TaxBreaks

Episode 035 – Impact of August 4th Proposed Amendment to the Alternative Minimum Tax Regime (AMT)

In our firm’s latest podcast, Kenneth Keung and Kim G C Moody briefly discuss the 2023 Federal Budget proposals to amend the alternative minimum tax regime under Canadian

Episode 034 – Canada Revenue Agency Audits of COVID-era Supports

In our firm’s latest podcast, Kenneth Keung and Kim G C Moody briefly discuss Canadian COVID era supports and the fact that the Canada Revenue Agency are auditing some of

Episode 033 – Tax Considerations For Foreigners Buying Canadian Real Estate

In our firm’s latest podcast, Kenneth Keung and Kim G C Moody discuss tax issues that need to be considered when non-residents of Canada purchase Canadian real estate. Sp

Episode 032– The Canadian Frustrations When Claiming Foreign Tax Credits

In our firm’s latest podcast,  Kenneth Keung and Kim G C Moody discuss the frustrations that Canadian individual taxpayers experience when claiming foreign tax credits.  

Episode 031 – Canadians Moving to the US: Tax & Non-Tax Considerations

In our firm’s latest podcast, Kenneth Keung and Kim G C Moody discuss a topic that has becoming very prevalent in the past few years: Canadians wanting to move to the U.S

Episode 030 – A Summary of Recent Tax Policy Changes With Canadian Residential Real Estate

In our latest episode of TaxBreaks, Kenneth Keung and Kim G C Moody discuss Canadian tax considerations – including recent policy changes – with respect to Canadian resid

Episode 029 – The Supreme Court of Canada’s decision of Deans Knight: Decoding the Tax Implications

Join us for a listen as Kenneth Keung, Aasim Hirji and Kim G C Moody have a spirited and wide ranging discussion about the implications of Deans Knight. On May 26, 2023,

Episode 028 – 2023 Federal Budget Predictions

In this episode of TaxBreaks, Kenneth Keung and Kim GC Moody provide their predictions on what might be included – or not – in the 2023 Canadian Federal Budget (that will

Episode 027 – Basic Principles in Remuneration Planning For Private Business Owners

In this episode of TaxBreaks, Kenneth Keung and Kim GC Moody take it back to basic principles for owner-managers of private corporations regarding how they should pay the

Episode 026 – Year End Tax Loss Selling

In this episode of TaxBreaks, Kenneth Keung and Kim GC Moody discuss year-end tax loss selling that is very common towards the end of the calendar year. The objective of

Episode 025 – Residential Property Flipping Proposal

In this latest podcast episode, Kenneth Keung and Kim G C Moody describe the April 7, 2022, Canadian Federal Budget proposal that will introduce a new “Residential Proper

Episode 024 – The New Canadian Trust Reporting Rules

The 2018 Canadian Federal Budget introduced proposals that will require certain trusts to disclose significant information about the trust. Later in 2018, draft legislati

Episode 023 – Personal Use Assets Owned by a Corporation

As a follow up to their last podcast on the Jackman court case, Kenneth Keung and Kim G C Moody chat about the dangers of owning personal-use assets inside a corporate ve

Episode 022 – Are Pleasurable Marketing Activities a Taxable Benefit

In this podcast, Kenneth Keung and Kim G C Moody review a recent Tax Court of Canada decision – Bruce Jackman / Nancy Jackman v. HMQ 2022 TCC 73. This case is a rather en

Episode 021 – The Saga of Bill C-208 Continues

Our firm’s July 5, 2021 podcast described the saga of Bill C-208 (a Canadian private members bill that provides for inter-generational transfers of certain shares of Cana

Episode 020 – Bill C-208 and Inter-generational Transfers

On June 29, 2021, Bill C-208 received Royal Assent. The passing of this private member’s bill was a bit surprising given the rarity of such bills passing. The bill enable

Episode 019 – You Mean Preferred Shares Have to Be Treated as a Liability on my Company’s Balance Sheet?

On this episode of the podcast, Kenneth Keung and Kim G C Moody go in-depth on a topic they touched on previously in a blog post titled “Tax Planning Arrangement – When T

Episode 018 – Prescribed Rate Loans

Kim G C Moody and Kenneth Keung wrap up the 2020 year with a discussion about prescribed rate loans.

Episode 017 – Canada Emergency Rent Subsidy (CERS)

Kim G C Moody and Kenneth Keung discuss the latest federal government subsidy, the Canada Emergency Rent Subsidy (CERS). What is it and why is it necessary? Find out in t

Episode 016 – 2020 Year-End Tax Tips For Private Business Owners

Well, it’s not Christmas yet, but it’s never too late to start year-end tax planning for year 2020. In our latest TaxBreaks Podcast, Kim G C Moody and Kenneth Keung discu