Tax

Income sharing through transfer of funds to a minor child

Reducing family's overall Canadian income tax liability can be achieved by transferring funds to a minor child. The capital gain earned from this transfer will be reported on the child's tax return, instead of the parent's, if the child earns the capital gain and not interest or dividends.

Prepare for the current tax season in Canada with our services, including Income Tax, Accounting, and Bookkeeping

Ensure accurate tax reporting and compliance with our comprehensive services, covering T1 Personal Tax Returns for businesses, contractors, real estate investors, individuals, non-profits, and foreign income reporting, along with T2 Corporate Tax Returns, GST Returns, T4 and T5 Filings, and Payroll Management. Get in touch with me to discover strategies

Restricted Stock Units (RSUs) - tax implications for Canadian employees

Explore the tax implications of Restricted Stock Units (RSUs) for Canadian employees, from grant to sale, including taxable benefits, withholding taxes, and reporting requirements.

Important Tax Reminder for Teens: Understanding Your Filing Obligations

Discover the tax obligations teenagers face in Canada, including filing requirements and exemptions for various income sources. Gain insights on navigating their first tax return with ease.

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