5 Tips for a Headache-free Tax Audit

It has happened. That thing that you never thought would happen to you. It is stressful and time consuming and a downright pain. What are talking about? The dreaded tax audit. If you’re in this situation, wondering how this happened and what to do about it, don’t...

Giving the Gift of a Tax Debt: Section 160 Assessments

In most circumstances, when someone gives you a gift (unless of course it is yet another subscription to the ‘Jelly of the Month Club’), the term ‘don’t look a gift horse in the mouth’ is appropriate. This is especially true when that gift is monetary or real estate...

Limitations on Directors Liability Assessments

When it comes to corporate taxes, directors have several tax responsibilities. In certain circumstances, directors may be held personally responsible for certain tax liabilities of those corporations they serve. This week, we focus specifically on directors liability...