tax strategy

track and field athletes at 2024 Games illustrating strategic business lessons

Strategic (and actionable) business lessons from the 2024 Games

When the last race has been run, the final hurdle cleared and the cauldron extinguished until next time, we’ll be left with countless unforgettable memories from the Paris 2024 Olympics. And the Games featured many for Team Canada—from Summer McIntosh’s multi-medal, in-pool dominance to surprise track and field victories from the likes of hammer throwers […]

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Toronto skyline illustrating growth in 2023

Celebrating another year of growth and client success at Adams + Miles

Each year we’re proud to celebrate our achievements as a firm—and once again, the Adams + Miles team took some major steps forward. From operations to international networking to overall firm-wide growth, 2023 has been a year to remember. I want to start by offering a heartfelt ‘thank you’ to our clients. You are the

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International tax compliance looking at New York skyline

Pay attention to these 7 international tax compliance points when going global

For many Canadian CEOs, success in their domestic market is only the first step in a longer journey of business expansion. The more lucrative target can be international markets—often beginning with the U.S. (most Canadian companies’ natural next step for global growth) before looking further abroad. When they make that cross-border leap, however, business leaders

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Accountant doing trust reporting to Canada Revenue Agency

New trust reporting rules apply to trusts wound up in 2023

The federal government’s new trust reporting rules and failure to comply penalties apply to most inter-vivos trusts for taxation years ending on or after December 31, 2023. In the case of trusts that no longer serve a useful purpose, some trustees may believe they can avoid these new rules by distributing all assets to beneficiaries

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Meet the A + M team Michael and Peter Kozikowski

Meet the Adams + Miles team: Peter and Michael Kozikowski

Welcome to our new blog series: Meet the Adams + Miles team. In the coming months, we’ll be introducing you to some of our team members, sharing their professional stories and details about their experience and expertise. We wanted to kick off the series with a very unique story—a profile on the Adams + Miles

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Toronto Skyline

Understanding the new 1 per cent Underused Housing Tax

The Underused Housing Tax (“UHT”) imposes a mandatory tax return filing obligation and potential tax liability on most owners of Canadian residential properties.  A residential property generally refers to a detached house, duplex, triplex, semi-detached house, rowhouse unit, residential condominium unit or other similar premises containing a private kitchen, bath and living area.  An owner of

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Large airplane wing

Looking for international growth outside of Canada? Here’s what to consider

Organizations aiming to expand outside of Canada have the potential for exponential international growth. But all too often, leaders underestimate the complexities and time commitment involved. Small to medium-sized businesses that jump too rapidly or aggressively into international growth can face disappointment and crippling expenses. Even major corporations can downplay the challenges involved. Just ask

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