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Recently there has been a surge in the number of clients inquiring about the taxation of inherited qualified accounts, such as: Registered Retirement Savings Plan (RRSP), and Registered Retirement Income Fund (RRIF). Individuals are confused on whether to liquidate the accounts, continue investing or transfer ownership. The situation gets even more complicated in the case...
Here at AGTax LLP we receive numerous calls on a daily basis regarding the Foreign Bank Account reporting form (FBAR), also known as the FinCEN Form 114. Due to recent changes in the acceptable filing methods for the FBAR, we thought it would be a good time to go over those changes in detail, as...
Working with a tax accountant is a smart way to ensure that your business performance and personal financial planning are adequately monitored and controlled. In times of increasing economic stress, it becomes more important to ensure that plans are followed and corrective actions, if needed, are implemented as quickly as possible. The following lists outline...
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© AG Tax LLP | All Rights Reserved | Website by AromaWebDesign.com