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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 forms, Canadian currency, prescribed rate

Canada Revenue Agency prescribed rate holds steady for Q4 2023

The Canada Revenue Agency prescribed rate will remain unchanged at 5 per cent for the fourth quarter…
shareholder remuneration

August tax news: Shareholder remuneration, mandatory disclosure rules–and more

SHAREHOLDER REMUNERATION: AN OVERVIEW There are many ways a corporation can get corporate funds…
Business owning family discussing capital gains exemption

July tax news: Capital gains and the family business, borrowing from RRSPs–and more

THE FAMILY BUSINESS AND THE CAPITAL GAINS EXEMPTION People wishing to pass on a family business…
Aggressive tax planning dominoes

June tax news: Aggressive tax planning gets more risky, UHT deadline extended–and more

AGGRESSIVE TAX PLANNING GETS MORE RISKY   The government has been taking more and more measures…
Canada Revenue Agency bare trusts reporting

Canada Revenue Agency prescribed rate remains unchanged for Q3 2023

The Canada Revenue Agency has announced that the prescribed rate for the third quarter of 2023 will…
Compass symbolizing tax shelters in Canada

May tax news: Tax shelters, Budget 2023 proposals, FHSA details–and more

TAX SHELTERS AND RELATED ISSUES – SALIENT POINTS TO KEEP IN MIND Tax Shelters are the stuff…
rResidential property risk from the Underused Housing Tax

April tax news: Residential property risk, bare trust dangers & taxable tips

RESIDENTIAL PROPERTY WARNING — HUGE PENALTIES!! Are you involved with a residential property…
Ottawa announces prescribed rate loan increase

Canada Revenue Agency prescribed rate increases for Q2 2023

For the fourth consecutive quarter, the Canada Revenue Agency  prescribed rate has increased by…
625 Cochrane Drive on KRP's anniversary

KRP LLP: Celebrating our 50th anniversary and a new office location

There are relatively few businesses that have the pleasure of celebrating a 10-year anniversary,…

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.

Economy Insights

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