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    American/Canadian Taxes

    Individuals with Canadian and U.S. tax requirements may find valuable tax information on www.madanca.com .
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    When to roll over IRA to RRSP?

    Individuals with Canadian and U.S. tax requirements can find valuable tax information on www.madanca.com .
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    CONFUSION

    You should file the remaining. You should also amend the personal tax return for that particular year to include the information from the remaining T4 and attach the T4 and a letter explaining your situation. In order to avoid penalties and interest, you can consider filing the T4 and amended...
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    Personal finance blog

    Thank you. Look forward to reading the finance questions and answers to be posted here in the future. Sincerely, Madan CA www.madanca.com
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    Tax implications - tips for our plan please

    For your inquiries, a good read would be CRA's Income Tax Folio - S5-F1-C1: Determining an Individual's Residency Status. Hope you find the folio beneficial. Sincerely, Madan CA www.madanca.com
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    Self Employed (Author, Writer)

    Hi, When residing in Canada, remember to check whether you will have any tax implications in Canada from your earned income. If yes, ensure to comply with all tax requirements in order to avoid any penalties and interest. Sincerely, Madan CA www.madanca.com
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    CPA Canada

    There are courses such as PASS and Densmore that prepare candidates for the exams. It is beneficial to sign up for their programs. Sincerely, Madan CA www.madanca.com
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    job offer in I.T ??

    Search using the following search engines: http://www.eluta.ca/ http://ca.indeed.com/ http://www.monster.ca/ Sincerely, Madan CA www.madanca.com
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    I missed the exam for citizenship twice. PLease help

    You should contact Citizenship and Immigration Canada for more information. Please see link below: http://www.cic.gc.ca/english/contacts/index.asp Sincerely, Madan CA www.madanca.com
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    Bringing Foreign Savings To Canada

    RBC - http://www.rbcroyalbank.com/commercial/cashmanagement/_assets-custom/pdf/WP-FS-EN.pdf ; http://www.rbcroyalbank.com/products/deposits/wire-payments.html ; Scotiabank - http://www.scotiabank.com/ca/en/0,,2815,00.html ; Sincerely, Madan CA www.madanca.com
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    working in a tax free country

    Hi, If your husband has residential ties to Canada, he will be considered to be a Canadian resident for tax purposes and hence, he will be taxed in Canada on all income earned (worldwide) . For more information on residency in Canada, please visit...
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    Have PR and living abroad

    Hello Ahalaa, Based on the facts provided, it does not seem that you were even a resident of Canada for tax purposes in 2012 and thereafter. This is because: 1) You or your family did not stay for more 183 days, and 2) You or your family didn't establish primary ties to Canada, like settling...
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    Moving from Ontario to Alberta

    Hello mohabeb, No, you should not prepare a tax return before you leave Ontario. You should prepare it after the year-end, because the information to report on the tax return will pertain to your activity throughout the entire 2014 year. The federal governments have benefits and credits in...
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    Do you have to notice previous employer for new SIN NUMBER???

    Hello, That's a good question! You can always ask the representatives at the individual taxation line in the Canada Revenue Agency at 1-800-959-8281. They have knowledgeable people who will be better equipped to help you out. Madan Chartered Accountant team www.madanca.com
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    Need help calculating take home pay vs taxes

    You're quite welcome! Please use the payroll calculator in the link on your own as well, as some of the assumptions we made may be incorrect (for example, you may have a different pay period). Madan Chartered Accountant team www.madanca.com
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    Need help calculating take home pay vs taxes

    Hello, Assuming an annual gross salary of about $45,000, and a 24 pay periods (semi-monthly payment), we found the following information: Monthly source deductions (EI, CPP, income tax) = 878.80 Monthly net salary (after source deductions) = 2,871.20 We used the payroll deductions calculator...
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    Transfering money and Tax

    The transfer of funds in itself is not taxable. There is no limit of transfer either. The reporting of foreign funds/properties for Canadian tax purposes becomes a requirement if you have foreign funds and properties that are more than $100,000. Madan Chartered Accountant team www.madanca.com
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    Query about Non refundable tax credits

    Appreciate the kind words. All the best in your efforts. Madan Chartered Accountant team www.madanca.com
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    Query about Non refundable tax credits

    Hello kyogesh, With regards to the spouse or common-law partner amount, please check http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/303/menu-eng.html Incidentally, your spouse could be considered a resident of Canada for tax purposes by virtue of your residency...
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    Finance & Tax Implications on PR Cancellation

    With regards to the SIN, I'm not sure what to tell you. Perhaps you want to consult the website below, or its representatives by giving them a visit/call? Do let us know what you find out, because there may be other individuals in your/similar situations. Madan Chartered Accountant team...