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Purchasing a Business – The Lease

Purchasing a Business – The Lease Many purchasers looking to buy an existing business are aware that it is important to include in the agreement of purchase and sale that

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Are Legal Fees Deductible Expenses?

Are Legal Fees Deductible Expenses? Deduction of Legal Fees for Tax Objections & Appeals Under Canada’s self-assessment tax system, taxpayers are required to care for their tax affairs themselves, and

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Tax Court Confirms CRA’s Policy on Employees’ Employees

Tax Court Confirms CRA’s Policy on Employees’ Employees A recent Tax Court of Canada decision confirms a longstanding CRA policy—that employees can only claim expenses for an assistant or substitute

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