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A disability situation can make life difficult for the disabled person and their family. The person has additional expenses to support their disability needs. For this reason, the Canada Revenue Agency (CRA) provides a Disability Tax Credit as well as other disability benefits to help minimize their tax burden. However, many times taxpayers are not well-informed about...
Canadian taxpayers, on occasion, refrain from filing tax returns due to a fear of possible tax debt. However, under particular circumstances, the Canadian Revenue Agency (CRA) will actually reduce tax debt for certain taxpayers. AG Tax professionals have highlighted situations during which the CRA may reduce tax debt, and have briefly summarized the CRA Tax...
The IRS has made recent changes to the ‘Innocent Spouse Relief’ program (for more details see our previous article). Given the reforms that are taking place, the professional accountants at AG Tax think that a general understanding of the Innocent Spouse Tax Relief program would be helpful for those who are applying for the first...
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