Canadian Controlled Private Corporations (CCPCs)

Canadian Controlled Private Corporations (CCPCs) will soon lose the ability to immediately expense the full cost of up to $1.5 million in eligible property.  As announced in the 2021 Federal Budget, the Federal Government approved a temporary measure allowing for 100% immediate expensing of up to $1.5 million of eligible property. Such expensing is accomplished […]

Qualified business and claiming Life time Capital gain Exemption

Qualified business and claiming Life time Capital gain Exemption

Qualified business and claiming Life time Capital gain Exemption Tax Return Filers July 17, 2023 Uncategorized Introduction In this edition, Tax Return Filers shed light on two indispensable tools that can revolutionize your financial journey – Qualified Business and the Life Time Capital Gain Exemption. Qualified Business, a coveted status, offers a myriad of tax […]