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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

philanthropic donations

March tax news: Tax-effective philanthropic donations and the benefits of life insurance

TAX-EFFECTIVE PHILANTHROPIC DONATIONS Reaching for your cheque book or credit card to make philanthropic…
House of Commons in Ottawa before the tabling of the 2023 federal budget

The 2023 federal budget: Increased deficits, new green incentives and higher taxes

The 2023 federal budget was widely projected to be one of balance and reaction: specifically, it…
Analyzing the 2023 Ontario budget with Toronto skyline in view

2023 Ontario budget warns of economic uncertainty as province’s fiscal health improves

Compared to the 2022 edition, the 2023 Ontario budget is relatively restrained in its spending commitments.…
Underused Housing Tax condo

Why you may need to file an Underused Housing Tax return

The federal government’s new Underused Housing Tax came into effect on January 1st, 2022. It introduced…
Signing shareholder agreements

February tax news: Shareholder agreements and disagreeing with the CRA

  SHAREHOLDER AGREEMENTS Whenever a private corporation has shareholders from more than…
condominium under construction to assign residential purchase agreement

January Tax News: ‘Assigning’ residential purchase agreements, tax instalments–and more

“ASSIGNING” A RESIDENTIAL PURCHASE AGREEMENT Purchasers of new homes and condominiums sometimes…
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 prescribed rate

CRA prescribed rate to increase in early 2023

Rising interest rates have touched virtually every corner of Canada’s economy. Accordingly, the…

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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