Renting out real estate you own can be sweet. Besides the capital appreciation and ongoing income potential, real estate investments could provide deductions that could bring down...
Posted by PB Tax & Accounting Services on 03/08/2017
Bookkeeping is probably one of those few critical business functions that do not directly correlate to sales and profits. Most business owners know how to grow and develop their business,...
Posted by RONNIE@RLDARDENCPA.COM on 02/08/2017
For many small businesses, the ability to spend large amounts of capital for upgrades or replacing equipment might be limited. Therefore, a business owner might look for capital at...
6.3.1 Taxation of Investments in U.S Real Property by Canadian Investors6.3.1 (a) - IntroductionThere are many tax and legal considerations that must be weighed before making an investment...
Posted by The Accounting and Tax on 07/28/2016
5.3.1[a] U.S. Taxation of Foreign PersonsThe U.S. tax treatment of foreign persons and foreign-related transactions depends primarily on three criteria:1 – Whether the income earned...
When it comes to handling sales tax, small businesses need to be sure that their collection is for the right amount based on the transactions that your business has processed. Yet...
When a small business owner is looking for a way to expand into their business, they may look for avenues where their industry has not yet made a name for themselves. However, many...
5.2.1[a] Taxation of Income of Non-Residents GenerallyA non-resident person is subject to Part I tax in Canada if the non-resident, at any time in a taxation year,1 – Was employed...
Posted by The Accounting and Tax on 06/21/2016
Moving can be stressful, but the sale of your home can also mean that you have to deal with the tax implications from your profits. This is because any profits are subject to income...