Canadian Tax Podcast 014: TFSA; US Contractor; Inter-corporate Loans;

Canadian Tax Podcast for the week of June 14th, 2021. This week we cover:

  • The ProPublica tax leak;
  • CRA releases details on new tax scam;
  • More detail on G7 worldwide corporate tax proposal;
  • Bill C-208;
  • What to do with a TFSA if you move to the US;
  • Canadian resident doing contract work for US client;
  • Inter-corporate loans;

Continue reading “Canadian Tax Podcast 014: TFSA; US Contractor; Inter-corporate Loans;”

Canadian Tax Podcast 012: PSB’s, W-8BEN-E, and Dual US/CAN Citizen.

Canadian Tax Podcast for the week of May 10th, 2021. This week we cover:

  • No post-tax season filing extensions;
  • Represent A Client broke;
  • Covid benefits tied to 2020 T1 filing;
  • Personal Services Business (PSB) myths;
  • Contractors: How to fill out the W8-BEN-E form;
  • Dual Citzen (US/CAN) filings;

Continue reading “Canadian Tax Podcast 012: PSB’s, W-8BEN-E, and Dual US/CAN Citizen.”

Canadian Tax Podcast 008: Incentive payments; Climate Action Incentive; US Double Tax;

Canadian Tax Podcast for the week of April 19, 2021. This week we cover:

  • Revenue Quebec filing extension;
  • Federal Budget Day;
  • CRA Filing deadline unchanged;
  • CPA Canada PACT guide;
  • What to do with an incentive reimbursement or credit card cash back payment;
  • Mechanics of the Climate Action Incentive;
  • Double-tax on US-source income;

Continue reading “Canadian Tax Podcast 008: Incentive payments; Climate Action Incentive; US Double Tax;”