Tax Tips and Guide

Drop Shipping And Sales Tax

The South Carolina retailer is only registered in the state of South Carolina for sales and use tax purposes. In a nutshell, if you use drop shipping in Pennsylvania and you have nexus there, you’d be the one to collect sales tax, not the whole... Read more

Adjusted Gross Income

Or your tax preparer will calculate your adjusted gross income as part of the process of preparing your tax return. If you're like many people, you dread doing your taxes each year – and with good cause. The process is complicated and riddled with ph... Read more

Irs Cp2000 Letter Overview

The IRS will then pass this notice along to you. If you are married and filed jointly, both you and your spouse must sign the notice. You will want to double-check your financial activity for the year cited before you conclude whether the figure on t... Read more

T2 Corporation Income Tax Return

This provision is meant to trigger PE treatment for one-owner professional service providers or self-employed consultants providing services in Canada for a significant time. The Canadian treaty creates a PE, and thus a filing requirement, in certain... Read more

Filing Taxes As A Self Employed Canadian

Of course, it’s easy to look at a gross amount of income on a cheque and think it all belongs to you, but if you go about it that way, come tax season, you’ll be in for quite a shock. The CRA actually has a pretty good tip sheet for how m... Read more

Canadian Gst And Pst Tax Reports

Types of indirect taxes (VAT/GST and other indirect taxes). The three different tax models used in Canada are GST, HST, and PST. The names in each time zone change along with Daylight Saving Time. Eastern Standard Time becomes Eastern Daylight Time ,... Read more