Personal Income Tax Reporting in Ottawa
- In light of constantly changing of personal income tax laws, preparing personal income tax returns can be complex. If prepared incorrectly, you could be missing out on personal income tax credits or tax deductions, resulting in more income tax than you should be paying.
- As a Chartered Professional Accountant (CPA) in Ottawa, PK accounting has the expertise and experience in personal income tax return preparation and are on top of new developments in personal income tax laws. I’ll ensure that you’ll benefit from personal income tax planning strategies to take advantage of all available deductions and exemptions.
What are taxable residents?
Taxable residents include but are not limited to (1) Canadian citizens (2) New immigrants who have lived for 183 days in the year (3) International students who have lived for 183 days in the year (4) Visitor visas that have lived for 183 days in the same year. People (5) studying abroad (such as the United States), Canadian tax residents with scholarships or income (6) foreign workers holding Canadian status, spouses, minor children or dependents living in Canada (7) Canada in a foreign country governmental agents.