After outcry from entrepreneurs, federal budget introduces watered-down passive income rules

  Owners of small and medium-sized businesses across Canada can finally breathe a sigh of relief. For the most part, they’ve won this round in the ongoing fight with the federal government to halt contentious tax reforms for corporations. Indeed, the 2018 federal budget will be remembered for what it didn’t do, rather than introducing […]

2016 Federal Budget Commentary

Key themes from the 2016 federal budget: Economic growth, job creation and a strong middle class When the new government said last year that it would return Canada to deficits, few expected the numbers to jump to nearly $30 billion this year and next, adding $100 billion in debt over the next five years. But […]

Non-arm’s length loan interest deadline looming

We want to take this opportunity to remind clients that they need to ensure that all interest payable on all outstanding non-arm’s length loans is paid on or before January 30th, 2015. In 2014 or earlier, you may have made a loan to a grandparent, parent, spouse, sibling, child or grandchild for the purpose of […]

Marshall Egelnick named Managing Partner

We’re proud to introduce Marshall Egelnick as Kestenberg Rabinowicz Partners LLP’s new Managing Partner. Marshall, a KRP partner since 1980, will divide his efforts between core leadership duties such as team management, business development and growth strategy, while continuing to manage a diverse client portfolio. Marshall brings nearly 40 years of experience as a chartered […]

KRP develops AODA policy

We’re proud to announce that KRP has developed a compliance policy under the Accessibility for Ontarians with Disabilities Act (AODA). According to the Ministry of Economic Development, Employment and Infrastructure website, AODA sets “out a clear goal and timeframe to make Ontario accessible by 2025. The Act lays the framework for the development of province-wide […]

KRP Launches New Website

Welcome to the new KRP website. We’ve spent several months refining a new look for our online platform and we hope you like the results. The new and improved offers a range of new features including mobile responsiveness—making it easy for you to read about us on any mobile device—improved navigability and greater interactivity. […]