taxes
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. […]
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. […]
Put your trust in taxes during the coronavirus pandemic recovery
Andrew Bauer, University of Waterloo Facing an unprecedented global crisis, it’s natural to turn to taxes for comfort. As strange or unwanted a claim as this seems, our tax system reflects our societal wants and […]
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 […]
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 […]