Proposed Strategies Aimed at Private Corporation Tax Planning from the Department of Finance

On July 18th, 2017, Finance Minister Bill Morneau announced the next steps the Department of Finance would be taking to improve the fairness in the Canadian tax system. The government’s objective is to address tax strategies used by high-income individuals through private corporations to gain “tax advantages.” The three scenarios specifically addressed in the draft legislation that […]

2017 federal budget highlights, accountants vancouver

2017 Federal Budget Highlights

For our clients, we offer these 2017 Federal Budget Highlights. Finance Minister Bill Morneau released his second Canadian Federal Budget titled “Building a Strong Middle Class” on March 22, 2017 which continues to focus on innovation and skills development and to expand the tax base by taking aim at certain tax loopholes and perceived aggressive […]

US Section 385 Final and Proposed Debt Equity Rules: Some Breathing Room

US Tax Alert: The IRS finalized the proposed regulations issued in April 2016 with Final and Proposed Regulations issued on October 13, 2016, after receiving more than 200 comments and concerned letters from members of Congress.  They backed off some of their harsher, proposed rules, in some cases eliminating parts of the rule, providing additional […]

expatriate tax rules, expatriate tax preparation vancouver bc, expatriate tax services

Thinking of Leaving the US? Know the Expatriation Tax Rules

It’s no secret that many Americans living in Canada are unhappy with their U.S. tax compliance costs and information reporting burdens. For those that are voting with their feet and renouncing their U.S. citizenship(i) or terminating their long-term U.S. residency(ii) (“expatriating”), careful planning should be undertaken prior to expatriating to avoid costly surprises. A few […]

good governance for tech startups, building a board for tech startups

Good Governance for Tech Startups

The tech sector continues to grow healthily. It is a competitive marketplace where companies hustle for position, each with their own idea and end goal of starting to generate profitable revenues. A significant number of start-ups continue to receive funding to assist their research, testing and ultimate release of new products. Amid all the excitement […]

Our US Tax Group is Growing!

DMCL CPA is pleased to announce that Rick Bennett Tax Services Ltd., has joined our US Tax Group. Rick Bennett brings over 30 years of experience in Canadian and US cross-border taxation services. With our combined experience and expertise, our US Tax Group is committed to providing a wider range of US tax services to our […]

Join us in welcoming Brian Legge to the partnership

DMCL CPA is pleased to announce that Brian Legge, CPA, CA has been admitted to the partnership effective January 1, 2017.  Brian joined DMCL as an articling student in 2001. He received his CA designation in 2006. Brian has over 16 years of experience providing accounting, assurance, tax and business advisory services to owner-managed businesses, not-for-profit […]

2016 Personal Income Tax Return Checklist

Organizing your Personal Income Taxes  Our Personal Tax Return Checklist is designed to help you make this process as easy and efficient as possible. It also assists us in ensuring that we have information that is as complete and accurate as possible to ensure your taxes are minimized and correctly reported. If you have any […]

Congratulations to our 2016 CFE Writers

DMCL CPA is proud to congratulate our 2016 CFE writers! DMCL partners and staff are proud of your dedication and hard work. We look forward to your future achievements as valuable members of our team. Left to Right: Christina Chi, Karen Gill, Carly Matheson, Alex Akeroyd, Heather Sim, Margaux Hennebery, and Karen Luu.