Blog

Shareholder’s Loan – What is it and How Does it Work?

As a shareholder of your corporation, your shareholder’s loan is an important account that indicates how much the company owes to you or how much
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Understanding Tax Rules for Passing on Businesses to Family and Employees

Passing on businesses to family members or employees in Canada has historically come with tax challenges. Budget 2023 introduced new tax rules to address these
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Tax-Free First Home Savings Account (FHSA)

By Samantha Sandy The government introduced a new Tax-Free First Home Savings Account (FHSA) effective April 1, 2023, that allows you to save up to
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Surviving Inflation: The Importance of Budgeting in Canada with the Help of an Accountant

By Ian Penner Budgeting is a crucial aspect of financial management, particularly in a high-inflation environment. Inflation, defined as the increase in the price of
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2023 Federal Budget Highlights

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Underused Housing Tax (UHT)

By Ian Penner & Sarah Penner What is the UHT? As part of the 2022 federal budget, the government passed the new Underused Housing Tax
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