News

In Canada, the transfer of a business upon the death of an owner can have significant tax implications. It's important to note that tax laws can change over time, so it's essential to consult with professionals who are up to date with the latest regulations and can provide tailored guidance based on your specific situation.

If you or a corporation you are a shareholder of, are on title with respect to residential property and believe that a bare trust arrangement might apply to the ownership structure, it is important to contact Legacy Accounting LLP LLP immediately.

The extension of the CEBA repayment and partial loan forgiveness deadlines provides minor relief to business owners but falls short of what many were hoping to see from the government.

Have you ever wondered if you should hold real estate personally or through a corporation? There are a number of factors that should be considered when making a decision about how to hold your real estate portfolio.

Is there a way to avoid paying high-rate tax (46.67%) and have more after-tax profits available for real estate expansion plans?