how will the IRS catch me

How Will the IRS Catch Me?

How will the IRS catch me? Sticking your head in the sand and wishing your troubles away is never a sound tax strategy.  You may be surprised, though, as to how many US persons (i.e. US citizens, green card holders or resident aliens) continue to follow this path even after years of media attention on […]

tax planning for private corporations department of finance

Proposed Strategies Aimed at Private Corporation Tax Planning from the Department of Finance

On July 18th, 2017, Finance Minister Bill Morneau announced the next steps the Department of Finance would be taking to improve the fairness in the Canadian tax system. The government’s objective is to address tax strategies used by high-income individuals through private corporations to gain “tax advantages.” The three scenarios specifically addressed in the draft legislation that […]

2017 federal budget highlights, accountants vancouver

2017 Federal Budget Highlights

For our clients, we offer these 2017 Federal Budget Highlights. Finance Minister Bill Morneau released his second Canadian Federal Budget titled “Building a Strong Middle Class” on March 22, 2017 which continues to focus on innovation and skills development and to expand the tax base by taking aim at certain tax loopholes and perceived aggressive […]

Potential Changes to the Capital Gains Rate

Potential Changes to the Capital Gains Rate

Will they or won’t they? Rumours continue to swirl that the Federal budget expected to come out in Feb/Mar 2017 may increase the capital gains inclusion rate from 50 percent to as high as 75 per cent. Capital gains occur when you dispose of capital property, such as a stock, bond or mutual fund, for […]

expatriate tax rules, expatriate tax preparation vancouver bc, expatriate tax services

Thinking of Leaving the US? Know the Expatriation Tax Rules

It’s no secret that many Americans living in Canada are unhappy with their U.S. tax compliance costs and information reporting burdens. For those that are voting with their feet and renouncing their U.S. citizenship(i) or terminating their long-term U.S. residency(ii) (“expatriating”), careful planning should be undertaken prior to expatriating to avoid costly surprises. A few […]

good governance for tech startups, building a board for tech startups

Good Governance for Tech Startups

The tech sector continues to grow healthily. It is a competitive marketplace where companies hustle for position, each with their own idea and end goal of starting to generate profitable revenues. A significant number of start-ups continue to receive funding to assist their research, testing and ultimate release of new products. Amid all the excitement […]

2016 Canadian Personal Income Tax Returns Preparation

2016 Personal Income Tax Return Checklist

Organizing your Personal Income Taxes  Our Personal Tax Return Checklist is designed to help you make this process as easy and efficient as possible. It also assists us in ensuring that we have information that is as complete and accurate as possible to ensure your taxes are minimized and correctly reported. If you have any […]

Donald Trump and Potential US Tax Cuts

Donald Trump and Potential US Tax Cuts

Now that Donald Trump is President-elect, and as Republicans will control both the House and Senate during at least the first two years of Trump’s administration, the prospects for US tax cuts for everyone has never been better. The items below are based on president-elect Trump’s statements and proposals during the campaign. Actual US tax […]