Canada Pension Plan Enhancement – How will it impact you?

Canada Pension Plan Enhancement – How will it impact you? As a business owner or self-employed individual, the new Canada Pension Plan Enhancement that starts to be phased in in 2019 will have some impact on you, both in the costs you pay now and the benefits...

Escaping the early winter? Be aware of the substantial presence test

Escaping the early winter? Be aware of potential US tax implications of the substantial presence test Substantial Presence Test It certainly feels like winter has hit us early this year in Alberta.  Calgary has received more snow in October in over a hundred years and...

2017 Q4 Tax Update: Income Sprinkling Rule Changes

In the recent (Dec. 13, 2017) release from the Department of Finance, we now have some additional information on how the income sprinkling rules will impact small business owners and their families. Family members who are caught by the new income sprinkling rules will...

2017 Q3 Tax Update: Electronic T4 Slips

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: 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...