Do you know what to Consider Before Selling Your US Property? Remember the days when the Canadian dollar was strong and US properties were depressed? Yeah, those were the good old days. So good, in fact, that quite a few Canadians purchased US real estate as an...
Last Call for RRSP Contributions! It is never too early to start saving for retirement. And as tax season approaches, it is a good time to think about your options when it comes to tax-advantaged savings options. Two of the most common ways to save are RRSPs and...
How did you spend New Year’s Eve? Hopefully you rang in the new year with family or friends with excitement – or at least less trepidation – about what 2022 will have in store. Now that January 1 is in the rear-view mirror, as tax professionals, we are beginning to...
The air is crisp, the leaves are turning, and the kids are starting to get excited about the upcoming holidays this time of year. This is also an excellent time to start thinking about your 2021 taxes and take a close look at where you are now, where you expect to be...
The Canada Revenue Agency (CRA) has no tolerance for tax cheats and warns Canadians that it has a “robust system” in place to track down those who illegally evade taxes. One of its weapons is the Offshore Tax Informant Program (OTIP). The CRA says the...
Similar to an annual health check, it is important to have a financial health check on a periodic basis. A review of your overall financial plan will ensure that it still meets your desired goals. Your investment strategy forms part of your overall financial plan and...