Tax over US-owned homes in Canada: The entire story
Canada has been a prime hub for real estate and so multiple country citizens, especially from the USA, have been actively investing in properties in Canada. For the same reason, the rate of non-resident property ownership in Canada for 2019
Biden targeting Protected Assets for Taxation: Why is it worrisome for wealthy immigrants?
According to an interview with Joe Biden earlier this year, he exclaimed his displeasure on the fact that the wealthy immigrants of the country today are not paying their fair share of taxes. This is where he suggested some tax
Business or personal debt got you down
The steps to take in order to regain control of your spending and reduce your debt quickly You may feel overwhelmed by debt. If you're in debt, the burden of that debt can weigh heavily on you. It has a significant
Budget busting business mistakes and how to get back on track
Staying on budget is an essential element of both personal and business success. Despite having a good financial understanding, the majority of people make mistakes. Recognizing these mistakes can help you avoid them, and failing to do so can cause
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)