Walsh King Announces Kulwant Sidhu as new Tax Partner
The partners of Walsh King LLP are proud to announce the appointment of Kulwant Sidhu, CPA, CA as a Tax Partner. Kulwant moves into this new leadership role in the tax group from her position as…
CAPITAL GAINS OR LOSSES
The full details of any sale of shares, bonds, real estate or other properties in a taxation year, should always be disclosed to your accounting team. Important details include: A brief description of the property disposed…
PRINCIPAL RESIDENCE EXEMPTION
Prior to 2016, taxpayers disposing of a property qualifying as their principal residence did not have to report the sale on their income tax return. However, beginning in the 2016 tax year, all dispositions (or change…
MEDICAL EXPENSE ELIGIBILITY – SERVICE ANIMALS FOR SEVERE MENTAL DISABILITIES AND RELATED EXPENSES
The list of medical expenses eligible under the Medical Expense Tax Credit changes from year to year and province to province depending on where the taxpayer resides. Beginning in 2018, the Medical Expense Tax Credit has…
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