Posts by wilkinson
EXPENSES INCURRED AT THE GOLF COURSE
Can I Deduct Meal Expenses Before or After a Round of Golf? April 17, 2013 Perception is reality, especially Canada Revenue Agency’s perception of legitimate business entertainment versus pleasure. Traditionally, the CRA has taken a very strict view on entertaining clients, employees, and suppliers at clubs, camps, lodges, golf courses, and on yachts. Unless your…
Read MoreCANADA PENSION PLAN
March 4, 2016 While it is always a good idea to have some retirement savings set aside, the Canadian government has programs available that can supplement your retirement income. There are two main federal government retirement programs: the Canada Pension Plan, and Old Age Security. When planning for retirement, there is some discretion as to…
Read MoreOLD AGE SECURITY
March 4, 2016 There are two main federal government retirement programs offered by the Canadian government: the Canada Pension Plan, and Old Age Security. In a previous tax tip, we discussed the characteristics of the CPP program and the impact of taking it early or deferring it to receive later. This tip will focus on…
Read More“RUMOUR HAS IT…” – CAPITAL GAINS RATES
A potential increase in the capital gains inclusion rate next budget could cause an increase in your tax bill March 14, 2017 Currently when a capital gain occurs, only 50% of the gain is considered “taxable”. For a personal taxpayer, this 50% taxable capital gain is subject to the marginal tax rates of the taxpayer;…
Read MoreTAX TIPS
March 14, 2017 “Rumour has it…” – Capital Gains Rates May 10, 2016 CRA isn’t going to send you to jail over the phone March 4, 2016 Ontario Retirement Pension Plan March 4, 2016 Old Age Security March 4, 2016 Canada Pension Plan April 17, 2013 Expenses Incurred at the Golf Course April 10, 2013…
Read MoreCareers Grow Here!
We are pleased to announce the recent promotion of Kyle Wetering, CPA, CA to the position of Assurance Manager in our Kingston office. Kyle joined Wilkinson & Company 6 years ago as a CA student. In this new position, Kyle works with new and existing clients to provide assurance, tax, and financial planning services. In…
Read MoreCongratulations To This Years Successful CFE Writers
The Partners and staff at Wilkinson & Company LLP are proud to announce that Scoot Wright, Ian Szeto, Dan Guerreiro, Tylers Klinck, and Bryer Clancy have passed the CFE, the last milestone in completing the academic requirements leading to the CPA designation. A national three-day exam, the CFE assesses candidate competencies, including knowledge, professional judgment,…
Read MoreAdrian deGroot New Partner Announcement
Adrian deGroot CPA, CA, is going to be admitted to the partnership. The Partners of Wilkinson & Company LLP are pleased to announce that Adrian deGroot CPA, CA, will be admitted to the partnership on January 1, 2019. Adrian has demonstrated leadership, professionalism, and a dedication to his community during his tenure with Wilkinson and…
Read MoreJon Tuer New Partner Announcement
Jon Tuer CPA, CA, is going to be admitted to the partnership. The Partners of Wilkinson & Company LLP are pleased to announce that Jon Tuer CPA, CA, will be admitted to the partnership on January 1, 2019.
Read MoreProvincial Government to Repeal Significant Sections of Bill 148
On October 23, 2018 the PC government under Premier Ford’s leadership announced it is introducing new legislation, “Making Ontario Open for Business Act” (Bill 47), repealing significant sections of the former Premier Wynne government’s “Fair Workplaces, Better Jobs Act, 2017 (Bill 148). Bill 47, which passed First Reading on October 23, 2018, if enacted in…
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