by Vishal Raithatha | May 24, 2024 | News
Tax Insights Published May 23, 2024 VOL. 01 NO. 01 By: Vishal Raithatha – CPA, CA, MMPA, B.A.Sc. Computer & Electrical Engineering Planning under consideration Effective June 25, 2024, capital gains tax rates are proposed to increase by about 8 – 10%, with the...
by Jeff Manning | Mar 18, 2024 | News
There are instances where a person may not be aware that a trust relationship exists, and which may not be visible to your advisor. It is therefore critical to consider some of the common traps that would give rise to a reporting obligation which if not complied with...
by Vishal Raithatha | Jan 15, 2024 | News
If funds were lent to a family trust or directly between family members under an income-splitting arrangement, the 2023 loan interest must be paid by January 30, 2024. Failure to do so would cause the income attributions rules to apply to tax the income earned on the...
by Vishal Raithatha | Jan 3, 2024 | News
It is important to take note that the tax changes in respect to non-compliant short-term rentals proposed in the 2023 Fall Economic Statement will take effect on January 1, 2024. In an attempt to increase the pool of housing available for long term residential rental...
by Jeff Manning | Dec 18, 2023 | News
CEBA Loan Deadline Eligible CEBA loan holders in good standing will now have until January 18, 2024, to repay the loan (less the amount to be forgiven) to qualify for partial loan forgiveness. Repaying the balance of the loan on or before January 18, 2024 will result...
by Vishal Raithatha | Dec 18, 2023 | News
As we head into 2024, we’d like to share some exciting news which brings new growth to Truster Zweig Raithatha LLP (TZR). TZR, a leading provider of dynamic, forward-thinking tax, accounting and advisory services, is thrilled to announce that Helen Hou of DJH &...