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British Columbia Speculation and Vacancy Tax
Owners of BC residential property need to be aware of the new 2018 British Columbia Speculation and Vacancy Tax affects and how to apply for exemptions. To prevent housing speculation in British Columbia and help turn vacant homes into rentals in its overheated market, the BC provincial government recently implemented the BC Speculation and Vacancy […]
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Changes to Certain Cross-Border Tax Amounts for 2015
February 4, 2015As the calendar changes to 2015, both the Internal Revenue Service and Canada Revenue Agency have changed or left unchanged certain amounts and figures. Below are some of the revised amounts, numbers and limits for the year 2015 relevant to U.S. citizens resident in Canada. Changes to Certain Cross-Border Tax Amounts for 2015 Item New […]
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Canada Revenue Agency Extends The 2013 Personal Tax Return Filing Deadline
April 14, 2014Recently the Canadian federal government’s website and computers were hit by the Heartbleed bug. The computer virus took down Canada Revenue Agency’s online filing services and also prompted the government to shut down access to client information sites such as Represent a Client, Netfile, My Business Account and My Account. Canada Revenue Agency acknowledged that […]