Author Archives: Lisa Johnson

Tax Tips & Traps 4th Quarter – Issue 124

Highlights: Tax Ticklers Retaining Employment Insurance (EI) Benefits: Starting Part-Time Work Director’s Liability: Helping Out Family Tax On Split Income (TOSI): Can I Take a Salary Instead of a Dividend? Active Business vs. Property Income: Music Royalties Contractor vs. Employee: Agreement on Contractor Status Is Not Enough Divorce Settlement: Family Business Tax Tips and Traps […]

Categories: Tax

Tax Tips & Traps 3rd Quarter – Issue 123

Highlights: Tax Ticklers Subsidized Meals: Are They a Taxable Benefit? Employer-Sponsored Social Events: After the Party Personal Use of Business Aircraft: How Big of a Taxable Benefit Is It? Directors: Can They Be Liable for Corporate Income Taxes? Interest on Delinquent Accounts: Proper Disclosure on Legal Documents Donation Receipts: How Complete is Complete? Interest Deductibility: […]

Categories: Tax

New Canvas of Life

We are a proud partner of the @NewCanvasofLife event taking place at the @GrandTheatre on Tuesday, May 29 in support of the Multi-Organ Transplant Program at LHSC. Tickets are still available to see Juno award-winning @Ron Sexsmith. Get your tickets today at https://www.grandtheatre.com/event/new-canvas-life

Tax Tips & Traps 2nd Quarter 2018 – Issue 122

Highlights: Tax Ticklers Digital Currency: Basics and Tax Implications Family Members: Can I Pay Them a Salary? Corporate Passive Investment Income: Proposed Changes Reasonable Automobile Allowances: GST/HST Claim Construction Activities: Reporting Obligations for Subcontractors U.S. Citizens: Risks of Tax Non-Compliance CRA Mobile Phone Apps: Individuals and Businesses Tax Tips and Traps 2nd Quarter, Issue 122

Categories: Tax

Tax Tips & Traps 1st Quarter 2018 – Issue 121

HIGHLIGHTS: Tax Ticklers Income Sprinkling: Where Are We Now? Input Tax Credits: Checking Up On Suppliers Marijuana: A Growing Industry Loans To A Relative’s Business: What Happens When It Goes Bad? Business Failure: Personal Liability for Corporate Tax Debt Commission Paid To A Corporation: Any Issues? Tax Tips & Traps 1st Quarter 2018 – Issue […]

Categories: Tax

Congratulations!

Highly Motivated Professionals Congratulations to our successful CFE writers Jacob Perry, Mary Jane Miller and Blake Gough The future is bright for this talented group of professionals on their way to becoming Chartered Professional Accountants! Jacob, Mary Jane and Blake all started with GSE at our St. Thomas office through their university co-op placements. Blake […]

Congratulations!

Congratulations Megan! Megan joined GSE in 2008 as a manager in the Aylmer office and will become an associate in 2018. She enjoys providing assurance, accounting and taxation services to clients in a wide range of sectors, including owner-managed small business, manufacturing and not-for-profit. Megan strives to provide solid client service and believes in building […]

Tax Tips & Traps Fourth Quarter 2017 – Issue 120

Highlights: Tax Ticklers Business Loss or Personal Venture: Can I Deduct Losses Against Other Income? Guaranteed Income Supplement: Change in an Individual’s Circumstance Charity Filing and Compliance Obligations: The CRA Has Checklists to Help Dying Without A Will: Who Can Manage the Deceased’s Tax Affairs? Operating A Business In The U.S.: The IRS is Targeting […]

Categories: Tax

Tax Tips & Traps Third Quarter – Issue 119

Highlights: Tax Ticklers Tax For Private Corporations:  Major Changes Proposed Employee Discounts On Merchandise:  Change in CRA Policy Death Benefits:  Tax-Free Employment Benefit Retirement Income Calculator:  Ensure you are Financially Ready Return of a Gifted Property:  Charitable Organizations Beware Voluntary Disclosure Program:  Proposed Tightening Withholdings On Remuneration To Non-Resident:  Get your CRA Filings Correct Professional’s Work […]

Categories: Tax