Johanson-Witt Professional Corp.

11/05/2025

Overcontributed to your TFSA? We can help!

TFSA overcontributions are a big problem for Canadians as the CRA relentlessly pursues the collection of penalty tax in the courts. Read on.

11/04/2025

Budget Highlights (announced):
- Funding for trades (grants, bursaries, and more)
- Up to 1,100 in refunds for personal health support workers
- Restricting non-compete clauses.

Not a bad start! Can't wait to see the actual budget in November!!

11/02/2025

Do you have a family tax plan for generational wealth management?

11/01/2025

There's no gift tax in Canada - but there is risk in gifting.

Talk to your CPA!

10/31/2025

A beneficiary can be found liable for payment of taxes unpaid by the estate.

This is why estate planning is SO IMPORTANT!

10/30/2025

Remember to make your corporate tax or GST instalment payments before the end of the month!

If you need help with that, let me know!

10/29/2025

Disabled? We *highly* recommend a registered disability savings plan (RDSP).

We're here if you have any questions.

10/28/2025

Estate planning check: Are your RRSPs configured to avoid taxation upon your death?

If not, reach out for tax planning help!

10/27/2025

US raises tariff taxes on imported Canadian goods by 10%.

This will increase the cost of Canadian goods in US markets.

10/27/2025

Tax planning 101: Split Income & Attribution Rules. Ignore them at your peril.

Want help with an income-splitting tax plan?

TaxTips.ca - Attribution rules re gifts, transfers and loans to a spouse or a related minor child which may attribute property income back to the transferor

10/27/2025

Want to sell a business? Comment if you do!

Also this is a great podcast on the topic: https://www.getjobber.com/podcast/s5e12-daniel-dixon-forrest-derr/

10/25/2025

50k refund on purchase of new-built homes? Yes, please!

The government is proposing a rebate designed to help first-time home buyers recover more of the tax they pay on a new home.