A tax return is a form or forms through which annual income, and any tax deductions and credits, is reported to the Canadian Revenue Agency. Siddhi BagweSandra MacGregor Quick Answers to 10 Common Tax Questions Have you ever wondered what inheritance tax is? Or whether your moving expenses...
Some of the purely pragmatic opposition to the bill has to do with the belief that it will – while violating citizens’ freedoms and rights – actually, prove to be unable to tackle what it is supposedly designed to do – various forms of online harassment. And that’s not all. “Canadi...
“Activate Free DashPass” before July 5, 2023 (“Offer Period”). If you are an existing DashPass subscriber and have already added an Eligible RBC Credit Card to your account you must activate your benefit by clicking “Activate Free DashPass” during the Offer Period. If you have been ...
The Canada Revenue Agency (CRA) requires you, by law, to declare interest and other forms of investment income on Line 121 of your T1 Income Tax and Benefit Return. Banks and other investment organizations are also required to report the details of the interest they pay to account holders an...
In order to meet Canada Revenue Agency ("CRA") requirements and to support the Payroll Guarantee, Wave will retain payroll records and related data for a period of no less than 7 years. Our use of Personal Information, as well as our data handling and retention processes, is outlined in ...
designated its first set of notifiable transactions on November 1, 2023, so the earliest filing due date to report notifiable transactions would be January 30, 2024. For more information, see ourTax Insights“Canada Revenue Agency officially designates first notifiable transactionsOpens i...
Posted in Canada, France, Government Inefficiency, Government stupidity, Italy, tagged Canada, France, Government Inefficiency, Government stupidity, Italy on July 7, 2023| 3 Comments » I have a series of columns analyzing “Great Moments in Foreign Government” to show that other countries hav...
to taxation on their world income in another country (e.g. based on citizenship), the TFSA income may not be tax-free in that country. U.S. taxpayers who hold TFSAs need to comply with U.S. tax requirements such as the annual filing on a timely basis of IRS Forms 3520 and 3520-...
The payroll process can be a hassle. It’s filled with time-consuming tasks, lots of legislation and rules, remittances to the Canada Revenue Agency (CRA) — and all just to ensure the amazing people that make up your workforcereceive their pay cheques. ...
✅ Any required forms or paperwork✅ Associated fees with filing this paperwork Depending on your business structure and size, you may also need to register with the IRS (Internal Revenue Service) in order to collect sales tax and submit it at tax time. Securing business insurance It’s ...