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February 7, 2024 Article

The Bare Facts on The New Bare Trust Reporting Requirements

The government has introduced new reporting requirements for bare trusts that are expected to have a significant impact on a large number of trusts that have not had to file in the past. How do you know if you are part of a bare trust arrangement?  Here a few
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February 7, 2024 Article

New Reporting Requirements For Trusts

Each tax season brings the enforcement of tax changes announced in the previous year. This year, while there were no changes to the income tax treatment of trusts, there are significant additional reporting requirements for trusts with a fiscal year ending on or after
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