Filing Your Taxes
Tax Planning

Filing Your Taxes & Tracking Deadlines

Any Canadian who has had taxes withheld from their pay must file a tax return in order to receive a tax refund. Whether you’re an individual, partnership or a corporation, it’s important to be aware of tax season and deadlines. […]

Chrystia Freeland Home Office Expense Deduction
Politics

Canada’s $400 Home Office Expense Deduction

As the pandemic is forcing millions of people to work from home, Justin Trudeau’s Liberal government has announced a new $400 home office expense deduction to help Canadians manage the costs of working from home. […]

Final Tax Return
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 […]

US Estate Tax
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 […]