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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

Peace Tower at Parliament in Ottawa where capital gains inclusion rate changes have yet to receive royal assent

Implementation of new capital gains rules remains uncertain

The federal government’s decision earlier this year to increase the capital gains inclusion rate…
A social media influencer discussing the tax implications of her side hustle

September tax news: Tax implications of a side hustle, new GAAR rules in force–and more

THE TAX IMPLICATIONS OF YOUR SIDE HUSTLE Nowadays, a lot of people are using a side business…
Prescribed rate

Canada Revenue Agency prescribed rate holds steady for Q4 2024

  The Canada Revenue Agency prescribed rate will remain at 5 per cent for the fourth quarter…
Business people in Canada walking and discussing Capital Gains Inclusion rate changes

August tax news: The impact of new capital gains rules–and more

HOW DO THE NEW CAPITAL GAINS RULES AFFECT YOU? In April, as part of the Federal Budget, the finance…
Person earning tax-free income

July Tax News: Earning tax-free income, GST-HST quirks–and more

WOULD YOU LIKE SOME TAX-FREE INCOME? There are several kinds of income and  benefits that are…
Federal government housing plan

June tax news: The federal housing plan, CRA information demands–and more

THE FEDERAL GOVERNMENT’S HOUSING PLAN The Liberal government’s Budget of April 16, 2024 (budget.canada.ca)…
person on escalator symbolizing capital gains inclusion rate increase

Capital gains inclusion rate changes align with those proposed in Budget 2024

When the federal government this week tabled a notice of ways and means motion providing technical…
Person quitting a job

May tax news: The tax cost of leaving (or losing) your job, deducting interest–and more

THE TAX COST OF LEAVING (OR LOSING) YOUR JOB     What happens for tax purposes if you leave…
CRA prescribed rate

Canada Revenue Agency prescribed rate drops to 5 per cent for Q3 2024

  For the first time in nearly two years, the Canada Revenue Agency prescribed rate will…

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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