Entries by eruditelaw

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Employment Expenses

Employee deductions and expenses as an owner-employee. While employees at arms-length have been permitted to deduct certain employment expenses pursuant to section 8 of the Income Tax Act, the Canada Revenue Agency has taken issue with employees who are also shareholders of the corporate employer.  That is, employees who are sole directors, shareholders and officers […]

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Ontario Door-to-Door Sales Ban

Bill 59, lovingly called the “Putting Consumers First Act (Consumer Protection Statute Law Amendment)” will make some sweeping changes to the Consumer Protection Act of Ontario on March 1st, 2018. A quick summary of the Ontario Consumer Protection Act The Consumer Protection Act covers most common consumer transactions and provides specific rules and regulation that […]

Probate and Probate Fees: What you need to know.

What is Probate? To put it in the simplest terms, Probate is the Court Process by which a Will is authenticated, and through it an executor is issue a “Certificate of Appointment of Estate Trustee with a Will”.  This certificate gives the executor  the authority to act on behalf of the estate. It is essentially […]

Professional Corporations: Are they right for you?

Many business owners decide to incorporate, as they grow, to take advantage of the numerous benefits of incorporation. What fewer business owners are aware of is that if members of certain professions decide to incorporate in order to render their professional services, they are often required to do so as professional corporations. These professional corporations […]

Canada 150 Promotion on Wills and Powers of Attorney!

Book an intake for your Will with Erudite Law before Labour Day and receive $150.00 off of our regular price.  Couples: $500.00* for 2 mirror Wills, 2 Powers of Attorney for Personal Care, and 2 Powers of Attorney for Property. Individuals: $250.00* for 1 Will, 1 Power of Attorney for Personal Care, and 1 Power […]