2016 Canadian Federal Budget Highlights

Finance Minister Bill Morneau delivered the 2016 Federal Budget on March 22, 2016.  The Crowe MacKay Tax Team has summarized the highlights

Budget News Flash - Predictions for the upcoming Federal Budget

On March 22nd, 2016 the new federal Liberal government will table its first budget and members of the tax community are expecting a number ...

Potential Increase of Capital Gains Rate

As many of you are aware, the upcoming federal budget will be tabled on Tuesday, March 22. There are several rumours (right now that ...

Scientific Research and Experimental Development for Health Care Professionals

This article was originally published in Tax Talk for Health Professionals and posted on February 18, 2016. Ontario's 2016 Budget was announced on February 25, ...

Income tax instalments for testamentary trusts that are not graduated ...

For taxation year-ends after 2015, a testamentary trust that is not a graduated rate estate (GRE) will be subject to income tax instalments. Instalment threshold

US Tax Updates

The following are some of the tax changes happening south of our border. Such changes are not usually part of the mainstream news here ...