Posts

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5 HST Planning Tips for Developers and Builders

This summer has been tough. A close client passed away suddenly at the age of 52, leaving his wife, his children, his family, friends and JV partners all in shock. At the visitation of his funeral, packed with his friends and families,…
7 Steps You Must Take When Setting Up a New Corporation
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7 Steps You Must Take When Setting Up a New Corporation

Thursday is the election day in Ontario. It is so disheartening to see how much "new spending" is promised across all parties. Liberals don't look like they have a chance, but the options remaining aren't any better. This Global &…
Tax Questions
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6 Common Tax Questions Asked by Top 200 Realtors & Investors

Happy Mother's day to all of you. It's a special year this year. I finally got to spend my mother's day with my mom, the superhero in my life. 😊 She's in town to visit for a week, spending some quality time with us and enjoying…
Lessons Learned from Tax Season

5 Lessons Learned from Tax Season

HoHoHo!  April finally passed! I must thank my entire team for pulling through this tax season with me.  It’s not easy, and we have a lot of room for improvements. What better way to celebrate the end of tax season and the beginning…

5 Impacts on Transferring Rental Properties into a Corporation

Real estate investors usually start investing in their personal names. It’s easy, simple and the cheapest form of ownership. Once they test the water, many of them decide that they will continue their investing journey. Some investors…

5 Tax Impacts on Real Estate Investors from the Proposed Tax Changes on Private Corporation

We are changing our office number! I am in the middle of switching my business phone network from a US carrier to a Canadian carrier.  Although we can work out the logistics to port the old number over, I’m assigned a new number temporarily…
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Unfair Proposed Tax Changes Entrepreneurs Need to Know About

Nothing makes me more upset when reading this consulting paper released by the Finance Minister this past Tuesday. Our government always seems to forget, the objective behind taxing people is to raise sufficient funds to provide for our…
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How to Understand the Canadian Personal Tax System & 3 Successful Factors that can Change your Life

I signed up to commit to a 21-day challenge to wake up at 4:30am every morning for 21 working days. Most of you probably think I am crazy. You might be thinking waking up at 4:30am is not possible. I have to admit that it was tough…
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Estate Planning: What Happens after Happily Ever After?

I always have great conversations with my bookkeeper. Her name is Lihua. She lives close to me and was really just looking for a part-time role working from home and we clicked immediately. She’s been a stay at home mom for years to…
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Why the Rich Get A LOT Richer with Corporations

Jays are hot these days! :) Watching their games can be stressful, thanks to Donaldson, they somehow managed to sweep the Texas Rangers. Other than cheering to our favorite team, we also did a little bit of charity work this past weekend. We…