by cpiwebdesign | Oct 28, 2025 | Business Advisory
With the rise in cyberattacks and third-party attempts to defraud Canadian taxpayers, the Canada Revenue Agency (CRA) is emphasizing the importance of individual taxpayers creating and utilizing their own CRA My Account. This secure online portal allows taxpayers to...
by cpiwebdesign | Feb 24, 2025 | Business Advisory
U.S. tax rules utilize the “Substantial Presence Test” (SPT) as a method to determine tax residency. This test counts the number of days that an individual is physically present in the U.S. over a three-year period. For 2024, the SPT formula is calculated as the...
by cpiwebdesign | Feb 18, 2025 | Uncategorized
The deadline to file your 2024 T1 Income Tax Return is April 30, 2025. In continuation with our practices from the past three years, Lipton will be requesting that all of our clients send us their 2024 T1 Income Tax information in digital form. Our Secure File Portal...
by cpiwebdesign | Feb 12, 2025 | Business Advisory
The April 15, 2025, deadline to file your 2024 U.S. Form 1040 – U.S. Individual Income Tax Return is quickly approaching. However, if you reside outside the U.S. on April 15, 2025, the deadline to file your 2024 U.S. Form 1040 is automatically extended to June 16,...
by cpiwebdesign | Feb 11, 2025 | Business Advisory
The April 30, 2025 deadline to file your 2024 personal income tax return is quickly approaching. As a result of changes in tax laws and the ever-increasing complexity in preparing personal tax returns, please gather your required tax information (as outlined in the...
