asked
I have a client who is a Canadian Citizen since 2008, purchased a condo in Montreal in 2013, lived there for three years, and then moved to the USA in 2017. The condo was partially rented off and on since 2017. Now she wants to sell the condo and needs to know the tax consequences in Canada. Since 2017, Canadian tax was not filed for the rental income. What are the tax implications and steps to address this situation?
January 22nd, 2023
What types of accounts are considered exempt from tax garnishments, and does having a trust listed as the beneficiary for all of my checking, savings, and investment accounts offer any advantages in this regard?
November 1st, 2023
What is the best bank for small business startups in Massachusetts, considering incentives such as no sales tax, low annual fees, and setup costs, and what are the specific benefits and transaction limits of each recommended bank?
June 24th, 2023
How do I verify a tax document as legitimate and not a scam?
November 12th, 2024
Do I need a seller's permit if I am selling clothing online in NYC with individual prices under $110 or not reaching $50,000 in annual revenue and 100 transactions, and if so, who should be listed as the responsible person on the application?
April 6th, 2023
I received a payout alert from SSI indicating distributions in 2022, but I do not recognize these security trades. I was told by my lawyer that the taxes on my father's estate would be paid by the estate, so I failed to file in 2022 and need to rectify that situation. I think I have $47,000, but they're saying I have over $100,000, which is incorrect. I have no information on these four security trades and never received that type of money. What should I do with this information?
March 18th, 2024