Peter Wiesner
Family Business Transfers- All Good Until Nov 1, 2021 -or later!
The law changed June 29th facilitating these transfers and the next day the government put out a statement June 30th that you needed to...
top of page
Peter Wiesner
May 3, 20212 min
In Ontario Workers to Receive 3 sick days for COVID 19 issues -Extended July 31, 2022.
Revised December 9th, 2021 - This program has been extended to July 31, 2022. On Thursday, April 29, 2021, Monte McNaughton, Minister of...
47
Peter Wiesner
Apr 14, 20213 min
Looks Like No Tax Deadline Extensions based on CPA Canada discussions with Federal Government!
My association has been lobbying the Federal Government to extend the tax filing deadline this year as Ontario is in lock down (see...
29
Peter Wiesner
Mar 25, 20212 min
Do you have any undisclosed Crypto Currency transactions? A Voluntary Disclosure (VDP) maybe Needed!
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...
65
Peter Wiesner
Mar 24, 20211 min
Ontario Budget Highlights March 24, 2021
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:...
151
Peter Wiesner
Mar 23, 20211 min
Canada's next Federal Budget is April 19th, 2021. First budget in 2 years!
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...
100
Peter Wiesner
Mar 22, 20211 min
CEBA Loan Deadline Extended to June 30th, 2021 from March 31, 2021
The main COVIC-19 supports webpage was updated to note that Business owners can apply for support until June 30, 2021 through their banks...
16
Peter Wiesner
Mar 22, 20212 min
IRS Extends Federal Personal Tax Filing Deadline to May 17th from April 15th, 2021 (not all states).
On March 17, 2021, the U.S. Internal Revenue Service (“IRS”) issued IR-2021-59 whereby the U.S. Treasury Department and the Internal...
11
Peter Wiesner
Mar 11, 20211 min
March 24th, 2021 at 4pm -Ontario Budget is Coming
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...
24
Peter Wiesner
Feb 20, 20213 min
Canada Recovery Benefit, Watch Out if You Made More than $38,000
For those that needed government help during the pandemic and have received the Canada Recovery Benefit (CRB) then you may have a tax...
88
Peter Wiesner
Feb 19, 20213 min
Time for Renovations in Ontario in 2021 for those Age 65 and Older
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...
121
Peter Wiesner
Feb 2, 20217 min
Tax Items Related to COVID19
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...
42
Peter Wiesner
Jan 17, 20211 min
Ontario Small Business Support Grant Program Open for Applications
An update, the Ontario Small Business Support Grant is now open for applications. Ontario Small Business Support Grant Applications are...
14
Peter Wiesner
Jan 2, 20213 min
It's 2021 and Happy New Year! A few things to do in the short run to keep more money in your pocket!
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...
32
Peter Wiesner
Dec 31, 20205 min
Five Things You Should Do in 2021 to Improve the Value of Your Business!
This was written by another Chartered Professional Accountant member and a good read. David Prowse CPA, CA, December 15, 2020 I believe...
17
Peter Wiesner
Dec 24, 20202 min
Vehicle Claims Unchanged 2021 vs 2020, and Standby Charge Flexibility for 2020 T4s! Good news here!
The government of Canada announced the 2021 automobile rates. Since most clients use kilometer reimbursement in the past that drive more...
17
Peter Wiesner
Dec 22, 20204 min
Ontario Business Relief Rules for Lock Down Coming-$10,000 to $20,000 Available in January, 2021
Ontario has announced new measures to assist with business's impacted by the up coming lock down. The funds will start in January 2021...
17
Peter Wiesner
Dec 15, 20204 min
Simplified Home Office Claims $2 a day! Lots of Rules for small savings in detailed calculations!
On December 15, 2020, the CRA released details on new methods to claim home office expenses. The update includes: -New temporary flat...
143
Peter Wiesner
Dec 5, 20201 min
CPP Going Up in 2021 -$536.90 for the Self Employed at the Maximum
The Canada Revenue Agency has announced the CPP rates for 2021. The maximum pensionable earnings under the Canada Pension Plan (CPP) for...
18
Peter Wiesner
Dec 4, 20204 min
CEBA Loans - Extra $20,000 Available- Be Careful
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...
157
bottom of page