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Update on Temporary GST/HST Relief and The Working Canadians Rebate

This article is an update from the previous one that summarized the two proposed tax break measures announced by the federal government of Canada on November 21, 2024.  On November 27, 2024, the federal government of Canada introduced Bill C-78, the Tax Break for All Canadians Act in Parliament. Bill C-78 contains the proposed enacting […]

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Update on Quebec’s Economic and Financial situation- Tax Updates 2024

December 2, 2024

Overview On November 21, 2024, Quebec’s government issued the 2024 Update on Quebec’s Economic and Financial Situation. This comprehensive summary highlights the key changes introduced in the Update. Personal Tax Measures Changes to the tax credit for career extension Effective for the 2025 taxation year, the following changes will be applied to the tax credit […]

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Navigating ITIN Certification Changes: How We Can Help

The IRS’s Individual Taxpayer Identification Number (ITIN) application process has recently become more challenging for Canadian taxpayers. As of September 22, 2023, Service Canada no longer embosses dry seals on certified copies of passports—a change that has led to numerous W-7 applications being rejected by the IRS. This is because the embossed seal was a […]

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Mise à jour économique et financière du Québec – Automne 2024

Le 21 novembre 2024, le gouvernement du Québec a présenté sa mise à jour économique et financière pour l’automne 2024.  Ce résumé souligne les principaux changements introduits dans cette mise à jour. Mesures fiscales pour les particuliers Modifications au crédit d’impôt pour la prolongation de carrière À compter de l’année d’imposition 2025, les modifications suivantes […]

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