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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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? […]