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Congratulating this year’s successful class of Common Final Examination writers

Every year we have the opportunity to welcome new team members to the KRP LLP family. And every year we’re reminded of the wealth of talent across Canada’s accounting industry—not to mention the passion and commitment to service excellence that these young professionals bring to our firm and our sector. Their dedication is truly inspiring. […]

Latest Insights

executors executing last will and testament of a client

April tax news: Tax strategies for estate executors, taxes on crypto–and more

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TAX CONSIDERATIONS FOR EXECUTORS   Being asked to be the Executor of someone’s estate is a…
Parliament Hill in Ottawa after Budget 2024 was delivered

Federal Budget 2024 raises capital gains inclusion rates, continues major deficit spending

The raft of ambitious new federal spending commitments in the lead up to Budget 2024 were designed…
advisor discussing new CRA trust reporting rules

Ignore erroneous $100 fines for on-time trust filing, CRA says

Some taxpayers who were required to file a trust return for 2023 may have been surprised to discover…
CRA bare trusts reporting

Tax update: CRA exempts bare trusts from new trust reporting requirements

In an abrupt change of policy, the Canada Revenue agency has announced that it will exempt bare trusts…
trust return filing

March tax news: Trust return filing, estate freezes, TFSA limits–and more

DEADLINE PENDING!  MUST YOU FILE A TRUST RETURN? We have written before about the new trust reporting…
Queen's Park in Toronto where the 2024 Ontario Budget was presented in March

2024 Ontario Budget spends big on infrastructure as province’s fiscal health weakens

If last year’s budget was about restraint, the prevailing theme at Queen’s Park yesterday was…
Canada Revenue Agency sign that depicts prescribed rate

Canada Revenue Agency prescribed rate remains at 6% for Q2 2024

The Canada Revenue Agency prescribed rate will remain at 6 per cent for the second quarter of 2024…
Lawyer discussing a family trust with his clients

February tax news: Benefits of a family trust and a last call for 2023 RRSPs

THE BENEFITS OF ESTABLISHING A FAMILY TRUST Estate planning is an important consideration for…
KRP LLP Partner Vincy Vuong and Director, Tax Jenya Fourman

KRP welcomes new Partner Vincy Vuong; Jenya Fourman promoted to Director, Tax

If 2023 was the year to celebrate our 50th anniversary as a firm here at KRP LLP, 2024 is about looking…

Volvo of Mississauga has retained KRP for our corporate and personal accounting services for over 35 years. We have a one-on-one relationship with the people who manage our accounts, many who have been with KRP for years. They know and understand our business and offer creative ideas on how we can grow in new directions.

Robert McMillan
Dealer Principal of Volvo of Mississauga McMillan & Saunders Inc.

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