Benefits, Credits & More
Did you know: the federal and provincial governments offer all kinds of cash incentives!? We’re here to let you in on some secrets… 1. Check for…
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Canada-Alberta Job Grant
The Canada-Alberta Job Grant (CAJG) is a training program where an employer applies on behalf of their present or future employee(s) for eligible training costs. Employers…
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…
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)…
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…
Wealth Planning: Work from Home Expenses
With the transition to working from home as a result of the COVID-19 pandemic, many questions have come up regarding eligibility for home office deductions that…
Wealth Planning: Medical Expenses
Out-of-pocket medical expenses can be claimed as a non-refundable tax credit on your personal tax return, which is used to reduce the total tax payable. Non-refundable…