Legal News Report

Obtain Excellent Results in Tax Appeals

Many clients are not aware of the procedures involved in commencing and proceeding with an Income Tax Appeal. The Income Tax Act of Canada stipulates the normal periods for reassessing a taxpayer. However, the Canada Revenue Agency may assess or reassess a taxpayer at any time, if the taxpayer or the person filing the return has made any misrepresentation that is attributable to neglect, carelessness or willful default, or has committed any fraud in filing the return or in supplying any information under the Act. To access Part 2 of our latest Legal Business Report dealing with this topic, click here.

Alpert Law Firm has a reputation for resolution of disputes and for getting excellent results for our clients in a cost-effective manner. Howard Alpert, C.S. achieves the most favourable resolution of disputes for his clients, whether through negotiating timely and reasonable settlements with the CRA or by vigorous representation in court. For more information on our Tax Litigation services, click here.

Allowable Business Investment Losses

While a capital loss can only be deducted against a taxable capital gain, an ABIL may be deducted against all other ordinary income including taxable capital gains, thereby receiving significantly better tax treatment. To read Part 1 of our most recent Legal Business Report on this topic, click here.

In a precedent setting decision, Alessandro v. Her Majesty the Queen, the Associate Chief Justice of the Tax Court of Canada allowed an ABIL claim made by a taxpayer, represented by Howard Alpert, C.S. To access information regarding our Tax Litigation services, click here.

Alpert Law Firm are the Tax Law Professionals, with over 40 years' experience in winning leading cases and a reputation for getting excellent results for your clients. Our Team has superior case management skills and achieves the most favourable resolution of disputes for our clients, whether through negotiating timely and reasonable settlements or by vigorous representation in court. For more information on our Tax Dispute Resolution services, click here.

Freeze Your Assets

Wealth preservation often involves the creation of holding companies, a corporate reorganisation and the implementation of an estate freeze. Such planning regularly requires the preparation of wills, trusts, powers of attorney, living wills and property transfers. Howard Alpert, C.S. is certified by the Law Society as a Specialist in Taxation Law and as a Specialist in Corporate and Commercial Law. Howard is also recognized as an expert in Estates and Trusts Law. Our Team provides tax and corporate advice to develop plans that reduce and defer tax, preserve value and maintain the financial well-being of heirs.