Looking to Incorporate your business? Benefits and Drawbacks Explained Understanding what happens when both the US and Canada want to tax you Understanding how the country of your residence, your citizenship, and where you work want to tax you can be very tricky! This...
Ask us anything! Is there a question you’ve always wanted to ask, but have been afraid to do so? About tax or accounting that is. Maybe not – let’s not kid ourselves, probably not – but maybe there is a topic that interests you. Something that...
Looking to Incorporate your business? Benefits and Drawbacks Explained Thinking about incorporating your business? Understand the pros and cons first! Here is a question we are asked all the time. Should I incorporate my business? What changes from a tax perspective...
Canada Raises the Lifetime Capital Gains Exemption – What it means for you More capital gains may now be tax-free to you – but only if you qualify AND you file properly! Quick Summary Beginning for depositions on or after June 25, 2024, the lifetime...
Everything a Small Business Needs to know about Tax Authority Audits Are you wondering how a tax authority audit works? Do you know what can be done to lower the odds of being selected for an audit, and how to be prepared in case you are selected? Read on for more … A...
Tax Deductions? Tax Credits? Which one do I prefer… Tax deductions and tax credits both reduce the amount of tax you owe, but they function differently. Many people often mix up tax deductions and tax credits. In all cases, you would prefer one over the other, but the...
