Blog Posts

Visit our blog for the MNP perspective on topics ranging from project management to recent changes in the regulatory environment and other important business developments.

Specifics of the OVDI Only Raise More Concerns

Friday, December 23, 2011 by Kevyn Nightingale
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After several weeks speculating about the implications of the IRS’ new “incentives” for Americans in Canada filing belated tax returns. The IRS has now confirmed that the Fact Sheet was the guidance the Ambassador had alluded to when he promised further relief.
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Salary vs Dividends: Which is Right for You?

Friday, December 09, 2011 by Regan Exner
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When it comes to owner-managed corporations, the salary vs. dividends compensation conundrum is one of the most frequently discussed topics between clients and their accountants. There are clear advantages and disadvantages to both, but choosing which is right for you will depend on a number of personal factors and preferences.
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IRS Relief for Americans in Canada Isn't What We Hoped For-- Or What We Were Promised

Friday, December 09, 2011 by Kevyn Nightingale
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The IRS keeps coming up with new “incentives” for Americans in Canada who haven’t filed US returns, but want to come clean and file. The US Ambassador to Canada said more relief would be on its way and the IRS followed through promptly. However, the release that was recently issued now raises more questions than it answers.
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