No More Sworn Testimony, But Audits Are Still Stress Inducing
“That” Phrase: it’s one no taxpayer wants to hear – digitally or otherwise. “You’re being audited.” If you’ve had to deliver that news you’ll know that the reaction can range from indignity to shock to panic. Based on the latest piece of legislation before Parliament, you might have to tell more of your clients to buckle up, it’s going to be a bumpy ride. CRA will now have greater powers. Consider this:Should I apply for a U.S. green card rather than renew my temporary work visa?
When a non-resident, non-U.S. citizen individual goes to the U.S. to work and live temporarily, after their term is almost up and they are contemplating staying in the U.S., many wonder if they should be applying for a U.S. green card rather than renewing their temporary work visa; however, most of the time they don't realize what it means to apply for and obtain a U.S. green card.
Using Marginal Tax Rate in Measuring Tax-Efficiency
Your marginal tax rate is linked to your tax bracket and analyzes how much you’ll pay on the next dollar you earn from various income sources. This is an important concept too—not all income sources are taxed alike.
Audit Defence is About More Than Just Taxes
Join us at the one-day Audit Defence Bootcamp to not only better understand your obligations to CRA and regulators, but how to excel as an educator and advocate for clients undergoing life changes such as dealing with incapacity, estate freezes, or family trusts. Register before May 15 to guarantee your seat at this popular event.
Upgrade Your Skills to Earn More Next Tax Season
Now is the perfect time to look ahead and plan the training needs for you and your team for next tax season. The DFA-Tax Services Specialist™ Designation is a well-rounded program for those who wish to specialize in T1 tax preparation and planning. Enrol by June 15 and attend DAW as our guest.
Experience Your “True Wealth” Potential
Learn how to cultivate that distinctive quality you can use to create new opportunities to stride forward with confidence. Purchase your copy of Empower Your Presence today – a perfect graduation gift!
Expand Your Practice and Career with Cross Border Taxation and Planning Knowledge
Advise your clients on the tax impact of various events on both sides of the border. Enrol in Cross Border Taxation – try the first chapter for free!
