Liabilities for Closing Agents, and Realtor, on the death of Foreigners (Nonresident Aliens) When a nonresident alien dies owning U.S> real estate, a 10-year IRS estate tax lien automatically attaches…

CRA Gets a New Tool to Help Audit Taxpayers In the 2025 Federal Budget, the Canadian government confirmed that it intends to proceed with measures with respect to non-compliance with…

CRA says bare trusts won't have to file for 2025 unless... ... legislation is 'enacted well in advance' of tax-filing deadline. Legislative changes aren't yet in, a notice of ways…

Video Tax News: The wait is over: Federal Budget 2025! The Federal Budget for 2025 has been released. Traditionally, it is tabled in the spring, but for 2025, the government…

Trust Filings: Dining, Recreation or Sporting Facilities When a NPO provides dining, recreational or sporting facilities to their members, a trust is deemed to exist and is subject to tax…

"Is your family business ready for its next chapter?" For many family-owned enterprises, the dream is clear-passing a thriving business onto the next generation. This transition is more than an…

On August 15, 2025, the Federal Department of Finance released draft legislation enhancing the reporting requirements for non-profit organizations (“NPOs”). First announced in the 2024 Fall Economic Statement, these measures…

Jamie Golombek: You can deduct moving expenses if you moved for work, but your new home must be at least 40 km closer to work Moving can be very expensive,…