Managing a fast-growing organization and staying a step ahead of the competition requires comprehensive perspectives and the right strategic advice. Your success depends on it.

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

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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. […]

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Latest Insights

Documents for mandatory disclosure rules

New mandatory disclosure rules pose administrative challenge for some businesses

Draft legislation recently tabled by the Department of Finance could significantly complicate transaction…
transport truck and personal services businesses

CRA is scrutinizing personal services businesses. Here’s why

As devastating as the global pandemic has been, it did create a new way of thinking for businesses…
Canada Revenue Agency bare trusts reporting

CRA prescribed rate to increase in early 2023

Rising interest rates have touched virtually every corner of Canada’s economy. Accordingly, the…
a modern house subject to the Underused Housing Tax

Understanding the Underused Housing Tax

For years, housing advocates across Canada have argued that property speculation and overseas investment…
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…

“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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KRP in the news

Our partners are regular contributors in the news media, commenting on a range of issues from recent legislative developments to accounting and financial best practices for entrepreneurs. They’re also regularly invited to speak at major industry conferences, seminars and client events, where they present their diverse insights and expertise.

Stay tuned for our continuing commentary and points of view on the challenges and opportunities that matter most to you and your business.

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