2023 Ontario Budget Highlights

On March 23, 2023, Finance Minister Peter Bethlenfalvy delivered the province’s budget. The budget anticipates a deficit of $2.2 billion for 2022-23, a deficit of $1.3 billion for 2023-24 and a surplus of $0.2 billion for 2024-25. Although there are no new changes to...

Underused Housing Tax – Update

The legislation for the Underused Housing Tax (UHT) was enacted by the Federal Government on June 9, 2022, effective on January 1, 2022. The UHT is a 1% tax on the ownership of vacant or underused housing located in Canada. Affected owners must now file a new...

Underused Housing Tax

The legislation for the Underused Housing Tax (UHT) was enacted by the Federal Government on June 9, 2022, effective on January 1, 2022. The UHT is a 1% tax on the ownership of vacant or underused housing located in Canada. While this tax generally applies to...

Filing your 2022 US Tax Returns

For a printable version – Click Here The April 18, 2023 deadline to file your 2022 U.S. Form 1040 – U.S. Individual Income Tax Return is quickly approaching. However, if you reside outside the U.S. on April 18, 2023, the deadline to file your 2022 U.S. Form 1040...

Are you ready for Tax Time?

For a printable version Click Here. The May 1, 2023 deadline to file your 2022 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...