2019 FEDERAL BUDGET – WHAT BUSINESS OWNERS NEED TO KNOW (March 20, 2019) The Minister of Finance, Bill Morneau, presented his Fourth Budget to the House of Commons on Tuesday, March 19, 2019.   We are providing you with the CPA Canada Federal Budget Commentary 2019 .  In addition, we have summarized a streamlined commentary “What Business Owners Need To Know ”.  We recommend you take a few moments to review these documents…

2018 Personal Income Tax Checklist The deadline for filing your 2018 personal income tax return is April 30, 2019. The 2018 Personal Income Tax Checklist will help you assemble and organize your 2018 personal tax records and information slips. You will be receiving these slips in the near future, and the checklist will help you identify which documents apply to you. Please take a moment to PRINT the  2018 Personal Income Tax Checklist. Once…

YEAR-END Tax Planning Tips – December 2018  The end of the year is fast approaching, and we wanted to give you an opportunity to consider a few tax planning tips.  If made prior to December 31, 2018, here are certain expenditures that may be eligible as 2018 tax deductions or credits.   If you own a business or rental property there are additional tips for you to consider. Seniors should be…

Retirement Announcement: Don Edwards We wish to acknowledge the retirement of a dear member of our team.  Don Edwards started his accounting career over 50 years ago with what is now Deloittes, and joined one of our predecessor firms in 1999 after deciding that he wasn’t quite ready for retirement from his role as a partner there.  Throughout the years Don’s commitment, dedication and loyalty to his clients never wavered. …

HVGP sponsors #PinkTruckTour HVGP is a proud Gold Captain Sponsor of The Mississauga Fire Fighters Benevolent Fund for Pink Truck Tour 4.0.  This campaign is working hard to raise funds and awareness for the Cancer programs at Trillium Health Partners. The @MFFA_Benevolent volunteers recently came by the HVGP office to visit our staff.  We thank them for this opportunity to join them in supporting @TrilliumHealth and the important work being…

HVPG LLP Announces Promotions To Key Team Members Announcement of Appointment to Senior Manager The Partners of HVGP LLP are pleased to announce the recent appointment of Steven Carr to the position of Senior Manager.   We are committed to the development of our firm’s structure from within and to the high quality of service derived from our own people.   Steven Carr Steven graduated from University of Guelph-Humber in 2008 with…

Tax Tips – September 2018 This edition of tax tips covers a number of tax considerations to help you with your planning.   Be aware of changes make to taxable benefits like employer sponsored events and subsidized meals.   If you are a director, there is information about liability for corporate taxes.  Read the full edition here – Tax Tips September 2018  

Tax Tips – May 2018 In this edition of tax tips, we have included a number of updates that may affect you including:  eligibility of paying family members a salary, proposed changes to corporate passive investment income, what is considered reasonable automobile allowances, reporting subcontractors for constructions activities and risks for U.S. citizens that are not tax compliant. Feel free to call our office to discuss further if you have…

Digital Currency: Basics and Tax Implications A brief overview of digital currency and what you may need to know regarding tax implications.  Gains and loses from selling or buying digital currency must be reported on your tax return.   Take a few minutes to learn more and please feel free to contact us with questions. Digital Currency Update for May 2018    

Each year, personal tax season arrives with a flurry of activity in our HVGP office.  This year, we hosted an Open House on March 18th inviting clients who had their personal tax information prepared to drop in for coffee and a chance to win two tickets to the Toronto Blue Jays.   Congratulations to our lucky winner.   Tax season is a great time to reconnect with our clients.  We enjoy the…