2017 Q3 Tax Update: Voluntary Disclosure Program

From Focus LLP, CPA, your Calgary Tax Accountants, in collaboration with Video Tax News Inc., we have provided a summary of some of the recent proposed tax changes and updates in the following blogs: Tax for private Corporations: Major changes proposed Voluntary...

2017 Q3 Tax Update: Private Corporation Tax Changes

From Focus LLP, CPA, your Calgary Tax Accountants, in collaboration with Video Tax News Inc., we have provided a summary of some of the recent proposed tax changes and updates in the following blogs: Tax for private Corporations: Major changes proposed Voluntary...

Hiring a Professional Accountant

Starting a business requires your dedication and financial integrity. Even though you spend hours in managing the operational cost for years, accounting functions do require professional guidance. There are indeed many easy and effective ways to manage the crucial...
Tax free inter-corporate dividends at risk

Tax free inter-corporate dividends at risk

Tax free inter-corporate dividends at riskProposed changes to Section 55 of the Income Tax Act presented in the April 21, 2015 Federal budget are causing serious concern in the tax community with respect to inter-corporate dividends.The proposed changes to Section 55...
Taxable Benefits: Employee use of cell phone and internet service

Taxable Benefits: Employee use of cell phone and internet service

Taxable Benefits: Cell Phone & Internet ServiceIn this edition of Did You Know? we look at the rules that determine when an employee earns a taxable benefit when a company pays for cell phone or internet service. If you would like to know more, give us a call or...