Posts by Staff

If you live outside Canada and own a Canadian rental property, an NR6 application may allow you to reduce the amount of tax withheld from your rent during the year. For many non-resident landlords, filing an NR6 makes sense. However, it is optional and comes with filing obligations that should be understood before applying. Renting…

One of the most common questions we receive from emigrants is what happens to their RRSP after leaving Canada. Moving abroad does not mean you need to collapse your registered retirement savings plan (RRSP). In fact, many Canadians who emigrate keep their RRSPs in place for decades after leaving the country. Your RRSP remains tax-deferred…

Changing accountants can feel like a bigger job than staying with one who is no longer a good fit. Your current accountant may know the history of your corporation and have access to its records. You may be unsure where to start without disrupting the business. The transition can take more coordination if your accountant…