1994 Capital Gains Election

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1994 Capital Gains Election (a BLAST from the Past) Recently, we have prepared a number of personal tax returns for clients who own property acquired before 1994. Property includes cottage property, artworks, securities and rental property.  Way back in 1994, the government eliminated the ...

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Sloan Group Participates in Morison KSI Future Leaders Conference in Chicago

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Morison KSi delegates met in Chicago to take part in the second event of the series of Future Leaders Programmes. Over three days, the Sloan Group was among fourteen delegates who had the opportunity to meet with other members of Morison KSi, some for the first time, to develop their own ...

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Cyber-security Affects You (Yes! You!)

Woman using smartphone and laptop with icon graphic Cyber security network of connected devices and personal data security

On June 18, 2015, Bill S-4 (the Digital Privacy Act) came into force in Canada and finally introduced mandatory data breach reporting and notification requirements by amending Personal Information Protection and Electronic Documents Act known as “PIPEDA”.   The glaring deficiency in PIPEDA ...

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CRA’s new truck and SUV project and reviews of cell phone expenses

Driving a car in a a city with a traffic jam at night during the rush hour, view from inside the car, proceeding slow in a line with red tail lights. Blurred streets lights on the background. Night dark tones with Instagram style colors.

It has been reported and now confirmed there is a new CRA project – Class 10 vehicles. What is a “Class 10 Vehicle”? Included in Class 10 vehicles are: Pick-up truck or van used to transport goods or equipment seats 1-3 people and used 50% or more for business. Pick-up truck with extended cab, ...

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US Tax Reform: Trump Transition Tax (Repatriation Tax) – Revised Payment Deadlines

Document with title Trump Tax Plan.

The “Trump Transition Tax” has caused a great deal of anxiety among affected owners of Canadian businesses, imposing millions of dollars in double-tax liabilities on thousands of people.  The IRS only recently (April 2) released the guidelines for reporting. Revising earlier guidance, the IRS ...

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Client Spotlight: Nick Lee Career Change Pays Off for Entrepreneur

Client Spotlight

The world of work has changed significantly over the last few decades.  Where once landing a job and growing with a company was the norm, today more and more people stop and change direction midway through their careers; others successfully reinvent themselves several times throughout their ...

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Off the Books Q&A with Muaaz Ahmad: A Collective Approach

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What attracted you to Sloan Group? I joined Sloan Group because I was interested in learning and applying my skills in a small firm with big client focus. I joined the firm full-time in September 2017 after completing an internship here in 2016. I really enjoy the environment here at work ...

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Morison KSi Media & Entertainment Newsletter – Edition 1 (2018)

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Canada has always had a strong creative sector and in particular its film and TV industry has a worldwide reputation and it is a regular destination for overseas production companies.We have regularly advised on a range of issues in this regard covering production accounting, Canadian tax ...

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CRA Clarifies Proposed Income Splitting Rules

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On July 18, 2017 the government proposed a number of significant income tax changes for small business operating through private corporations in Canada.  Following significant backlash from the business community, the government postponed or eliminated most of these proposals, however, measures ...

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