When wealthy clients discover their final tax liabilities for 2011, some may no doubt be surprised to find they owe Alternative Minimum Tax (AMT).
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The owner of a Canadian processing plant who had been exporting pork products to the US for nearly a decade, was taken aback when, for the first time, he received letters from three different state tax departments inquiring about the company’s business activities in those states.
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Tuesday, November 15, 2011
For many agricultural producers, it’s time to park the combine and start thinking about filing their taxes. The good news is that farmers have some special tools that can help them pay fewer taxes. Scott Dickson, MNP's Director of Livestock Services offers these tips.
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Tuesday, October 11, 2011
Buying U.S. property may not be quite the investment it once was.
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Stella Gasparro, a Taxation Services Partner with Meyers Norris Penny LLP in Markham discusses how to avoid the consequences of using company money to finance home renovations.
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Kevyn Nightingale, CA, CPA, of MNP's International Tax team discusses the new voluntary disclosure initiative put forward by the IRS.
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