Advisory Archives | Page 2 of 5 | S+C Partners LLP

Skip to content

Trump’s “One Big Beautiful Bill” and Its Impact on Canadians

Monday June 2, 2025

On Wednesday, May 21, 2025, U.S. President Donald Trump’s Republican Party passed the "One Big Beautiful Bill" Act with a vote of 215 to 214. The legislation contains extensive tax provisions to implement Trump’s taxation and spending priorities. Now in the Senate, the [...]

Get our insight

Key Updates to Employer Information Requirements

Friday May 23, 2025

Ontario's Working for Workers Act, 2023, marks a significant shift in employment standards, that introduces key updates to employer information requirements. The Working for Workers Act, 2023 The Working for Workers Act, 2023, which passed in Ontario in March 2024, is part of [...]

Get our insight

2025 Ontario Budget Announced

Friday May 16, 2025

This past Thursday, May 15, Ontario’s Minister of Finance, Peter Bethlenfalvy, announced the 2025 Provincial Budget with a plan to protect Ontario workers, businesses and jobs. Personal and Corporate Income Tax Changes Currently, the Ontario Provincial Budget does not outline any changes to [...]

Get our insight

The Alternative Minimum Tax: Understanding the CRA’s Key Changes

Wednesday May 14, 2025

The Canada Revenue Agency has announced key changes to the Alternative Minimum Tax (AMT) as a part of the 2024 Federal Budget. What is Alternative Minimum Tax (AMT)? The Alternative Minimum Tax (AMT) is an alternative method of tax calculation that ensures high-income [...]

Get our insight

Succession Planning: Understanding the new Employee Ownership Trust (EOT) legislation

Monday December 16, 2024

Canada’s new Employee Ownership Trust (EOT) legislation came in effect on January 1, 2024 and includes a temporary capital gains exemption on the first $10 million in proceeds from the sale of a company to an EOT under a “qualifying business transfer.” This [...]

Get our insight

Looking Ahead to 2025: Year-end Advice from our Client Service Leaders

Wednesday December 11, 2024

Back by popular demand... Instead of providing a summary of 2024 tax news and updates (which can be found on the CPA Canada website) we have once again invited our Client Service Leaders to answer the question: “If you had one piece of [...]

Get our insight

Transferring Real Estate to Your Adult Child

Tuesday October 22, 2024

QUESTION: What are the tax considerations of transferring real estate to my adult child and then renting it back from them? ANSWER: There are a number of reasons why a parent may consider transferring real estate to an adult child and then renting [...]

Get our insight

Claiming Long-Term Care Expenses on Tax Return

Wednesday September 25, 2024

QUESTION: My mother is going into a private long-term care facility and I will be paying about two thirds of the total cost. Can I include my portion as a medical expense on my tax return? ANSWER: You may be able to claim [...]

Get our insight

U.S. Estate Tax Considerations for Canadians

Saturday August 10, 2024

Almost every Canadian business has some connection to the U.S., whether through existing or potential customers or suppliers, or something as simple as U.S. investments held in a portfolio. One tax planning consideration that is often overlooked is the impact of U.S. estate [...]

Get our insight

Browse by Archive