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Last fall, the Hogg, Shain & Scheck team attended a play by CORPUS, one of the firms NPO clients. House Guests is an adventurous creation, hosted in the artistic director’s own home. The interactive performance took the team through David Danzon’s home, only to reveal ghosts, childhood games, fairy tales, dreams and much more mysterious
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The Federal Government’s 2018 Budget touts Canada’s strong economic growth over the past two years, including real GDP growth of 3.2 per cent since the second quarter of 2016, an unemployment rate of 5.9 per cent, and significant improvements in average weekly earnings, consumer confidence, and household consumption. Add to first paragraph, after 1st sentence:
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Firstly, the following personal tax credits have been eliminated for Federal tax purposes: The Education and Textbook tax credit; The children’s fitness and arts tax credits; and, The public transit tax credit – this credit was eliminated effective July 1, 2017. Therefore, one can make a claim for the period January 1, 2017 to June
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Overview of the Non-Resident Speculation Tax Effective April 21, 2017, the Government of Ontario introduced the Non-Resident Speculation Tax (the “NRST”). The NRST is a 15% tax on the value of consideration paid to purchase or acquire an interest in residential property located in the Greater Golden Horseshoe Region (the “GGHR”) by any of the
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We are pleased to highlight a couple of advancements to the HSS team members you already know. Alex Briganti has been appointed a Partner after spending more than a decade working with and supporting, privately owned businesses. Along with this core focus, Alex will be contributing to growing the not-for-profit practice. We are also delighted
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The disability tax credit (the “DTC”) is a non-refundable tax credit designed to help defray the unavoidable costs associated with an individual’s disability. The DTC is available either to the person with the disability, or to a person supporting the disabled person. For the 2018 year, the federal disability amount is expected to be approximately
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On December 6th, Andersen lead a small group of business owners on a interactive session to “Get Ready for 2018! Some discussion themes discussed included: (see attached handout) -the business cycle -interest rates, inflation, the Canadian dollar, business conditions -possible surprises (oil, housing, wage costs) Peter Andersen is an independent consulting economist, specializing in applied
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On July 18, 2017 Finance Minister Bill Morneau released his much anticipated consultation paper proposing changes to how private corporations are used to gain tax advantages. The proposals outlined in the consultation paper are significant and will affect everyone who owns a private corporation. The following three items are targeted in the consultation paper: ·
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On October 16, 2017 the Federal Government announced a number of proposed changes affecting small business corporations. First, the small business tax rate will be reduced from 10.5% to 10%, effective January 1, 2018 and to 9%, effective January 1, 2019. Second, the government intends to proceed with the proposed income sprinkling rules, although with
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February 28: T4,T4A,T5 slips and summaries March 1: Last day for 2017 RRSP contribution April 30: Personal Tax Filing Deadline April 30: Payment Deadline for Individuals and Sole Proprietor June 15: Sole Proprietor and Partnership Return Filing Deadline T3 Trust Return Filing Deadline: 90 days after the trust’s tax year-end Corporate Tax Returns are due
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Dora Awards Support, HSS sponsoring awards again this year! The 38th annual Dora Mavor Moore Awards celebrates the accomplishments of professionals in the performing arts community. The Awards ceremony will be held on June 26th at the Elgin Theatre and will be hosted by Raoul Bhaneja. Some of the awards come with a cash prize
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Hogg, Shain & Scheck are proud to be gold level supporters of The Writers Guild of Canada Screenwriting Awards, which were held April 24, 2017 at the Telus Centre’s Koerner Hall. HSS aims to recognize the achievements of Canadian screenwriters and the local theatre community in their accomplishments within Canada and Toronto, respectively. The WGC
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