All taxpayers in Canada file their own personal tax returns. There is no such thing as a joint return as in the U.S. Tax instalments are commonly paid by self-employed taxpayers and those with high pension and investment income which is often.
Certain tax and legal principles for corporations illustrate the advantages and responsibilities of operating a full-blown corporation. The biggest companies are listed on the various stock exchanges and thus referred to as publicly.
Within 90 days of any assessment or reassessment, you can appeal any corporate or personal tax or HST assessment or reassessment by the CRA internally to the Appeals Division. Once you appeal
Effective September 1, 2012 the IRS implemented new streamlined filing compliance procedures for U.S. taxpayers living outside of the U.S in recognition that some U.S. taxpayers living abroad have failed to timely file
Non-resident owners of personal use or rental properties will pay capital gains tax on sale but there are a grocery list of compliance rules for rental properties. Rental payments to non-residents are subject to with- holding tax.
Taxperts has been offering free seminars for many years to help inform self-employed individuals and businesses of all the tax implications related to their services. To book a your seminar please contact us using the email address below.