Visit our Tax blog for the MNP perspective on topics ranging from SR&ED to recent changes in taxation filing, credits and other important Tax developments.
Monday, November 30, 2009 by J.D. Blazek Comments (0)
It is not uncommon for business owners to say “just pay a management fee equal to the loss”. This sounds easy enough to do; just write a cheque and make a journal entry. All done. Unfortunately, this rarely is within the scope of the tax laws. View the full blog post
Wednesday, November 25, 2009 by Ron Friesen Comments (0)
By this time most farmers will have their 2009 harvest in the bin. So, the next task is to consider looking at your accounting records to plan for the current year’s tax liability. The following is a list of items farmers should pay close attention to prior to December 31, 2009. View the full blog post
Friday, November 20, 2009 by Kal Ruprai Comments (0)
Ontario received $4 billion and British Columbia received $1.6 billion in transfer payments from the federal government if they agreed to harmonize their PST’s with the GST. How will this affect your business? View the full blog post
Monday, November 16, 2009 by Kim Drever Comments (0)
Let’s face it – no one really likes to trigger losses, but the silver lining of triggering a loss is that losses can actually help your tax situation. View the full blog post