• Daniel Gray CPA US Tax Services Toronto Canada

IRS relief to victims of Hurricane Irma

Announcement 2017-13 provides relief to victims of Hurricane Irma, which caused damage to Florida and other areas. It permits easier access to victims’ funds held in workplace retirement plans and in IRAs, for the period beginning Sept. 4, 2017, and ending Jan. 31, 2018. The relief provided in the announcement is in addition to the relief already provided by the IRS pursuant to News Release IR-2017-150.


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Canada a tax haven!?

Quick study of short term gain IRS vs CRA CANADA - For the past 20 years, capital gains in Canada have been 50% taxable. Depending on one's province of residence, for high-income earners, the marginal