Canadian Taxpayers Selling U.S. Property
Many of Canadian taxpayers maintain a second home, a vacation property, or hold a U.S. real property interest for investment purposes. In 2020 and 2021, there is an upward trend of dispositions of U.S. real
Many of Canadian taxpayers maintain a second home, a vacation property, or hold a U.S. real property interest for investment purposes. In 2020 and 2021, there is an upward trend of dispositions of U.S. real
Many professionals can now incorporate their practices as professional corporations as per the provincial legislation. Professional Corporations are now becoming a very common structure since the majority of provinces have relevant professional regulations. Professional Corporations
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.