Topic: Blog

U.S. expats and Obamacare

Posted on 2014 Aug 12 by

If you are a U.S. citizen living in Canada, get ready. Depending on your investment and overall income, you may be required to pay a new U.S. healthcare tax when you file your U.S. income return for the 2013 tax year. A little background: Health care and more specifically how to fund and by extension…

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Snowbirds tax alert

Posted on 2014 Aug 12 by

It’s no secret that since the global economic crash of 2008, the U.S. has been working hard through the IRS to boost its economy. First came the Foreign Account Tax Compliance Act (FATCA) and now, in an ironic twist, two new pieces of legislation are targeting Canadian retirees who choose to escape the winter chill…

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What’s the big deal about T1135?

Posted on 2014 Aug 11 by

Word to the wise: if you haven’t already, start your tax preparations now as this tax filing season has just gotten a little more onerous thanks to the Canadian Revenue Agency’s new rules around foreign income. When Jim Flaherty announced the 2013 budget last March, he also took the opportunity to introduce more stringent reporting…

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Accounting specialists in Construction located in Toronto Ontario

To lease or to buy?

Posted on 2014 Aug 08 by

When it’s time to upgrade equipment, what’s the best plan of action?It’s a question all businesses face when they are looking to purchase new equipment – should we lease or buy? It is important to understand that there are pros and cons to either route. There are several key factors to consider before you make…

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Five Steps to Maximize the Value of Your Business

Posted on 2012 Mar 14 by

Preparing your business for sale means much more than sprucing up its curb appeal and improving the organization and cleanliness of the plant. Clearly, these are important factors to create a positive first impression. However, there is a substantial amount of planning that should take place well in advance of exposing the business for sale….

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