Knowledge
Thoughts, opinions and trends – everything, all in one place.
40 result(s)
B.C. Manufacturing and Processing Investment Tax Credit
April 24, 2026 – A new refundable tax credit was introduced in Budget 2026. The tax credit is intended to incentivize capital investment in […]
2026 Changes in SR&ED: Largest Expansion in Decades
April 07, 2026 – Bill C-15, the Budget 2025 Implementation Act, No. 1 received royal assent on March 26, 2026 and will be enhancing the SR&ED program by increasing the federal expenditure limit
Alternative Minimum Tax and Sale Transactions
April 06, 2026 – Significant changes were introduced to the alternative minimum tax (“AMT”) regime effective for the 2024 taxation year, impacting many high-income individuals and certain trusts that may not have been subject to AMT prior to 2024.
Tax Planning for SaaS Companies: What You Need to Know
January 23, 2026 – Tax planning for SaaS companies in Canada requires more than standard compliance; it demands a strategic, forward-thinking approach tailored to […]
Tax Tips for 2025 Year-end
December 08, 2025 – With the close of 2025 approaching, it is time to proactively assess your current financial standing and implement key strategies to minimize your tax burden and set a strong financial foundation for the coming year. The tax tips in this blog offer tax-saving advice, compliance insights, and financial optimization opportunities tailored for individuals, business owners, and employers.
Tax Facts and Figures – December 2025
November 06, 2025 – Tax Facts and Figures is produced by Welch LLP® as an information service with the understanding that it does not render accounting, legal or other professional advice.
Important Update for Canadian Non-Profits: New Tax Filing Rules Coming in 2026
September 19, 2025 – The Ministry of Finance has proposed new rules that will impact the tax filing requirements of not-for-profit organizations. If passed, these changes will apply to fiscal years starting on or after January 1, 2026.
Payments to Subcontractors – What are my obligations?
August 18, 2025 – While your business may not fit the traditional image of the construction industry, the CRA applies a broad interpretation of what constitutes construction activities. This can expose unsuspecting businesses to significant penalties if they fail to meet T5018 reporting obligations.
Trust 21-Year Anniversary Planning and Wind-up Considerations
May 13, 2025 – Trusts are widely used in tax planning for a variety of reasons, including their flexibility in managing and distributing assets, their ability to facilitate intergenerational wealth transfers, and their role in tax deferral and minimization strategies.
Relief from Capital Gain Inclusion Rate Increase
February 03, 2025 – The ongoing saga of the proposed increase in the capital gains inclusion has finally come to an end – for now. Given the uncertainty created by this situation, the Department of Finance’s announcement to defer this change is welcome relief. That said, taxpayers will want to consider how this about-face impacts their particular situation, including:
HOOPP for Incorporated Doctors – Some Non-Financial Considerations
February 03, 2025 – As I noted before, the decision to join HOOPP involves more than just evaluating the financial benefits (see our January Blog). While the financial aspects are crucial, there are several non-financial factors that you should consider:
Spousal Loan Arrangements – A Sophisticated Tax Planning Tool in Canada
January 23, 2025 – Among the various strategies available, spousal loan arrangements stand out as a sophisticated and legal way to reduce overall family […]