This attached presentation will give you quick answers to many questions relating to 2016 personal tax return and corporate tax planning. We list major changes to attached presentation, including income tax changes that have been announced but have not become law at this time. Click to view 2016pdates – 2016 Tax Updates – Rajesh Arora, CPA, Read more about 2016 – Income Tax Update, Rajesh Arora, CPA, CGA[…]
When you should use a checklist for filing Income Tax Return? Answer: Every year Since tax laws change every year, it is strongly recommended to update yourself with new tax laws to maximize your tax refunds. Even a change in your family status from the previous year requires different tax planning in current year. The Read more about When you should use a checklist for filing Income Tax Return?[…]
On October 3, 2016, the Government announced an administrative change to Canada Revenue Agency’s reporting requirements for the sale of a principal residence. When you sell your principal residence or when you are considered to have sold it, usually you do not have to report the sale on your income tax and benefit return and Read more about Reporting the sale of your principal residence for individuals[…]