Author Archives: advancedtax

Selling a Principal Residence

Reporting Requirements on the Sale of a Principal Residence The Government announced an administrative change to Canada Revenue Agency‘s reporting requirements for the sale of a principal residence on October 3, 2016. This was to address perceived abuses of the exemption. When you sell your principal residence or when you are considered to have sold […]

Financial Modelling

How Financial Modelling Works Financial models are mathematical models used to calculate or estimate financial data. A financial model may be a simple formula or a complex system of variables, depending on each use. Financial modelling is used in many business companies for financial data analysis and quantitative business aspects. These models are also helpful not […]