There are several kinds of income and benefits that are not subject to tax under the Income Tax Act. To the extent you can get any of these, you won’t need to pay tax on the income, or, in many cases, even report it.

The Goods and Services Tax (GST) and Harmonized Sales Tax (HST) form a very complex system, with myriad special rules and exceptions. Many details have changed since the GST first came into force in 1991.

BUYING PROPERTY FROM A NON-RESIDENT: INCREASED WITHHOLDING If you are buying real estate — such as a house or condominium, or a commercial property —

Federal Budget Highlights 2022 Personal Income Tax Measures: Tax-Free First Home Savings Account (FHSA), a new registered account. FHSA contributions would be tax deductible and

Tax efficient ways to make a difference this Holiday Season! It is the most wonderful time of the year! It is also the season of

Post Covid-19 Recovery The federal government has taken the position that the COVID-19 pandemic has subsided, and economy is slowly getting back to normality based

It’s That Time Of Year! From tax planning strategies that maximize your profits to helpful organization of financial statements and seasoned business consulting services, Krishnan

Small Business Accountant Services | Krishnan & Sullivan LLP Why to hire an accountant for a small business?  Running your small business with a keen

Oshawa home of General Motors Are you a busy company in the Oshawa area in need of tailored and dependable accountant services? Krishnan & Sullivan