Accounting and Tax Hub

US Citizens Who Are Residents of Canada Should Take Note

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In a decision dated July 13, 2023, Gwendolyn Louise Deegan v. Attorney General of Canada, et al., the Supreme Court of Canada has dismissed an application for leave to appeal filed by the appellant challenging the constitutionality of Part XVIII of the Canadian Income Tax Act. The Foreign Account Tax Compliance Act (FATCA) is a 2010 US anti-tax-evasion […]

Why You Should Outsource Your Bookkeeping Function

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Outsourcing bookkeeping services has become a popular option for businesses of all sizes, from small startups to large corporations. A bookkeeping service provider can offer a wide range of benefits to businesses that choose to outsource their bookkeeping functions. In this article, we will discuss the reasons why a company should outsource their bookkeeping to […]