Glen JenningsStevan NovoselacJohn Sorensen
Howland Tax Services International provides cross-border tax preparation services for individuals and small businesses in Canada and the United States
Introduction: Derivative Tax Liability & Section 160 of Canada’s Income Tax Act The derivative tax rule in section 160 of Canada’s Income Tax Act prevents tax debtors from trying to hide assets from the Canada Revenue Agency’s tax collectors... ...
As per the Canada Revenue Agency (“CRA”), bare trusts are not required to file a Trust Income Tax and Information Return (“Trust return”), including Schedule 15 (Beneficial Ownership Information of a Trust) for the 2024 tax year, unless the CRA makes a direct request for these...
Taxpayers should inform Canada Revenue Agency after marrying a non-resident to minimize the impact on benefit payments and allow correct calculation of the spousal amount.• Read Article Should You Sell Your Stocks for the Tax Refund? Author: Brad Howland First Posted: Dec. 1, 2008 The recent...
Individuals and Businesses receive letters from the Canada Revenue Agency all year long for any reasons such as: being audited on a personal tax return, audited for an GST/HST Return, payroll audit, Corporate Tax Return Audit etc. Our team of qualified accountants are always ready to help our...
Implemented by the Canada Revenue Agency (CRA) in 2001, NETFILE is an electronic tax filing service giving taxpayers a quick alternative to the older methods of filing taxes, such as printing and mailing. NETFILE allows you to use various approved software (such as TurboTax) to submit your ...
Canada’s income tax rates are divided into different levels, often referred to as “brackets.” The federal income tax bracket you belong to depends on how much you earned during the year. Provinces and territories have their own tax brackets, which also depend on your income. What are ...
New Arrivals to Canada Income Tax Returns Preparation Departing from Canada Income Tax Returns Preparation Trust Income Tax Returns Required information for filing your Income Tax Return: Social Insurance Number Your Current Address Your Date of Birth Your Current Marriage Status Your Spouse: Name, So...
OTTAWA — The Canada Revenue Agency took steps Friday to quell a furor over what critics were calling its heartless treatment of diabetics. Disability advocates and opposition parties have been excoriating the agency for weeks over the fact that hundreds of Canadians with Type 1 diabetes have sudd...