KD Professional

KD Professional

KD PROFESSIONAL is a group of interconnected companies offering a wide range of financial, accounting and tax services to individuals and businesses across Canada.

Through our experienced staff and strategic alliances, we provide exemplary service and solutions to maximize your cash flow, while preserving Wealth.
We came across a very interesting article from Globe & Mail entitled: “How Ottawa’s so-called fair tax proposals could mean a tax rate of 90% for some businesses.” What an outrageous claim, right? Well, as we read the article, the claim turns out to be backed by a publication written by a group made up of a well-respected lawyer, Michael Goldberg of the firm Minden Gross and 2 members of the accounting profession, Mac Killoran and Jay Goodis. The article, written by Tim Cestnick, summarized the paper published by Minden Gross and explained it in a way that everyone can understand....
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Over the course of the public consultation period ending last October 2nd, the Department of Finance has received over 21,000 submissions.  And Financial post writer, Jamie Golombek, put it bluntly: "it would take a full-time staffer at the Department of Finance, spending a mere ten minutes reviewing each submission (and many of them are 50 pages or more!) 465 workdays to get through them all." That is an awful lot of time to be waiting for what the government will be doing next with regards to their proposed tax changes to address tax planning strategies used by private corporations.    And...
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Are you an international student studying in Canada? If yes, you may be required to file a Canadian income tax return. Before doing so, you will have to determine your residency status to know how you will be taxed in Canada. For income tax purposes, international students studying in Canada are considered to be one of the following types of residents: - Resident (includes students who reside in Canada only part of the year): if you establish significant residential ties with Canada;- Non-resident: if you do not establish significant residential ties with Canada and you stay in Canada for less than...
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Last week, Finance Minister Bill Morneau released a statement to calm the growing fears on the proposed tax changes among small business owners.  In the statement, Minister Morneau issued a list of five principles to calm those opposed to the tax changes aimed to address the tax planning strategies used by private corporations: 1.    Support small businesses 2.    Keep small business taxes low while supporting owners who invest and create jobs 3.    Avoid creating unnecessary red tape for small businesses 4.    Recognize the importance of family farms and ensure tax changes do not affect the transfer of family businesses to the...
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KD Professional Services
Monday-Friday 9am- 5pm
102, 221 18th Street SE
Calgary, AB, T2E 6J5

403-219-0602
403-219-0603

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