Ontario Accessibility Laws Have you submitted an accessibility compliance report?  A reminder that the deadline to file your report is December 31, 2017. If you or your corporation has 20 or more employees you are legally required to file a 2017 accessibility compliance report. Failure to report may result in legal action being taken against your organization, this can include inspections, Director’s Orders and financial penalties. For information on what…

The CRA recently released fairly substantial proposed changes to the current program, effective January 1, 2018. The proposals are expected to be finalized in the fall of 2017. Take a moment to read the summary of the proposed changes to the Voluntary Disclosure program, and ensure to submit your disclosure prior to the proposed changes effective January 1, 2018. For additional information or questions please contact us.

Our team works hard all year long, but especially during tax season the long hours can take a toll.  This year our team created a fitness challenge, encouraging everyone to take 30 minutes of their day to get moving.    We even incorporated a Saturday team challenge here in the parking lot, and had fun with a team tug of war.    Our season ended with our second annual Tax Season Party…

Finance Minister Charles Sousa tabled the Ontario Budget on April 27, 2017.  The deficit for the 2016-17 fiscal year is projected to be $1.5 billion, with a balanced budget projected for 2017-18, 2018-19 and 2019-20.  The Budget does not include any changes to Ontario’s personal or corporate income tax rates.   Read More Here:  Ontario Budget Commentary April 27, 2017  

CPA Canada Federal Budget Commentary – March 22, 2017 The Federal Government’s 2017–18 Budget gives Canadians a taste of what they might expect over the next couple of years: attempted efficiencies, closed tax loopholes, steady deficits, and a touch of caution. Read our Federal Budget Commentary for more details.

Our team embraced the acting challenge this holiday season working with Big Time Murder Mystery productions to solve a Ho, Ho, Homicide at our holiday dinner.   We always enjoy taking the time to celebrate special occasions with our valued team. We extend our best wishes this holiday season to our clients and associates for Happy New Year.

2016 PERSONAL INCOME TAX RETURN CHECKLIST As you begin to gather your information for your 2016 Personal Income Tax Return we want to ensure you have provided us with all relevant documentation and receipts so that we can help you get every tax credit and deduction available. Please take a moment to PRINT the 2016 HVGP personal tax checklist.  Feel free to contact us if you have any questions.

TAX PLANNING TIPS FOR 2016 PERSONAL INCOME TAX RETURN By reading the 2016 Tax Planning Tips you can find considerations to maximize your return.  Please take a few moments to read this before the close of the year and contact us for further details or to discuss whether these may apply to your tax situation.

In this Tax Tips Update you will find a high-level summary of the most recent tax developments applicable to business owners, investors, and high net worth individuals including an overview of Documents Required to Claim a U.S. Foreign Tax Credit and Is Transferring Property to a Family Member a Taxable Transaction. This information is for educational purposes only as it is impossible to include all situations and exceptions. For questions specific to your circumstances…

The HVGP team had a busy month of April completing Personal Tax Returns for our valued clients.   After weeks of sitting at our desks for long days and weekends, snacking away to keep ourselves going, we needed a night out to stretch our legs and test our cardio.  Carved out into 4 partner led teams we tested our skills at Whirly ball, Dodge Ball and Lazer Tag emerging with some…