Blog + News

Insight on what’s happening in the world of tax, law and accounting so you can stay ahead.

***CLICK FOR ALL NEWS***

Kenneth Keung is quoted in the Investment Executive article titled “How should trusts flow out capital gains to beneficiaries in 2024?”, July 5, 2024.

***CLICK FOR ALL NEWS***

Kim G C Moody, Kenneth Keung, and Christopher Ellett are quoted in the Investment Executive article titled “When is the latest clients can sell assets prior to June 25?”, published on May 17, 2024.

***CLICK FOR ALL NEWS***

Alexander Marino recently appeared on the Global Investment Voice Podcast to discuss the benefits of renouncing US citizenship on March 14, 2024.

***CLICK FOR ALL NEWS***

Alexander Marino guested on the Snowbirds US Expats Radio Podcast about the benefits of renouncing your US citizenship on January 17, 2024.

***CLICK FOR ALL NEWS***

Kenneth Keung and Evan Crocker are quoted in Investment Executive article titled “CRAʼs 10% interest rate on overdue tax raises risks“, published on November 13, 2023.

All
  • All
  • Accounting
  • Alexander Marino JD, LLM (US Tax)
  • Announcements
  • Business Law
  • Canadian Tax
  • Christmas
  • Federal Budget
  • Firm News
  • Flowcharts
  • Immigration & Travel
  • Living Abroad
  • Personal Notes
  • Publications
  • Team Profiles
  • Trust & Estate Law
  • US Citizenship Renunciation
  • US Tax
  • Webinar Recordings

Should tax preparers be registered in Canada?

In the tax profession, there are a number of issues that bug me.  For example, the absence of a tax specialist designation in Canada to help the public distinguish between non-tax specialists and tax specialists bugs me.  I first wrote about this issue in our July 11, 2011 blog.  The fact is that I’ve held this view for well over a decade … it’s important to ensure that the public is better served.

Read More

Halloween trick or treat? The Department of Finance releases income tax technical amendments and new GAAR decision.

On October 31, 2011 (on the fifth anniversary of the income trust amendments) the Department of Finance released a package of income tax and sales and excise tax technical amendments.  While most practitioners, including our firm, are still working through the package there are two proposed amendments that are worthy of an early comment.

Read More

Sale of insurance brokerage client list – Tax consequences

Have you or your clients ever sold an intangible property like a client list?  A recent Tax Court of Canada case, George Smith v. Her Majesty the Queen, highlights the tax implications that can arise on the sale of such a property.

Read More

Do you own US securities?

Do you own US securities (or other foreign stocks) in your personal portfolio?  Does your corporation own US securities (or other foreign stocks)?  If so, then pay careful attention to the information below.

Read More

The “kiddie tax”: Some simple planning

With much fanfare, the “kiddie tax” was introduced into Canadian tax law effective January 1, 2000.  My, how time flies.  It does not seem like it was 11.5 years ago that such a tax was introduced to prevent income splitting mischief.

Read More

The proposed CA-CMA merger: Some random musings

Before we proceed the reader needs to know that the views expressed below are mine only and do not necessarily represent the views of all the accounting professionals in our firm.

Read More

***CLICK FOR ALL NEWS***

Kenneth Keung is quoted in the Investment Executive article titled “How should trusts flow out capital gains to beneficiaries in 2024?”, July 5, 2024.

***CLICK FOR ALL NEWS***

Kim G C Moody, Kenneth Keung, and Christopher Ellett are quoted in the Investment Executive article titled “When is the latest clients can sell assets prior to June 25?”, published on May 17, 2024.

***CLICK FOR ALL NEWS***

Alexander Marino recently appeared on the Global Investment Voice Podcast to discuss the benefits of renouncing US citizenship on March 14, 2024.

***CLICK FOR ALL NEWS***

Alexander Marino guested on the Snowbirds US Expats Radio Podcast about the benefits of renouncing your US citizenship on January 17, 2024.

***CLICK FOR ALL NEWS***

Kenneth Keung and Evan Crocker are quoted in Investment Executive article titled “CRAʼs 10% interest rate on overdue tax raises risks“, published on November 13, 2023.