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Financial Literacy for Strata Councils and Owners: The Income Statement

Aug 8, 2016 | Strata & Council, Strata Corporations

Income Statement The statement of operations or income statement is one of the reports commonly presented to Strata Council, Owners and professional managers for periodic review. This statement is fairly intuitive but is often not fully understood because the purpose...

Personal Tax Tip – Reporting Foreign Income, Property and Investments

Apr 13, 2016 | Not-for-profit Organizations, Strata & Council

Foreign Property Reporting Requirements Canadian residents are required to report their income on a worldwide basis. In addition, every individual must indicate on their personal income tax return whether they own “Specified Foreign Properties” with an aggregate cost...
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