Unlocking the Power of Section 85 Rollovers Imagine you’ve spent years building your family business—your life’s work. It’s grown beyond what you ever dreamed, and now you’re looking to take the next step. Maybe you’re thinking about incorporating your business,…
Imagine this: Your family-owned business, started as a small operation, has grown into a thriving enterprise. With new opportunities on the horizon, you start wondering how to protect your personal assets, reduce taxes, and position the business for future growth…
In the realm of Canadian tax law, Section 85 rollovers are a nuanced and essential tool for property transfers to a corporation. At Shajani CPA, our unique blend of CPA and LLM expertise makes us exceptionally qualified to navigate these…
Transferring property from yourself to your corporation or from one corporation that you own to another could result in a tax liability if not done correctly. This is usually done through a section 85 rollover, however there are several considerations…
Transferring property from yourself to your corporation or from one corporation that you own to another could result in a tax liability if not done correctly. This is usually done through a section 85 rollover, however there are several considerations…