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About Personal Tax Advisors

Sunny Widerman has been preparing income tax returns for entrepreneurial Canadians and their friends since 2002. Her friendly, non-judgemental approach to tax services and advice and lively public speaking style have made her a favourite among audiences and clients alike. She has been featured by Advisor's Edge, the Canadian Media Guild, the Professional Writer's Association of Canada, the Editor's Association of Canada, CARFAC Dispatch and others.

Basics of Canadian Taxes for Immigrants (Updated 2025)

As an immigrant to Canada, it's important to understand the Canadian income tax system and your tax obligations. Whether you're a permanent resident, a temporary worker, or a student, you'll probably need to file a tax return with the Canada Revenue Agency (CRA) each year. Do you need to file a Canadian income tax return? [...]

February 16th, 2024|

Real Estate – New reporting rules for bare trusts as of 2023

Bare trusts no longer exempt from filing Real estate investors who own properties under a Bare Trust arrangement need to be aware of CRA's new reporting rules. In prior years bare trusts were exempt from filing returns with Canada Revenue Agency (CRA). Going forward, any trust with a fiscal year end of December 31, 2023 [...]

December 14th, 2023|

Why Good People File Taxes Late | Filing Back Taxes

You may be feeling guilty or ashamed about filing late returns going back a few years, but there’s probably a good reason you fell behind. Why Do People File Late? It starts with the first one... Many people who usually file on time fall behind one year because of some kind of disruption in their [...]

September 15th, 2023|

Capital Gain On A Principal Residence That Becomes A Rental

As you may know, you don't pay tax in Canada on the sale of your principal residence. But what if the property was your principal residence, but was an investment property by the time you sold it? Q: I purchased my home 20 years ago for $120,000. Fifteen years later I converted that principal residence [...]

August 21st, 2023|

Don’t despair if you’ve fallen years behind on your tax filing

It starts with missing one year. Tax time rolls around and you’re going through some things so you put it off or it slips your mind. Second year – it happens again. It starts to bother you, but life is hectic. Third year: now it’s becoming a habit not to file. Every now and then, [...]

June 27th, 2023|

Avoid double taxation in Canada by making a Foreign Tax Credit claim

What is double taxation? If you live in one country but earn income from a payer in another country, sometimes that income is taxed by the foreign government. When you file your taxes in your home country, you must declare that income, and it may trigger tax in your home country as well. This situation [...]

May 9th, 2023|

Deducting business-use-of-home expenses

What is the business-use-of-home deduction? Business-use-of-home is a means by which a business owner can deduct expenses for the business use of a work space in your home, as long as you meet one of the following conditions: it is your principal place of business; OR you use the space only to earn your business [...]

April 8th, 2023|
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