Maroof HS CPA Professional Corporation, Toronto
News Release – July 05, 2021 Resident Canadian Director no more needed for Ontario Corproations The province of Ontario in Canada has removed the residency requirement of the Director effective July 5, 2021. Previously Ontario
QSBC allows its shareholders to claim Lifetime Capital Gain Exemption on the disposition of its shares.
Deemed disposition and departure tax for the owner-managers of Canadian Corporations.
Business Plan is required for Black Entrepreneurship Program
How are cryptocurrency transactions reported to Canada Revenue Agency?
U.S. ITIN Applications without tax returns for third party withholding of taxes.
A business plan plays a key role in the decision-making process for its internal and external users. The very first challenge entrepreneurs face is the writing of this business plan. Unfortunately, sometimes it looks like
Global Intangible Low-Taxed Income – Simplified! The Tax Cuts and Jobs Act of 2017 (TCJA) brought major changes to the U.S. tax system. With these changes come additional complications for U.S. citizens and resident aliens.
The Internal Revenue Service (IRS) has extended the deadline to file Individual income tax returns for 2020 in the U.S. The new deadline is now May 17, 2021 (the usual deadline is April 15 every year).
U.S. LLCs and S Corps are hybrid entities due to a mismatch of income tax treatment in both U.S. and Canada