Filing Your Taxes & Tracking Deadlines
Estate Planning
Canadians and US Estate Tax
Thousands of Canadians identify themselves as snowbirds who spend the cold winter months in the warm southern states. They may be surprised to find out that owning U.S. assets may be subject to US estate […]
Estate Planning
Filing a T1 Terminal Tax Return
A T1 Terminal Tax Return is to be filed upon a tax payer’s death. According to Canadian tax law, a taxpayer is deemed to have disposed of all of their property at the fair market […]
Estate Planning
Dealing with a RRIF Account Upon Death
Naming a beneficiary on your RRIF account allows you to avoid probate fees as your RRIF account upon death will not be part of your estate. If you have a RRIF, it’s important to make […]