The Canada Revenue Agency (CRA) has come under renewed scrutiny following a critical 2025 report from the Auditor General of Canada. While taxpayers have long been aware of service
3 min read
January 26, 2026
Insights
Despite the prorogation, the Canada Revenue Agency (“CRA”) has stated it will continue to administer the proposed capital gains inclusion rate increase as if it were law, even
2 min read
January 14, 2025
The Government of Canada has announced temporary goods and services tax / harmonized sales tax (“GST/HST”) relief on children’s clothing, toys, games, books, food and bevera
3 min read
December 2, 2024
Capital gains inclusion rate The capital gains inclusion rate will increase from 50% to 66.67% for capital gains realized on...
4 min read
April 22, 2024
K&P CPAs, a boutique licensed public accounting and valuations firm based in Toronto, Canada, is pleased to announce its adoption...
2 min read
February 26, 2024
Introduction Canada is currently experiencing a significant demographic shift that is reshaping the landscape of wealth distribution: the inter-generational transfer...
3 min read
February 6, 2024
Introduction Clients often approach us inquiring about what a business valuation entails. Their interest stems from many situations that include:...
8 min read
February 6, 2024
Introduction Business owners often benchmark their businesses against a rule of thumb to identify a preliminary valuation for their business....
4 min read
February 6, 2024
Businesses must repay their CEBA loan by January 18, 2024, to be eligible for the forgivable portion of the loan....
3 min read
January 15, 2024
Certain trusts, including bare trusts, that were previously not required to file a trust return, will be required to do...
4 min read
January 11, 2024