Planning to start a new life in Canada? Learn what you need to know
Canada can be an exciting country to shift to. With multitudes of people having vibrant cultures and a wide range of races, religions, and languages, Canada can be a dream country for many. But how can you start a life
Facing tax returns problems? Know why had IRS put nearly 30M tax returns for manual processing
Are you also one of the taxpayers who are facing constant delays in the processing of your tax returns? Have you logged in to your tax return a long time ago but still not received your returns? There are numerous
Biden proposes to increase Capital gain taxes: Key takeaways for expats and immigrants
At present, an approximate 20% is levied on investors on long-term capital gains of the assets that are held in the accounts for over one year. Now, with the new proposal of increasing the capital gain taxes by Joe Biden,
How the Accounting & Tax Company can be your personal accountant?
For any business organization or a multinational company, a personal accountant is an important and essential I said that controls and monitors all accounting transactions and the financial statements of the business. A personal accountant also ensures timely compliance with
Payroll services for Canadian immigrants: Everything one needs to know
Payroll services offer to help out with all payroll-related tasks, as per your requirements, efficiently. Some of the key benefits of using a payroll service provider is increased convenience, guaranteed accuracy, limited to no risks regarding non-compliances, effective functionality, etc.
IRS tax deadline extended: Tax filing guide for expats
The IRS tax filing deadline in the USA that was initially on April 15 is extended to May 17 in the year 2021. This also allows the taxpayers who are interested in participating in the Annual Filing Season Program (AFSP)
Unemployment tax break in the USA: All you need to know
The Unemployment tax break in the USA is applicable for taxpayers who earned an income that was less than $150,000. This tax break allows compensation of $20,400 for married couples who file taxes jointly and $10,200 for other eligible taxpayers.
Tax Liabilities for Non-Resident Canadian Citizens Earning Rental Income from Canada
There are two ways income is generally taxed, federal level and provincial level. A non-resident Canadian citizen having a rental income from the property based in Canada brings along a lot of basic requirements to look after in order to
Paying taxes in two countries? Learn all you need to
If you are a citizen of the United States but employed by a company in Canada, then you are required to pay taxes on your earned income in both countries. This is called double taxation wherein you are required to
Accountants at Your Fingertips
It is essential for any business to have in place systems that are easy to use, stable, and reliable. The first problem when a company is planning to invest in these features is the cost. These features are very expensive,