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...

Please note that these Regulations that were to come into force November 15 to cap the fees that disability tax credit (DTC) promoters...

$500 OAS Payment August 16, 2021 Canada

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...

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...

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...

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...

Today the Federal Government provided the Economic Update. Here are some interesting items to note as follows; Some Statistics That...

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...