Do It Now

As an accountant and financial advisor for over forty years, I have preached and continue to preach the need to constantly evaluate and mitigate risk.  That doesn’t mean I would advise a client to not to take any risk, but to assess risks and their potential benefits. I believe in insurance, ...

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Canadian COVID-19 Relief: Temporary Wage Subsidy for Employers

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The government continues to release information on how businesses and individuals can access the financial assistance being provided for all of us financially impacted by COVID-19. Details on how to access the Temporary Wage Subsidy for employers can be found here. Small businesses, charities, ...

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CRA Real Estate Project Paying Off – for the CRA

Close up real estate agent with house model hand putting signing contract,have a contract in place to protect it,signing of modest agreements form in office.Concept real estate,moving home or renting property

Selling your investment condo, or even a principle residence? Involved in real estate deals or claiming the HST New Housing Rebate? Be prepared to answer some questions. The CRA is sending target taxpayers a real estate questionnaire to make sure the sale of real estate was properly reported ...

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Transition Tax Relief

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If you have paid US Transition Tax or GILITI for a Small Business, you may be in a position to get some or all of it back   On December 24, 2019, the US District Court handed down a momentous ruling allowing a lawsuit against the Treasury Department to proceed.  The suit alleges that ...

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Take Control of Your Money: Three Personal Finance Tips: 

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In the world of personal finance, there are a few things that everyone should be doing to ensure fiscal health and longevity.  If more people would take a few simple steps like evaluating their spending habits, reducing their personal debt-load, and saving up a few months of living expenses, ...

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Do I Need a GST/HST Number?

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If you’re thinking of starting your own small business, you may have heard that the first thing you need to do is register for a GST or HST number. Registering is the easy part, but what exactly is a GST/HST number and when do you actually need to get one? What is a GST/HST number?...

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Halloween Celebrations at Sloan Group

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Sloan Group celebrated Halloween by hosting a costume contest where everyone voted for their favourite costume. Employees had a freaky fun time with creative costumes and the party ended with a festival-themed lunch. Check out all the best moments from the fun afternoon.      

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Do you have a real financial plan?

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You have an accountant who diligently prepares your tax returns, and if you have a business, your financial statements, a financial advisor who recommends appropriate investments, and a lawyer who prepared a Will and advise on estate planning matters. But chances are they don’t know if the ...

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Converting dividends to capital gains – Perhaps the last available significant opportunity

DIVIDENDS CONCEPT

So what’s left? That the question that business owners and their accountants have been asking themselves following the implementation of aggressive new tax measures including the end of income sprinkling with family members (TOSI), the end to the multiplication of the small business deduction ...

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Is Cryptocurrency Subject to GST/HST? – The Answer is Unfolding as We Speak

Gdansk, Poland - May 22, 2019: Physical Bitcoin, Litecoin and Ethereum gold coins on a black stone slate plate with chain. Cryptocurrency blockchain abstract concept.

If the world of cryptocurrency appears to you as a “Wild West” it is because it is.  Fortunes are made and lost overnight.  Equally buffeted or flat-footed by the cryptocurrency events are the taxing authorities.  The Canada Revenue Agency promulgated their initial positions on cryptocurrency ...

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