by Nguyen Scott LLP | Jun 11, 2025 | Personal Tax
A guide from Nguyen Scott LLP to help you navigate your taxes with confidence. Taxes can be tricky—but they don’t have to be overwhelming. At Nguyen Scott LLP, we believe every Canadian should feel confident and informed when it comes to their personal and business...
by Nguyen Scott LLP | May 22, 2025 | Personal Tax
Tax season is here, and for some Canadians, that means owing money to the Canada Revenue Agency (CRA). If you have a tax balance owing, it’s important to know your payment options, what to do if you can’t pay in full, and how to avoid penalties and interest. At Nguyen...
by Nguyen Scott LLP | Apr 24, 2025 | Personal Tax
Tax season can be overwhelming, and making mistakes on your income tax and benefit return can lead to delays, lost refunds, benefit interruptions, or even audits. To help you avoid common pitfalls, we’ve compiled a list of the most frequent tax errors that the Canada...
by Nguyen Scott LLP | Apr 10, 2025 | Personal Tax
If you’ve sold your principal residence, it’s important to understand the tax implications and reporting requirements set by the Canada Revenue Agency (CRA). Many homeowners assume that since their home was their principal residence, they don’t need to report the...
by Nguyen Scott LLP | Mar 13, 2025 | Personal Tax
Owning a rental property can be a great investment, but it comes with tax implications that every property owner needs to understand. From rental income to capital gains, knowing how to manage taxes on your rental property can help you maximize your profits and avoid...
