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January 20, 2021

CANADA PENSION PLAN: Costs are Increasing in 2021

The maximum pensionable earnings and contribution rate for 2021 have now been released and are a surprise to many; the cost of CPP is significantly increasing. […]
January 19, 2021

CPP: When to Apply?

While the normal age to begin receiving regular CPP is 65, individuals can apply to start receiving earlier at a cost, or later for a greater […]
January 16, 2021

2020 YE Tax Planning

SOME 2020 YEAR-END TAX PLANNING TIPS INCLUDE: 1)      Certain expenditures made by individuals by December 31, 2020 will be eligible for 2020 tax deductions […]
January 15, 2021

Pattie Lovett-Reid: Pandemic aid will need to be included when you file your taxes

Tax season is fast approaching and Canadians will be required to include the total amount of any aid they received from a number of government programs […]
December 17, 2020

Federal government has no plans for debt forgiveness over CERB confusion, says Qualtrough

Employment Minister Carla Qualtrough said today she feels “bad” for Canadians who applied for the Canada Emergency Response Benefit thinking that they met the minimum income requirement, only to […]
November 16, 2020

CRA extends work-from-home reimbursement to cover office equipment, not just computers

At the Canadian Tax Foundation’s annual conference held in late October, the Canada Revenue Agency provided a bit of good news when responding to a couple […]
August 17, 2020

WORKING FROM HOME: Reimbursing Employees for Technology Costs

In an April 14, 2020 French Technical Interpretation, CRA was asked whether amounts paid to an employee for costs of equipment for working remotely would be […]
July 15, 2020

Strapped for cash? How to uncover unclaimed money that may belong to you

There could be lost cheques, a dormant bank account or an inheritance waiting for you Strapped for cash during the COVID-19 pandemic due to the economic slowdown? […]
May 24, 2020

STARTING A BUSINESS AND NOT GETTING PAID: Can I collect EI?

STARTING A BUSINESS AND NOT GETTING PAID: Can I collect EI? In a January 10, 2020 Federal Court of Appeal case, the Court conducted a judicial review of […]