Taxes changes Canada, Ontario, Carbon Tax Increase April 1, Personal Tax Filing Deaadlines

Welcome to 2022 and hope you had a Happy New Year! Auto Cost Rule Changes January 1, 2022 The Department of Finance Canada announced the...

$500 OAS Payment August 16, 2021 Canada

If you are holding any Crypto currency and you thought that no taxes would arise on your holdings when you sold them since they untracked...

The Ontario Budget was delivered today. Here is a summary of the highlights in the March 24, 2021 budget. Enjoy Peter 905-898-3355 Date:...

The next Federal Budget in Canada is April 19th, 2021 at 4pm. It has been 2 years since the last budget and it's coming within 11 days of...

The main COVIC-19 supports webpage was updated to note that Business owners can apply for support until June 30, 2021 through their banks...

On March 17, 2021, the U.S. Internal Revenue Service (“IRS”) issued IR-2021-59 whereby the U.S. Treasury Department and the Internal...

Ontario to Release the 2021 Budget on March 24th at 4pm. The Government will outline next phase of Ontario’s COVID-19 Action Plan If you...

For those that needed government help during the pandemic and have received the Canada Recovery Benefit (CRB) then you may have a tax...

A couple of tax programs to be aware of that could get you some tax money back on needed renovations for those age 65 or older that make...

Bruce Ball, FCPA, FCA, CFP on January 28, 2021 from my association has put out a good summary of the tax items that can be encountered in...

An update, the Ontario Small Business Support Grant is now open for applications. Ontario Small Business Support Grant Applications are...

On December 15, 2020, the CRA released details on new methods to claim home office expenses. The update includes: -New temporary flat...

The Canada Revenue Agency has announced the CPP rates for 2021. The maximum pensionable earnings under the Canada Pension Plan (CPP) for...

It's middle of November and tax planning time has come. Why you may ask? Most items in the Income Tax Act are to be completed on a...