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Best Business Tax solution in Toronto

How to avoid receiving various letters from the CRA in the future? Remember to do these three steps before leaving the country for peace of mind! Many friends often receive letters unexpectedly after leaving Canada: 👉 "Why am I still being asked to file taxes even though I've already left?" 👉 "Why did I receive a tax notice?" 👉 "I don't live here anymore, do I still need to file taxes?" To avoid these troubles, simply do these three things carefully before leaving the coun

[Real Case] ​​Xiaoli is an international student pursuing a master's degree in Toronto. Her parents send her 20,000 to 30,000 Canadian dollars annually from China to cover rent, tuition, and living expenses. One day, Xiaoli's bank suddenly called, saying her account had received a remittance of over 10,000 Canadian dollars from overseas and she needed to provide "proof of the source of funds," otherwise her account would be frozen. Xiaoli panicked immediately, thinking the mo

Every October, the overseas income tax audit season arrives on time! What should you do if you encounter a tax audit? Many people panic when they receive a letter from the CRA for the first time: "Haven't I already filed my taxes? Why are they still checking me?"

This is a real-life account of an IT specialist who may have been too astute about taxes , almost leading to a devastating financial blow from the tax authorities. Story Background： The "Perfect" Plan That Almost Exploded During an economic downturn, contract IT work was booming. Our protagonist, let's call him Jason, landed a lucrative contract with a major bank. His income was excellent. He heard from friends: "Starting your own company as a contractor saves a ton on taxes!