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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

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…
CRA interest rates on outstanding taxes increasing

Tax Bulletin: CRA interest rate on outstanding taxes will soon reach 10%

The period of relatively low Canada Revenue Agency interest rates on overdue taxes seems like a distant…
Parliament Hill where 2023 Fall Economic Statement was delivered

2023 Fall Economic Statement runs counter to Ottawa’s claims of fiscal prudence

In the 2023 Fall Economic Statement  tabled yesterday, the federal government was keen to boast…
Couple relaxed at home discussing moving as a tax deduction

October tax news: Moving as a tax expense, having CRA penalties waived–and more

MOVING EXPENSES—AN OVERLOOKED TAX EXPENSE? Moving expenses can generate a vast array of deductible…
Row of old Victorian style brick houses with gables illustrating Underused Housing Tax extended again

Important Underused Housing Tax Update: Filing deadline extended until Apr. 30, 2024

The federal government has made an eleventh-hour announcement to extend the deadline to file Underused…
credit card debts

September tax news: Why you can be liable for a family member’s tax debts–and much more

YOU CAN BE LIABLE FOR A FAMILY MEMBER’S TAX DEBTS! There Beware of getting money, gifts or transfers…
Patrons at a coffee shop discussing the CEBA loan repayment deadline extension

Ottawa offers extension to CEBA loan repayment and forgiveness deadline

The federal government announced late last week that it is once again extending the repayment deadline…

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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