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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

residential property flipping

November tax news: Property flipping, rules around investment income in a corporation–and more

RESIDENTIAL PROPERTY FLIPPING If you buy a home or condo, and then sell it soon after you get…
trust reporting rules delayed

Changes to federal trust reporting rules delayed again

In a recent blog, we detailed the government’s proposed new trust reporting rules that were due…
office workers discussing 2022 Ontario Fall Economic Statement

Ontario’s 2022 Fall Economic Statement offers tax cuts for small businesses

The Ontario government released its 2022 Fall Economic Statement this week, with Doug Ford’s Conservatives…
Fall Economic Statement discussed in Toronto business district

Fall Economic Statement 2022 pledges fiscal responsibility while delivering new spending

Inflation remains stubbornly high, holiday season labour shortages are likely to cause havoc for…
disability parking space

October tax news: Qualified disability trusts, gifts of property–and more

QUALIFIED DISABILITY TRUSTS A qualified disability trust (“QDT”) is a testamentary trust that…
Home business

September tax news: Starting a home business, offshore bank accounts–and more

STARTING A HOME BUSINESS Are you considering starting a home business? Here are some planning…
person holding a phone showing employee stock options

August tax news: Employee stock options, understanding GAAR–and more

EMPLOYEE STOCK OPTIONS   Many readers are likely aware how these employee stock options work. In…
Government of Canada benefits

CRA’s prescribed rate set to increase again in Q4 2022

In the wake of its doubling on July 1st, 2022, the Canada Revenue Agency’s prescribed rate will…
Farming fuel tax credit

July tax news: Farming and air quality tax credits, taxation of accounts receivable–and more

FUEL CHARGE CREDIT FOR FARMING BUSINESSES The federal government recently introduced a refundable…

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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