+1 902-403-7201

Tax Law Tips & Guidance

Stay updated with the latest news, tips, and guidance on tax law from our editorial team.

Canada trade war US

Canada’s Bold Response: Understanding the 2025 U.S.-Canada Tariff Battle

Canada has launched an unprecedented C$29.8 billion retaliatory tariff package against the United States, marking a significant escalation in the growing trade dispute between the long-standing allies. Understanding cross-border trade considerations has become crucial as the U.S. imposed 25% tariffs on Canadian steel and aluminum imports, threatening the integrated North American trade relationship.

Keep Reading >>
9 Benefits of Professional Tax Advisory in Canada

9 Benefits of Professional Tax Advisory in Canada

Navigating the realm of taxes can often feel overwhelming, yet staying on top of tax compliance offers a multitude of advantages. Whether you’re a business owner or an individual taxpayer, ensuring robust tax compliance is crucial not just for peace of mind, but also for the sustained growth and financial

Keep Reading >>
15 Steps to Prepare for Your Next Canadian Indirect Tax Audit

15 Steps to Prepare for Your Next Canadian Indirect Tax Audit

Preparing for a Canadian indirect tax audit can be a daunting task. By understanding the steps involved and proactively organizing your documentation, you can confidently navigate the process and ensure a smooth audit experience. This guide outlines crucial steps to take to be audit-ready. 1. Understand the Scope of the

Keep Reading >>
The Impact of Sales Tax on Small Businesses

The Impact of Sales Tax on Small Businesses

Sales tax is an essential component of the revenue system for governments, but its implications can vary significantly for businesses, especially small enterprises. In this blog, we delve into the impact of sales tax on small businesses, examining both challenges and opportunities. Understanding Sales Tax Basics Sales tax is a

Keep Reading >>

Navigating the Temporary GST/HST Relief: What Businesses Need to Know

As the holiday season approaches, businesses across Canada face a significant challenge: implementing the Canadian government’s temporary GST/HST relief on select items. While this policy provides financial relief for consumers, it introduces a host of operational hurdles for vendors. With a tight timeline and legislative uncertainty, businesses must act quickly

Keep Reading >>