Articles by Karen

Canada Revenue Agency Form

New Trust Reporting Requirements

By Karen | February 23, 2024

Good afternoon: You may have already heard about the new Trust reporting requirements that have been in the news recently.  You may have a trust relationship which you may not be aware of, and these trust returns are due by March 30, 2024.  Please click on this link for details:¬†https://www.canada.ca/en/revenue-agency/services/tax/trust-administrators/t3-return/new-trust-reporting-requirements-t3-filed-tax-years-ending-december-2023.html It is important that you…

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Underused Housing

What you need to know about the Underused Housing Tax(UHT)

By Karen | March 16, 2023

You may have already heard about the Underused Housing Tax that was recently announced.  Please click on this link for details:  https://www.canada.ca/en/services/taxes/excise-taxes-duties-and-levies/underused-housing-tax.html#1.  It is important that you review this information. If you are an affected owner of a residential property in Canada on December 31, 2022 you will have to file an Underused Housing Tax return due…

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