“Taxes are the price we pay for civilization,” said Oliver Wendell Holmes, the great Supreme Court justice of US. But, sometimes it seems that people who cannot offshore...
Posted by ERNIE BUSTAMANTE on 10/30/2015
Considered as one of America’s greatest crimes, senior financial fraud has left both the elderly and their children worried. A recent survey found that people in America,...
Tips for a Pain Free Tax Season The mere thought of an upcoming tax season gives us goose bumps. Some people are so worried about tax season, it keeps them awake late...
Posted by Financial Balance LLC on 10/30/2015
Canadian citizens working in the United States are usually not sure if they should be filing taxes in Canada. According to CRA if someone is not considered to be a resident of Canada...
Saving tax dollars is an art. Filing taxes in time can save you from penalties. Making timely tax installments can also save you from penalties. In Canada, personal tax return is...
The following items are not included in income of taxpayer for a taxation year: Amounts declared to be exempt by legislation of the Parliament of Canada (s. 81(1)(a)) Amounts received...
A corporation is liable to pay tax if: - It is a resident corporation of Canada - ...