The law changed June 29th facilitating these transfers and the next day the government put out a statement June 30th that you needed to...

Revised December 9th, 2021 - This program has been extended to July 31, 2022. On Thursday, April 29, 2021, Monte McNaughton, Minister of...

My association has been lobbying the Federal Government to extend the tax filing deadline this year as Ontario is in lock down (see...

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...

I hope everyone had a Happy New Year and that 2021 is better than 2020! However, you can still do some a few items at this time of year...

This was written by another Chartered Professional Accountant member and a good read. David Prowse CPA, CA, December 15, 2020 I believe...

The government of Canada announced the 2021 automobile rates. Since most clients use kilometer reimbursement in the past that drive more...

Ontario has announced new measures to assist with business's impacted by the up coming lock down. The funds will start in January 2021...

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...

The government of Canada announced on October 9th, 2020 that an additional $20,000 loan would be available of which only $10,000 has to...