As you hear the word taxes, you want to run away. Dealing with your taxes can often be tiresome and frustrating and you woe the day you have to file your tax returns. Then there are...
Tax mistakes happen. Let’s face it, you may have run into a time where you didn’t quite understand what was being asked and you answered it the best way you knew how. Often...
Posted by East West Accounting Services LLC on 10/20/2015
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...
Source of income can have significant impact on calculation of foreign tax credit limitation. Formula for foreign tax credit limitation = Pre-credit U.S tax x foreign...
Did you ever go to your tax preparers office to have your income tax return completed, only to find that you left an important form at your home or office? Does your income tax preparer...
It’s hard to believe that the tax return filing season is just a couple of weeks away. While some of our clients are unable to complete their return until later in the...
Posted by Carlos Samaniego on 01/08/2015
A corporation is liable to pay tax if: - It is a resident corporation of Canada - ...