Are you considering leaving to work, live or retire abroad? Read further to learn about how you can become a non-resident of Canada. This article also explores the pros and cons of completing Form NR73 and the 10 major tax implications of becoming a non-resident.
What can you deduct on your personal tax return for the 2010 taxation year? This article focuses on personal tax deductions for employees. If you are employed, there are number of expenses that you are able to deduct on your personal tax return:
The reason you want to become an independent contractor (i.e. self employed) and not an employee is because independent contractors have more tax write-offs and pay much lower taxes than employees.
Français If you need to prepare your corporation income tax return and plan to do so by yourself, check out the Step-by-step instructions provided in this article, making the corporate tax return preparation process pain-free. If you are self employed and looking for a guide on how to complete your personal income tax return, check out … Continue reading How to Prepare Corporation Income Tax Return for Business in Canada
Divorce and separation can be an extremely emotional and difficult time in your life. To make matters worse, these life changes can lead to unwanted financial stress. Nevertheless, there are various tax saving opportunities that can help save you money throughout your marital transition.
If you are a dentist and are concerned about structuring your tax affairs properly, then you must read this article. In this article, I discuss the tax implications of the three different types of tax structures for dental practices.
Income splitting with children means transferring income from yourself to your children in order to save tax. The reason that you’ll save tax is because you are in a higher tax bracket than your children.
The topic of this video is HST and how it impacts doctors, physicians, dentists and other medical practitioners in the province of Ontario and across Canada.
What is a management buyout? A management buyout is where an employee or group of employees of a business buys the business from their employer who is also the owner of the business. This video discusses the three most common ways that a management buyout is carried-out.
I am an International Tax Accountant in Canada. I wrote this International Tax Guide for Canada to inform taxpayers of everything they need to know about international tax from a Canadian perspective. Whether you are an American moving to Canada, or a Canadian business expanding overseas, this guide is for you.
– If you own a small business in Canada, then you must read this article. As an Accountant in Mississauga and Oakville, I will share the best accounting tips that will put your business on the path to financial success.
Should I pay myself salary or dividends from my corporation? This is a very common question that I encounter in my accounting practice in Mississauga, and the answer can make a big difference in your bottom line.
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