena Wilson CPA, CA, TEP Partner, Tax Services, Davis Martindale LLP (an [...]
How to Sell Your Business
In the coming decade, over $2 Trillion in small business assets in Canada are expected to change hands as 76% of [...]
Tax rules for family and employee business transfers released for 2024 onwards
Source: CPA Canada - Budget 2023 announced two sets of tax rules to consider where owners transfer their businesses to family [...]
Challenging our financial biases can help us choose more wisely
Source: CPA Canada - With our biases causing us to sometimes make the wrong financial choices, knowing how our minds work can [...]
Transferring a family business? New tax laws coming in January
Source: CPA Canada - New rules for owners transferring their business to next generation family members or employees will soon take [...]
Organizations struggling with oversight over employees’ mobile devices
Source: IT World Canada - A recent report found that 52 per cent of organizations do not have the budget to [...]
DFK Tax Digest 2023 Issue Three
DFK Tax Digest – 2023 Issue Two Budget 2023 and changes to the Alternate Minimum Tax – The AMT is a [...]
DFK Tax Digest 2023 Issue Four
DFK Tax Digest – 2023 Issue Four The New Trust Filing Rule Could be a Real "Bare" to Deal With – [...]
Looking at the many virtues of (fiscal) discipline
Source: CPA Canada - Governments come and go, but debt remains. All the more reason to demand better financial management from [...]
The future of cons and frauds
Source: CPA Canada - Here are some of the schemes we can expect in 2024.
A financial reset can help you stay the course in 2024
Source: CPA Canada - If you have a clear picture of your personal finances and tax situation, you can make informed [...]
The First Home Savings Account (FHSA)
In 2022, the federal government introduced a new registered savings plan for first-time home-buyers called First Home Savings Account (referred to as [...]
Digging into the Underused Housing Tax Act
Source: CPA Canada - The federal government deserves some credit for trying to tax vacant homes. But its approach might have [...]
The unintended consequences of Canada’s tax system
Source: CPA Canada - Changes to our tax rules should have eased the burden on individuals and small businesses. But the [...]
Keeping up to date on the latest personal income tax changes
Source: CPA Canada - Here are some important updates and new provisions to keep in mind as you prepare your 2023 [...]
Check these tax filing deadlines off your to do list
Source: CPA Canada - We answer all your questions about when to file returns for individuals and those who are self-employed. [...]
Expert: ‘It’s never too late to talk about money in a relationship’
Source: CPA Canada - Discussing finances with your partner can improve the odds of your relationship surviving. Here’s how to get [...]
New trust reporting rules may impact unsuspecting Canadians
Source: CPA Canada - The broad-based requirements as part of new beneficial ownership reporting stipulations adds a new layer of complexity [...]
DFK Tax Digest – 2024 Issue One
DFK Tax Digest – 2024 Issue One Changes to the Alternative Minimum Tax: What Should You Expect for 2024 and Onwards? – [...]
Feds slap punitive tax measure on non-compliant short-term rentals
Source: CPA Canada - The federal government is taking action by cracking down on short-term rentals, which are keeping homes for [...]
4 CRA-related scams to stay vigilant about this tax season
Source: CPA Canada - From false warnings of compromised accounts to the use of AI to create fake news, tax scammers [...]
