2021 Alberta Budget
On February 25, 2021, Alberta Finance Minister Travis Toews tabled Alberta’s 2021-24 three-year fiscal plan (Budget 2021). The global pandemic and the crash in oil prices…
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Tips for Mileage Tracking
Have you read our blog post about the new automobile allowance limits for 2021? Well, we’re carrying that forward by sharing tips on ways to better…
Don’t Neglect your RRSP
With the RRSP (Registered Retirement Savings Plan) deadline of March 1, 2021, just a week or so away, here are some RRSP stats, and the reason…
Enhanced Business Benefit
Businesses that can demonstrate a revenue reduction of 60% or more will be eligible to receive 15% of their monthly revenue, up to a maximum of…
CERB Claw backs: Cancelled!
As of February 16, 2021, the CRA announced interest relief for certain individuals who received COVID-19 income relief in 2020. Certain Canada Emergency Response Benefit (CERB)…
Critical Worker Benefit
Overview: About 380,000 public and private-sector workers will receive one-time payments of $1,200 for putting themselves at risk on the job during the COVID-19 pandemic. Health-care and…
Fraudulent CERB Claims
In a recent conversation with another accountant, we came across a troubling situation that all taxpayers should be aware of. In August 2020, CRA was the…