Tax

by Jason Rosen

Principal Residence Exemption

The benefit of the principal residence exemption is obvious. As long as the sale qualifies, you will not pay tax on the profit you made from selli...

by Jason Rosen

Gross Negligence Penalties

If you, knowingly or under circumstances amounting to gross negligence, made a false statement or omission on your tax return, the Canada Revenue Age...

by Jason Rosen

Tax Residency

Canada allows its citizens to be residents of Canada for tax purposes, and non-residents of Canada for tax purposes. This is an important distinction...

by Jason Rosen

Employee vs. Independent Contractor

Many individuals choose to categorize themselves as an independent contractor (self-employed) rather than an employee because of the various tax advan...