Corporate Tax - Canada
US Income Taxes for Canadian Businesses – Which Forms to File?
How to report and pay U.S. income taxes for Canadian Corporations?
May 10, 2020
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Category: Individual Tax – Canada
Individual Tax – Canada
Individual Tax - Canada
Principal Residence Exemption and Change of Use
Principal residence exemption allows a taxpayer to eliminate capital gains on the disposition (or deemed disposition) of his/her principal residence in Canada. This post is meant for general information purposes. You can find below a
May 5, 2020
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Individual Tax - Canada
Income Tax Returns for Actors in Canada
How can I lower my taxes if I am an actor or a person employed in the entertainment industry? This post outlines income tax returns for actors in Canada who are also residents of
April 15, 2020
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Corporate Tax - Canada
Infographic – Income taxes for US Amazon Store
In recent times there is an uptick in E-commerce sales, especially due to COVID-19 Pandemic. With the closures of more and more retail stores, customers are ordering online. Amazon is one of the biggest online
April 10, 2020
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Corporate Tax - Canada
Voluntary Disclosure Program (VDP) in Canada – Come Clean with Taxman
You can come clean with the Taxman in Canada using VDP whether the non compliance was intentional or unintentional.
April 1, 2020
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COVID-19
Canada Emergency Response Benefit CERB – Common Questions
COVID-19 is spreading its grasp all over the world. Like other governments, the Canadian government has also stepped in to check the adverse impact of the disease. The government came up with the Canada Emergency
March 29, 2020
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Corporate Tax - Canada
Rental Income from Associated Corporations as Active Business Income
Rental income earned by a corporation is considered property income i.e. aggregate investment income. Active business income of Canadian-controlled private corporations (CCPC) is subject to preferential tax treatment due to the small business deduction. Earning
March 27, 2020
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Entrepreneurship & Business
Income Tax Tips for Freelancers in Canada
Freelancing, full time or as a side-gig, is a very attractive way for people to generate income for themselves. With a lot of freelancing websites such as Fiverr and Upwork, more and more Canadians are
March 16, 2020
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Individual Tax - Canada
Reporting Online Trading on Personal Income Tax Returns in Canada
If you are generating gains or losses from the sale of securities, this is most likely to be treated as Capital gains. However, in certain cases, this might be treated as business income (or loss)
March 15, 2020
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Corporate Tax - Canada
Covid-19 and Tax Filing Deadlines in Canada
Canada Tax Filing and Payment Extensions amidst Covid-19 This post is not being updated anymore. Please visit our page income tax services during Covid-19. Updated on July 27, 2020 Updated on March 18, 2020 (11:45
March 13, 2020
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