Understanding the risks of unauthorized forex trading platforms: Learn about RBIs warning and the implications for Indian residents.
Discover how RBIs booklet ‘BE(A)WARE – Be Aware and Beware! can help protect you from frauds. Learn the tricks of trade to safeguard your valuable financial resources.
Understanding the significance of gifting in Canada: explore the benefits and income tax implications of charitable donations.
Explore the USA Green Card by Investment (EB 5 Program): a unique path to permanent residency through job creation in rural areas.
Explore Canadian taxation on capital gains and losses with insights from Canada Revenue Agency. Learn the basics, such as calculating proceeds of disposition and adjusted cost base. Discover how to claim capital gains deductions and navigate Schedule 3 for reporting. Dive into real-life case studies and find out about the lifetime capital gains exemption limit. Uncover details about foreign currency transactions and corporation tax implications.
Discover the role of the authorized representative in the Insolvency and Bankruptcy Code, 2016. Learn about the challenges faced by homebuyers and the need for this concept.
Understanding Canadian taxation and the role of foreign income. Learn about the importance of filing Form T 1135 E to avoid penalties.
Learn about Canadian taxation for the tax year 2021. Explore the process of filing income tax returns and understanding form T1.
With the increasing rings of cellular phones, any CPA from USA will tell you the sleepless nights he/she encounters these days due to the current US tax season 2021-22. A large scrutiny of past returns as early as 2001-2003 in my client’s case, withholding of passport for non-filing of tax returns, and regular audit of […]
In 2014, the IRS issued Notice 2014-21, 2014-16 I.R.B. 938 explaining that virtual currency is treated as property for Federal income tax purposes and providing examples of how longstanding tax principles applicable to transactions involving property apply to virtual currency. With our income tax authorities going to bite virtual currency as explained in the recent budget […]
