Were Your Tuition Credits Completely Used Up from Your School Years? Healthcare professionals in Canada can incorporate their practice to take benefit of certain tax advantages and liability protections....
If you’re a Canadian citizen selling real estate in the United States, you may be subject to withholding taxes. These taxes can be as high as 15% of the...
As an American living in Toronto, you may be required to file taxes in both the United States and Canada. This is because the US taxes are based on...
Introduction: In this case study, we will look at a recent dispute with the CRA that our client won. Our accountants in Toronto are knowledgeable and trustworthy when it...
Are you a foreign person who needs to file taxes in the United States? If so, you may need to apply for an individual taxpayer identification number (ITIN) by...
A foreign tax credit is available to any taxpayer who has been a resident of Canada and earned worldwide income at any time during the tax year. The income...
Form 1040-NR is often required for nonresident aliens who are engaged in a business or trade in the U.S. or otherwise generate income from sources in the U.S. A...
Did you recently migrate to Toronto from the United States for business? If yes, you are now officially a US expat. Living overseas for professional reasons can be a...
What are Non-Fungible Tokens (NFT)? NFT stands for non-fungible tokens. NFT’s are unique digital assets that can be traded on the blockchain network. As they are non-fungible, they cannot...
Provincial Sales Tax (PST) is complicated to understand simply because different provinces have their own ways of collecting PST. In this blog post, we will be going through the...