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…
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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…
COVID&Working From Home
COVID-19 HAS CHANGED THE LANDSCAPE OF ALMOST EVERYTHING FOR CANADIANS – FROM HOW WE INTERACT WITH OUR FRIENDS AND FAMILY, TO HOW AND WHERE WE WORK.…
2020: Year-End Tax Tips
The government introduced a number of measures in 2020 to assist individuals who have been affected by COVID-19. We’ve put the main ones together with some…
Understanding Capital Dividends
A capital dividend can be classified as what is paid out, tax-free, to Canadian shareholders. These payouts are distributed from the capital dividend account (CDA), which…
CEWS Claims
So far, there have been over 1,500,000 CEWS claims submitted, providing thousands of businesses with much-needed funding to help them keep their doors open. However, there…
Your CRA Pin
Using the PIN service You can now create a PIN for the individual income tax and benefits enquiries lines. Your PIN will quickly confirm your identity…