If you have clients who are self-employed and deducting business expenses on their tax returns, they need to keep receipts. Otherwise they could face an uphill battle with the Canada Revenue Agency over the validity of their expenses. Fortunately, there’s precedent for allowing expenses to be claimed even without receipts if the CRA (or, ultimately, …
The new Liberal minority government will be pressured to take a more aggressive approach to raising tax revenue than outlined in the election campaign, tax experts suggest, as the party will need opposition support for spending programs and to manage the deficit. The government’s tax policy “will be influenced by the NDP, because [the Liberals …
We are a team of accounting professionals who have over 20+ years of experience in Expatriate & Non-Resident Tax Services, as well as general Corporate and Individual Tax Services.
Copyright © 2022 Expatriate Tax
