Proposed Tax Changes for Canadian Private Corporations

October 5, 2017 RHN CPA No Comments

By now you have read and heard of a large volume of information related to the Federal Government’s proposed legislation to tax individuals and their small business corporations. We have provided a summary below. RHN has studied the proposals. The…



Proposed tax changes and their potential impact on Canadian private corporations

August 17, 2017 RHN CPA No Comments

Canadian private corporations, including many small businesses and Personal Professional Corporations, are familiar with the current taxation rules which have been unchanged for decades. However, as announced by the Canadian federal Finance Minister, Bill Morneau, on July 18, 2017, there…



The Canada Revenue Agency is moving its web presence to Canada.ca

July 10, 2017 RHN CPA No Comments

In 2013, as part of its commitment to better serve citizens and businesses, the Government of Canada launched the Web Renewal Initiative (WRI) to make its online information and services easier to find and use through a single, user-centric website…



Why you may need or want to set up a trust in your estate

May 19, 2017 RHN CPA No Comments

Working with our clients to protect their assets and minimize income tax and probate fees is very much a part of our comprehensive approach to planning. As Chartered Professional Accountants, we encourage our clients to look beyond their annual income…



2017 Canadian Federal Budget – What You Need To Know

March 23, 2017 RHN CPA No Comments

The 2017 Canadian federal budget was tabled on Wednesday, March 22 by Fused on “attempted efficiencies, closed tax loopholes, steady deficits, and a touch of caution.” We provide the following commentary to highlight key areas of interest. Contact your trusted…



New 2016 Rules for Trusts and Estates in Canada

December 17, 2015 RHN CPA No Comments

DLA Piper has prepared an article that details why the new 2016 rules for trusts and estates may lead to surprise, and suggests that the Department of Finance may reconsider these new changes. Link to Article The information presented is…



Trust Update for New Legislation (In Effect December 31)

May 8, 2015 RHN CPA No Comments

CFIB’s July 2015 newsletter has just been published: In December 2014, the new rules affecting all trusts received royal assent. Many of these rules will change the way trusts are used and taxed in Canada. Firstly, as a reminder, if…