Often start-ups are faced with the question: How are incorporations different from sole proprietorships for Canadian Business Owners? There are no perfect answer but corporations offer more flexibility in terms of tax planning. However, let's [...]

Regardless of where they live and the income is earned, the United States imposes tax on its citizens Most countries require its residents to pay taxes. If you are no longer a Canadian resident, you [...]

All Canadian residents who own foreign property with a total cost amount of more than $100,000 at any time in the year are required to report the amount to the Canada Revenue Agency. The following [...]