ArticleForeign Income Verification StatementCanadian taxpayers are required to annually report certain properties that are situated outside of Canada when the aggregate COST of all properties is $100,000 CAD or more.CanadaGovernment, Public SectorCrowe
Article2017 Federal Budget – Personal Income Tax MeasuresThe Budget did not propose a number of changes that were the subject of heavy speculation. In particular, the capital gains inclusion rate will not increase and remains at 50 per cent.CanadaTaxCrowe
Article8 Tips To Get You Ahead This Tax SeasonFiling your personal taxes properly is vital to avoid extra fees and to ensure you receive all deductions available for your tax return. CanadaTaxCrowe
ArticleFive Steps To Get Ready For Tax SeasonAnother tax season in Canada is fast approaching. Crowe MacKay's advisors are committed to providing personalized tax advice so you can take advantage of all the tax savings available to you.CanadaTaxCrowe
ArticleForeign Income Verification StatementCanadian taxpayers are required to annually report certain properties that are situated outside of Canada when the aggregate COST of all properties is $100,000 CAD or more.CanadaTaxCrowe
ArticleForeign Income Verification StatementCanadian taxpayers are required to annually report certain properties that are situated outside of Canada when the aggregate COST of all properties is $100,000 CAD or more.CanadaTaxCrowe
ArticleGood Documentation Is Critical To GST/HST Audit SuccessBesides providing a major cash flow boost to the government of Canada, one of the most significant accomplishments of the goods and services tax and harmonized sales tax (GST/HST) was...CanadaTaxCrowe
ArticleFord, Hyundai Report Large Declines In October EV Sales Automotive WeeklyThis information that follows is taken from sources including The Car Connection, Autoweek, Green Car Reports, and other industry sources.GlobalTransportCrowe
ArticleA New Problem For EV Fast Chargers: Air PollutionThis information that follows is taken from sources including The Car Connection, Autoweek, Green Car Reports, and other industry sources.CanadaEnvironmentCrowe
ArticleTax Letters: 2016 Canadian Federal Budget IntroductionWhen the new government said last year that it would return Canada to deficits, few expected the numbers to jump to nearly $30 billion this year and next and add $100 billion in debt over the next five years.CanadaGovernment, Public SectorCrowe
ArticleBC SR&ED Tax Credit UpdateFor businesses claiming the Scientific Research & Experimental Development (SR&ED) investment tax credit, a new federal tax measure needs to be considered to maximize this tax credit.CanadaTaxCrowe
ArticleBritish Columbia Budget Summary 2020On February 18, 2020, British Columbia Finance Minister Carole James announced the 2020 British Columbia BudgetCanadaTaxCrowe
ArticleRental Income And Tax Requirements For Non-Canadian ResidentsYes, any person remitting rents to a non-resident is required to withhold and remit to the Canada Revenue Agency ("CRA") 25% of the gross rents paid.CanadaTaxCrowe
ArticleUpdate: Tax Planning For Private Corporations And ShareholdersThe title to Bob Dylan's 1964 song is an appropriate way to describe the impact of newly released proposed tax rules. CanadaTaxCrowe
ArticleWhat's New This Canadian Tax SeasonThe Federal Government has made changes to the capital gains exemption and deduction for tradesperson's tools expense as well as created a multigenerational home renovation tax credit...CanadaTaxCrowe
ArticleImportant 2024 Tax Year Deadlines In The U.S.If you are a U.S. citizen living in Canada, you still have U.S. tax filing obligations. If you are delinquent in your U.S. filings, the IRS has a streamlined process...GlobalTaxCrowe
ArticleSaskatchewan's COVID-19 Provincial ResponseThe Government of Saskatchewan introduced their economic aid measures for residents in response to the COVID-19 pandemic. Their COVID-19 Provincial Response for individuals and businesses can be found here.CanadaCoronavirus (COVID-19)Crowe
ArticleTemporary Expansion Of The Local Lockdown Program And Canada Worker Lockdown Benefit EligibilityOn December 22, 2021, the Federal Government proposed to expand eligibility for the Local Lockdown Program, which would enable businesses that face capacity-limiting public health...CanadaCoronavirus (COVID-19)Crowe
ArticleWhat Kinds Of Reports Can Be Issued By A Chartered Business Valuator?There are three different levels of Valuation Reports that can be issued by members of the Canadian Institute of Chartered Business Valuators.CanadaCorporate/Commercial LawCrowe
ArticleRegistered Disability Savings Plan (RDSP)A Registered Disabilities Savings Plan (RDSP) is a federal program designed to support Canadians with disabilities and their families when planning for future financial needs...CanadaEmployment and HRCrowe