When Are Gifts or Inheritances Taxable?

When Are Gifts or Inheritances Taxable?

There is no "gift tax" in Canada.  Any resident of Canada who receives a gift or inheritance of any amount from almost any source (except from an employer) will not have to include this in their income.  However, if capital property (e.g. real estate, investments) is...

Dealing with the effects of a challenging tax year

Dealing with the effects of a challenging tax year

Financial advisors are bracing for the fallout from an unprecedented taxation year and preparing for calls from clients who may be facing hefty tax bills or the prospect of an audit. According to data from the federal government, the Canada Revenue Agency (CRA)...

The tax consequences of leaving Canada permanently

The tax consequences of leaving Canada permanently

From assets and property to personal ties, several factors will affect your taxation so detailed planning needs to be done in advance of the move About three million Canadians currently live outside the country. And many others contemplate making a move at some point...

Tax highlights from Budget 2021

Tax highlights from Budget 2021

The budget was missing big-ticket tax changes but Jamie Golombek says there’s “something there for everyone” After more than two years without a federal budget, there was no shortage of speculation about what the long-awaited document tabled on Monday would contain....

How To Get Your Best Tax Return Ever This Year

How To Get Your Best Tax Return Ever This Year

I’ve always been overzealous when it comes to filing my tax return. I’m one of those people who does it on the first day the Canada Revenue Agency (CRA) allows us to. (By the time you read this, I'll have filed already.) But I’m aware not everyone is as eager as I am....

What Our Clients Say About Us

For any growing company it is imperative to align yourself with business partners that have credibility, integrity and most importantly that you can count on. Paul and the JPDO team have been a solid partner with us for over 5 years. It makes our life so much easier to be able to delegate some of the more complex accounting issues , and also have outstanding QuickBooks technical support under one roof.

I highly recommend Paul and his team for any company that wants to spend their time on what grows the business, not what bogs you down.

Bob Moreau

President, Clockaudio North America Inc.

Excellent service, JPDO has proven to be diligent, knowledgeable, and pro-active.The JPDO Team has been an integral part of our bookkeeping and accounting operations for years and has allowed our Company to; confidently outsource this area of our operations to them. In addition to day-to-day bookkeeping, tax, and year-end Tax filings, Paul is always available for higher-level advice and consultation.

Garvin Ferdinand

Vice-President, Ruveneco Inc

JPDO helped Academics Without Borders, a Canadian charity, set up QuickBooks in the cloud and donated his time and the software to AWB. We at AWB cannot thank Paul enough for his generosity.

Steven Davis

Director, Academics Without Borders

Paul and his team have done a great job organizing the accounting process of my client to ensure that they have reliable monthly financial reports.

Jacob Altman

CPA, CA Associé Partner , Bessner Gallay Kreisman S.E.N.C.R.L. | LLP

JPDO has been our accountant for over a decade now and they have always lived up to their promise of excellence.

Jeff Arnold

Partner , Harris Arnold Consulting Ltd.

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