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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-US business and CTA beneficial ownership reporting requirements suspended

U.S. judge suspends Corporate Transparency Act and beneficial ownership reporting rules

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A significant compliance requirement for Canadian companies with subsidiaries in the United States…
2024 Fall Economic Statement and business friendly measures

2024 Fall Economic Statement sees deficit skyrocket, introduces business-friendly measures

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Canadians were gifted far more excitement than anticipated yesterday as they awaited the tabling…
Parliament Hill where the Canada Revenue Agency recently announced a lower prescribed rate

Canada Revenue Agency prescribed rate drops to 4 per cent for Q1 2025

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The Canada Revenue Agency prescribed rate will decrease to 4 per cent for the first quarter of 2025—the…
Federal GST/HST relief at a shopping mall in Canada

Federal GST/HST relief legislation passes in House without planned tax rebate

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The federal legislation implementing the GST/HST holiday on select items, which will be in place…
Federal GST/HST relief at a shopping mall in Canada

Ottawa proposes holiday season HST relief, along with tax rebate for early 2025

In the wake of the Ford government’s decision to issue $200 tax rebates to most Ontarians in early…
Interior of Parliament in Ottawa, where the capital gains inclusion rate change awaits royal assent

Update: CRA offers relief as capital gains rule changes have yet to receive royal assent

As the Notice of Ways and Means Motion that will implement the federal government’s increase to…
Queen's Park in Toronto, where the 2024 Fall Economic Statement was tabled

2024 Ontario Fall Economic Statement promises $200 rebates, projects better fiscal outlook

The Ontario government yesterday tabled the 2024 Fall Economic Statement, notable for a sunnier fiscal…
Electric vehicle charging illustrating carbon tax rebate

What Ontario SMEs can expect from upcoming federal carbon tax payments

Ottawa has upheld its long-delayed carbon tax commitment to refund a portion of federal fuel charge…
Canada Revenue Agency sign that depicts bare trust exemptions

Bare trust filing exemption announced for 2024

The rules around bare trust reporting are shifting again. The Canada Revenue Agency yesterday announced…

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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