Canada Economic Update - November 30, 2020
Today the Federal Government provided the Economic Update. Here are some interesting items to note as follows; Some Statistics That...
top of page
Peter Wiesner CPA, CA
Nov 14, 202012 min
Tax Planning 2020 - Now is the Time!
It's middle of November and tax planning time has come. Why you may ask? Most items in the Income Tax Act are to be completed on a...
48
Peter Wiesner CPA, CA
Nov 12, 20203 min
Ontario Budget Nov 5, 2020 -Highlights
Deficit Spending The government’s fiscal plan involves a record $187 billion in expenses, with $30 billion specifically in...
7
Peter Wiesner
Oct 28, 20203 min
Is Franchising an Option For Your Business?
Introduction Many new businesses and old businesses are failing in these aggressive economic times. The old saying " most businesses will...
14
Peter Wiesner
Oct 28, 20204 min
The Lease or Buy Decision?
Many people wonder whether it is better to lease or buy assets? The determination of which method is more beneficial is often difficult....
5
Peter Wiesner
Oct 28, 20202 min
Avoiding the Cash Crunch!
Many small businesses are under capitalized. This means that the owners have ventured into business without sufficient resources to...
4
Peter Wiesner
Oct 28, 20202 min
H&R Block Errors! (from 2013)
If you're using a gloried or basic tax service that markets like they are pro's and doesn't deliver here is a article for you. From...
4
Peter Wiesner
Oct 21, 20203 min
RRSP Limits for 2017 to 2020
The RRSP maximum for 2020 is $27,230 less PA (Pension Adjustment) (Thus, your 2019 earned income (see below) needs to be $151,278 to...
9
Peter Wiesner
Oct 21, 20203 min
Advantages of Incorporating
Limited Liability In many situations the primary reason for incorporating is the advantage of limited liability. A corporation will...
43
Peter Wiesner
Sep 8, 20201 min
Throne Speech Highlights
#CEWS extended through to the end of Summer 2021 per the speech from the throne. Other need-to-knows are as follows: automatic tax return...
26
Peter Wiesner
Aug 31, 20209 min
Help for Small Businesses
Small businesses are the backbone of our economy but they continue to face economic challenges and uncertainty during the COVID-19...
9
Peter Wiesner
May 22, 20201 min
New Tax Filing and Payment Deadlines
The deadline for most individuals to file their 2019 taxes has been extended to June 1, 2020. The deadline to pay amounts owed has also...
9
Peter Wiesner
Apr 30, 202014 min
Canada Emergency Commercial Rent Relief
The Canada Mortgage and Housing Corporation (“CMHC”), the Crown Corporation responsible for administering the Canada Emergency Commercial...
7
Peter Wiesner
Mar 31, 202018 min
Tax Extensions and Wage Subsidies
This afternoon, the Federal Finance Minister announced at 2:40 pm that details concerning the recent "75% wage subsidy for businesses"...
2
Peter Wiesner
Feb 4, 20204 min
2020 TFSA Information
Here are the TFSA contribution limits PER year: 2009-2012: $5,000; 2013-2014: $5,500; 2015: $10,000; 2016: $5,500; 2017: $5,500; 2018:...
3
Peter Wiesner
Jan 2, 20204 min
Top 11 Tax and Legal Changes
On January 1, 2020 tax and legal changes occurred that are important to properly plan your affairs. I have provided the top 11 items so...
5
bottom of page