Blog

A row of houses on a beach representing snowbird properties in the U.S.

Cross-Border Tax Issues

CRA Seeking Data on Canadian-Owned Properties in the U.S.

For Canadians who own property in the United States, filing a T1135 Foreign Income Verification Statement is mandatory in order to declare the property to the Canada Revenue Agency (CRA) for tax purposes. The failure to file a T1135 has penalties associated with it. For most Canadians, the CRA trusts that they will accurately report their own income and holdings for tax purposes. However, the CRA does look for ways to… Read More

A neon fingerprint, representing a pause on the requirement for biometrics for those applying for immigration status within Canada

Immigration

Updates on Immigrating to Canada & COVID-19

While COVID-19 shut down most of the processes for immigrating to, visiting, or staying in Canada, things are slowly starting to turn around. Over the last few weeks, important updates have been made in relation to online applications, applications for renewals, and biometrics. Online Application Process Re-Opens As of this month, Immigration, Refugees and Citizenship Canada (IRCC) announced it is resuming the processing of applications for visitor visas (including transit visas) and electronic travel… Read More

A datebook calendar representing time changes regarding tax court of canada proceedings

Uncategorized

Tax Courts Set to Resume, Though With Limited Capacity

During the peak of the COVID-19 crisis in Canada, the Tax Court of Canada cancelled judicial sittings from March 16, 2020. After just over four months without hearing any cases, the court has issued a Notice to the Profession announcing services will begin to re-open as of July 20, 2020. However, not all services or locations will be starting right away. Limited Tax Court Locations Even with courts back in operation,… Read More

A vintage photo of a window for a business where people could pay income taxes in NYC

Corporate Tax Planning

Report Indicates Staggering Number of High-Income Non-Filers in the United States

A recently released report from the United States’ Treasury Inspector General for Tax Administration (TIGTA) raised a flag concerning the Internal Revenue Service’s failure to pursue high-income earners who fail to file their taxes. Just how rampant is non-filing amongst high-income earners? The results of the study may be enough to raise eyebrows. How much money is lost due to non-filing? The report states that non-filing, which is a crime when… Read More

A person beginning an order with UberEATS on a laptop screen

Business Management

SCC Paves Way for UberEATS Class Action to Continue

Ridesharing apps such as Uber and Lyft have changed the transportation industry and have shown how industries long thought to be established and settled, such as the taxicab or food delivery industries, can be upended by technology and fresh thinking. From a user-perspective Uber might be an incredibly convenient way to get around or a better way to order food beyond standard home delivery options such as pizza. However, some Canadians working as drivers for… Read More