Gifting to charities can offer tax benefits but some gifts do not offer benefits of taxes. Make sure you understand the gift and the taxes that will incur with them before you make the donation. Tax services companies like KD can walk you through the donation process to ensure you make the right contribution for you and your tax return..
A lot of Canadians are struggling as a result of the COVID-19 outbreak. The Federal Government has responded with several economic measures to support individuals and businesses. Other organizations including financial institutions have stepped up as...
Students are often faced with financial difficulties as the cost of tuition continues to rise. With recent tuition rises parents and students have to worry about the taxes being paid. Tax service specialists like KD can walk students and their parents through the different ways to save on taxes.
Who needs to pay taxes to Canada and who needs to pay American taxes as well. American tax laws say that Americans living in Canada are required to file all of their taxes to the IRS. If your an American living in Canada talk to KD to determine if you need to file your taxes with the IRS as well.