Family Ties and Tax Ties: The Smiths' PSB Misadventure in North York
Discover the story of the Smiths, a North York family who, with the best of intentions, stepped into the complex world of Personal Services Businesses, only to face unexpected tax challenges.
Tax Implications for Personal Services Businesses in North York
Navigate the complexities of corporate taxes in North York with our comprehensive guide on Personal Services Businesses (PSBs). Understand the Canada Revenue Agency's (CRA) tax implications, ensure compliance, and stay informed with the expertise of a seasoned corporate lawyer in North York. Stay updated on PSB obligations, tax rates, and eligible deductions.
When Innovation Meets Obstacles: The Case for Disputing SR&ED Tax Credit Rejections in Toronto
Written by an SR&ED Lawyer | Toronto: Explore why disputing a CRA rejection of your SR&ED tax credit application is critical in supporting novel technology, and how the expert intervention can make a difference.
A Toronto Tech Firm's Tug-of-War with SR&ED Credits and Loans
Written by an SR&ED Lawyer: A Toronto tech firm's battle with SR&ED loan repayment and CRA audits highlights the necessity of sound business writing and thorough preparation in claiming SR&ED credits.
Mining the Future: An International Venture, A Toronto Innovation, and SR&ED Tax Credit Funding
Written by an SR&ED Lawyer: How a ground-breaking energy technology, funded by the SR&ED tax credit and international governmental support, led to a major mining venture between Canada and the Philippines.
The SR&ED Lifeline: One Toronto Company's Brush with Disaster
Written by an SR&ED Lawyer: Unravel a riveting tale of a SR&ED claim gone wrong, a potential company downfall, and how a skilled tax lawyer can steer a company to safety, right here in Toronto.
The Bricklayer and SR&ED: A Tale of Innovation and Resilience in Toronto
Written by an SR&ED Lawyer | Toronto: Discover how a Toronto bricklayer's creative approach to his work led to an unexpected SR&ED tax credit opportunity and a determined battle for its approval.
The Pitfalls of Property Transfer: A North York Family's Experience with a Tax Lawyer
Written by a tax lawyer in North York: Read about a North York family's wise decision to consult a tax lawyer when considering transferring a condo to their children, thus avoiding potentially hefty taxes.
A Twist in the Tale: Successful Appeal of a Rejected SR&ED Claim | Tax Lawyer | North York
From a tax lawyer in North York | Toronto: Uncover a compelling story of a rejected SR&ED claim reversal, highlighting the critical role tax lawyers play in such complex tax issues.
Bridging Borders: How AGI Law Simplified an Ontario Real Estate Transaction for a Non-Resident
From a real estate lawyer in North York | Toronto: Read how AGI Law effectively assisted a non-resident client navigate the complexities of an Ontario real estate transaction, ensuring a successful and smooth property closing.
Preparing for a CRA Audit Checklist
If you are a business owner or an individual taxpayer, you may be selected for an audit by the Canada Revenue Agency (CRA) at some point. Audits can be stressful and time-consuming, but with the right preparation, you can minimize your risk and ensure that the process goes as smoothly as possible. Here's a checklist of things to do to prepare for an audit.
Preparing for an HST Audit of a Custom Home Build
Keep accurate records: Throughout the construction process, it's important to keep accurate records of all costs associated with building your home. This includes invoices, receipts, and contracts with all parties involved.