by Katherine Bello | Apr 19, 2024 | Uncategorized
On April 18, 2024, the Ministère des Finances du Québec announced its intention to amend Québec’s tax legislation and regulations to incorporate, with adaptations on the basis of their general principles, measures relating to: the increase in the lifetime capital...
by Katherine Bello | Apr 19, 2024 | Uncategorized
Canada’s 2024 Federal Budget (Budget 2024), delivered by Deputy Prime Minister and Finance Minister Chrystia Freeland on April 16, 2024, addresses critical economic challenges faced by Canadians and businesses. Audit & enforcement measures The government...
by Katherine Bello | Feb 9, 2024 | Uncategorized
Joseph Mueller CPA to join LCA CPA LLP creating powerhouse service provider for Québec’s private companies s “We are thrilled to welcome Joseph Mueller CPA to the LCA family,” says Gavin Correa CPA auditor, Partner. Our organizations share a common vision...
by Katherine Bello | Feb 9, 2024 | Uncategorized
We have sent out numerous updates about trust, in trust, and bare trustee reporting. If any of these situations apply to you and we are NOT aware of it, please contact your LCA advisor: 1. Trustee of a formal trust 2. Hold an in-trust account for someone else. a. ...
by Katherine Bello | Jan 25, 2024 | Uncategorized
Dear clients and contacts of LCA, We have previously written about the new trust reporting rules which impose additional filing requirements for most trusts, many of which were previously exempt from filing a T3 Trust and Income Tax Return with CRA. We want to remind...