Information About Rosen Tax Law Blog

Divorce is a life-changing event that comes with significant legal, financial, and tax implications. A divorce settlement outlines how assets, debts, support payments, and other financial matters are divided between separating spouses. Understanding how divorce settlements work can help you navigate … Read more »

Running a small business in Canada comes with many responsibilities, including managing taxes efficiently. One of the best ways to lower your tax bill and improve cash flow is by claiming all eligible tax deductions. Small business tax deductions allow you to reduce taxable income, ultimately loweri … Read more »

Tax debt can be overwhelming, but Canadian taxpayers struggling to pay their tax obligations have options. The Canada Revenue Agency (CRA) offers various tax debt relief programs designed to help individuals and businesses manage, reduce, or eliminate their tax liabilities. Understanding these progr … Read more »

Disputing a tax assessment with the Canada Revenue Agency (CRA) can be a daunting process. Fortunately, the Tax Court of Canada provides an Informal Procedure for taxpayers who want to challenge the CRA’s decisions without the complexity and cost of a formal court hearing. The Informal Procedure is … Read more »

Dealing with the Canada Revenue Agency (CRA) can be overwhelming, especially when faced with tax penalties and interest due to unforeseen circumstances. If you owe taxes or have been reassessed but believe extraordinary circumstances prevented you from complying, you may be eligible for a Protective … Read more »