Frequently Asked Questions

I need a medicine professional corporation setup, what should I be aware of?

If I have a rental property in the U.S., what do I need to attach with my US tax returns to ensure the IRS accepts the figures reported?

How can I split my company's business profits with my children?

What tax deductions can Americans working for a Canadian company in Canada claim?

Do I have to include a car allowance that I receive from my employer in my income?

My corporation is inactive and I would like to dissolve it, what should I be aware of?

How are RRSPs taxed in the U.S.?

How are IRAs and Roth IRAs taxed in Canada?

Who is required to complete the "Report of Foreign Bank and Financial Accounts (FBAR)" with the IRS?

Do I have to issue myself a T5 Slip if I took dividends from my company?