Last blog added on Friday, May 18th, 2012

Information About Ottawa Lawyer Q&A Blog

Ottawa Lawyer Q&A Blog is published by Tierney Stauffer LLP.

Recent Posts

Below is a preview of the five most recent posts from the blog Ottawa Lawyer Q&A Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!

Voluntary Disclosure Program – It’s worth considering under the right circumstances
May 11th, 2012

The Voluntary Disclosure Program (VDP) is an initiative from the Canada Revenue Agency (CRA)  designed to encourage  taxpayers to be more compliant with their income tax filings and to correct omissions or errors which may be considered “negligent” from previous income tax returns.   The VDP... Read more »

Net Worth Assessment – Avoid it at all costs
May 8th, 2012

A net worth audit is one of the most powerful techniques available to the Canada Revenue Agency (CRA) to unilaterally deem a taxpayer to have a certain amount of unreported income. The net worth audit is a method which, on its premise, assumes the taxpayer has hidden or failed to disclose annual inc... Read more »

Succession Planning – How to Plan for Passing the Torch
March 2nd, 2012

For many business owners, the phrase “succession planning” evokes images of passing the company torch to a family member. But succession planning does not necessarily mean passing a business along to one’s relative. Instead, it refers to planning the way in which you wish to exit your business... Read more »

Why You Need a Will
December 15th, 2011

Upon the breakdown of a marriage or a long-term relationship, there are a number of issues which normally need to be resolved depending upon the circumstances of the parties. These issues may include: the custody of children, child support, spousal support and the division of property. If you presen... Read more »

U.S. Estate Tax – Should You be Concerned?
December 15th, 2011

We have all heard the saying that there are two things in life that are certain: death and taxes. For tax and estate  professionals, both are always concerns but especially so for clients owning U.S. properties or assets. This is due to the U.S. estate tax. Canada does not impose an estate ... Read more »

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