Maroof HS CPA Professional Corporation, Toronto

Incorporation for IT Contractors
Corporate Tax - Canada

IT Contractors – Employee Vs Incorporation

Question: I Am An IT Professional. I Just Received An Offer From My Employer. My Employer Wants Me To Incorporate And They Have Agreed To Offer A Better Hourly Rate. I Am Confused Should I Set Up A Corporation Or Become An Employee?

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do i need to pay inheritance tax in Canada
Individual Tax - Canada

Tax on Inheritance in Canada

Question: My mother passed away in India last month. I am receiving my share of the family house. The home is located in India. I am a resident of Canada. Do I need to pay taxes in Canada when this property is transferred to me?

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Rental income of CCPC Corporation in Canada
Corporate Tax - Canada

Incidental Rental income of CCPC

Question: My corporation, a CCPC, has a catering business and holds a building as an asset. I rent a portion of the building but use the rest in my operations. Is my corporation now Specified Investment Business?

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income taxes in Canada for Ukrainians moving to Canada
Individual Tax - Canada

Income Tax Issues for Ukrainians moving to Canada

Canada is going the extra mile to support the Ukrainians affected by the Russian Invasion. With every passing day number of applications for temporary residence is growing. Many of the Ukrainians are already in Canada

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Cross border tax issues for U.S. persons with Canadian Corporations who are CFCs.
U.S. Income Tax

Controlled Foreign Corporations (CFCs)

The U.S. tax system went through a major overhaul as a result of the Tax Cuts and Jobs Act (TCJA). Beginning in 2018, the U.S. taxes individuals on worldwide income whereas corporations on a Quasi-territorial

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