This article is written to assist Canadian individuals who may find themselves in a situation where they need to file United States income tax returns. This could be the result of many reasons including; owning and renting property in the U.S., selling vacation property, or receiving investment income etc. Canadian residents who are required to…
The Personal Budget Calculator and Budget Worksheet are presented in Excel. These tools are something everyone should complete as a first part of their financial planning. These documents may be saved and adjusted at a later date if there are changes or additions to data. See the instructions on the opened worksheets. Let us know…
IMPORTANT DEADLINES AND CRA INTEREST AND PENALTIES IMPORTANT DEADLINES January 15 Deadline for employees to elect tax deferral on non-CCPC qualified employee stock option benefits. January 30 Deadline for interest payments on employee loans for the previous year Deadline for interest payments on non-arms length income splitting loans February 14 Reimburse employer for company…
At Williams, Payne & Associates we understand that dealing with the CRA (Canada Revenue Agency) and tax laws can be an exceptionally stressful experience. The objective of our team is not only to minimize the taxes our clients owe within those tax laws, but to reduce the stress by taking the weight of dealing with…