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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

Canada Revenue Agency sign that depicts prescribed rate

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

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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

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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…
Woodworking shop discussing CEBA loans

CEBA loan repayment and forgiveness deadline is tomorrow

The Canada Emergency Business Account (CEBA) loan repayment and forgiveness deadline is tomorrow:…
Business colleagues having a meeting in a transparent boardroom discussing capital gains share sales

January tax news: Claiming capital gains exemptions, reporting assets outside Canada–and more

CLAIMING YOUR CAPITAL GAINS EXEMPTION ON THE SALE OF SHARES The Lifetime Capital Gains Exemption…
Houses illustrating how CRA has simplified Underused Housing Tax

December tax news: Simplified Underused Housing Tax rules, capital gains or income—and more

OTTAWA TAKES STEPS TO SIMPLIFY UNDERUSED HOUSING TAX COMPLIANCE As discussed in our April 2023…
advisor discussing new CRA trust reporting rules

Understanding the CRA’s new trust reporting rules—including changes to bare trusts

The Canada Revenue Agency has introduced significant changes to trust reporting rules. The new rules…
end of year tax considerations

November tax news: End of year tax considerations, CEBA deadline extension–and more

END-OF-YEAR TAX CONSIDERATIONS With the end of the year fast approaching, the window for taking…
Toronto Municipal Land Transfer and Vacant Home Tax rates

Tax Bulletin: Toronto increases Municipal Land Transfer and Vacant Home Tax rates

Most Torontonians were planning to ring in 2024 with champagne and resolutions. Accounting for a…

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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