April 2022, What is New with Canadian Taxes this month and last!
Taxes changes Canada, Ontario, Carbon Tax Increase April 1, Personal Tax Filing Deaadlines
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- Jan 21, 2022
- 5 min
2022 Changes - Auto Costs, CEBA Loan and Ontario 2 New Programs!
Welcome to 2022 and hope you had a Happy New Year! Auto Cost Rule Changes January 1, 2022 The Department of Finance Canada announced the...
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Peter Wiesner
- Aug 15, 2021
- 1 min
OAS Seniors Getting a $500.00 One Time Payment Week of August 16, 2021!
$500 OAS Payment August 16, 2021 Canada
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Peter Wiesner
- Mar 25, 2021
- 2 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...
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Peter Wiesner
- Mar 24, 2021
- 1 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:...
149 views
Peter Wiesner
- Mar 23, 2021
- 1 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...
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Peter Wiesner
- Mar 22, 2021
- 1 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...
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Peter Wiesner
- Mar 22, 2021
- 2 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...
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Peter Wiesner
- Mar 11, 2021
- 1 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...
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Peter Wiesner
- Feb 20, 2021
- 3 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...
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Peter Wiesner
- Feb 19, 2021
- 3 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...
119 views
Peter Wiesner
- Feb 2, 2021
- 7 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...
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Peter Wiesner
- Jan 17, 2021
- 1 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...
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Peter Wiesner
- Dec 15, 2020
- 4 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 views
Peter Wiesner
- Dec 5, 2020
- 1 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...
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Peter Wiesner CPA, CA
- Nov 14, 2020
- 12 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...
46 views
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