A. IBRAHIMJan 6, 20193 min readReporting the sale of your principal residence on your tax returnIncome Tax Act s. 40(2)(b) Principal Residence Exemption (PRE) When a principal residence is sold, the gain is not taxable if it has been...
A. IBRAHIMFeb 22, 20182 min readWHAT’S NEW OR CHANGED FOR 2017 TAX-FILING SEASON (2017 TAX YEAR)?For 2018 tax filing, here are changes you can share with clients: Changed credits and amounts Tuition, education, and textbook credits –...