Tax

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 […]
March 20, 2020

Tax deadline extended due to COVID-19 crisis

The federal government is giving Canadians more time to file and pay their taxes this year, as a result of the COVID-19 pandemic.   TORONTO — […]
February 25, 2020

Everything you need to know to file your taxes in 2020

If you purchased a home using the Home Buyers’ Incentive or were prescribed cannabis for medical use then you may be affected by changes to Canada’s […]
February 13, 2020

RRSP contribution deadline is March 2, 2020

RRSP March 2, 2020 is the deadline for contributing to an RRSP for the 2019 tax year. December 31 of the year you turn 71 years of age is the last day […]
February 1, 2020

Calgary widow forced to pay $270K to CRA

Calgary widow forced to pay $270K to CRA over beneficiary oversight Donna Phillips’ patience is wearing thin as she fights to have $270,000 in tax losses […]
January 24, 2020

Tax, Tips and Traps

TAX TICKLERS… some quick points to consider…   The amount of income an individual can earn without paying tax (basic personal amount) will begin increasing in […]
January 3, 2020

Tax Changes Canadians Need to Know About for 2020

Written by: Sean Cooper When you look at your household budget, the amounts you’re spending on mortgage/rent, transportation and food are usually top of mind. While all […]
December 20, 2019

These are the tax changes you need to know about for 2020

Jamie Golombek: For one, there’s an increase to the basic personal amount Canadians can earn before facing federal income tax This week, the government announced increases […]
December 4, 2019

YEAR-END TAX PLANNING

December 31, 2019 is fast approaching… see below for a list of tax planning considerations. Please contact us for further details or to discuss whether these […]