Tax Relief Measures – Part 3

• Post author:The Lazer Grant Tax Team
• Post published:April 17, 2020
• Post category:Tax/Tax Credit

We have a further update to the programs put in place by the federal government to ease the economic and social effects of the COVID-19 pandemic.   We will keep you advised…

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Tax Relief Measures – Part 2

• Post author:The Lazer Grant Tax Team
• Post published:April 14, 2020
• Post category:Finance/Tax/Tax Credit

The Lazer Grant Tax Team compiled the following information to share the announcements published by the government for businesses and individuals. We are providing this summary in advance of any…

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Tax Relief Measures

• Post author:The Lazer Grant Tax Team
• Post published:March 24, 2020
• Post category:Blog/Leadership/Tax

At Lazer Grant, we are following National Health guidelines and taking extra measures to protect our team, our clients and the public from the spread of the Covid-19 virus.  We…

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Web Portal – Keeping Information Secure

• Post author:Marvin Vergara, I.T. Director
• Post published:March 26, 2019
• Post category:Consulting/Finance/Tax

Did you know emailing documents with addresses, social insurance numbers or banking information is a premium object for abuse? Emails and text messages are one of the easiest targets for…

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Income Splitting Is Still Available

• Post author:The Lazer Grant Tax Team
• Post published:March 7, 2019
• Post category:Consulting/Finance/Tax

For 2018, the Federal Government of Canada implemented new tax on split income (TOSI) rules to target the splitting of income earned by private corporations with family members, usually through…

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Tax Season Is Coming

• Post author:Joel Lazer, FCPA, FCA, CIRP
• Post published:February 19, 2019
• Post category:Tax/Tax Credit

It is February 19th today and the country is in the middle of winter. It’s been very cold here and there have been numerous weather events across the country. The…

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PST Problems

• Post author:Ken Goodridge, MBA, CPA, CMA
• Post published:February 6, 2019
• Post category:Finance/Tax

Having to self-assess provincial sales tax is a major source of reassessments for PST auditors. Some common situations and cautions: Buying goods or services from an out-of-province supplier: Where the…

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Faster Deduction Available for Business Assets

• Post author:Ken Goodridge, MBA, CPA, CMA
• Post published:November 28, 2018
• Post category:Blog/Consulting/Tax/Tax Credit

There was great news for businesses in the federal government’s Fall Economic Statement.  The government announced the “Accelerated Investment Incentive”, a proposal that makes changes to the capital cost allowance…

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Securing Retained Earnings

• Post author:Joel Lazer, FCPA, FCA, CIRP
• Post published:October 16, 2018
• Post category:Blog/Consulting/Finance/Tax

Last week's article was about securing your shareholders loan. Now let's focus on securing your retained earnings. The retained earnings, share capital, and shareholders loan represent your entire investment and…

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Secure your Shareholders Loan

• Post author:Joel Lazer, FCPA, FCA, CIRP
• Post published:October 9, 2018
• Post category:Blog/Consulting/Finance/Tax

Most business owners have significant investments in their companies. Often these investments are represented by shareholders loans. These loans often arose at start up or are the result of undrawn…

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