The real cost of charitable giving is lower than you might think, thanks to...
It’s hard to escape the Black Friday and Cyber Monday frenzy that comes along with the U.S. Thanksgiving holiday. But amidst all that hubbub, let’s not forget about “Giving Tuesday,” the name given...
View ArticleThe CRA just redesigned the T1 Personal Income Tax return form and there are...
Tuesday marked an auspicious day for tax professionals as it was the release date of the highly anticipated and totally redesigned T1 Personal Income Tax return that we’ll be using to file our taxes...
View ArticleThe CRA redesigned the T1 Personal Income Tax return form and there are some...
January saw the release of the highly anticipated and totally redesigned T1 Personal Income Tax return that we’ll be using to file our taxes for the 2019 tax year. Lest it catch you by surprise,...
View ArticleNine changes for taxpayers that come with the COVID-19 Economic Response Plan
A few years ago, I was driving through the southern U.S. when I saw a sign that read: “Prison Area. Do Not Pick Up Hitchhikers.” So, I didn’t. Prisons are foreign to me. I’ve never been in one. The...
View ArticleWhat’s new in QuickBooks Online: March 2020
As spring begins to blossom, a fresh new set of features are popping up to help small business owners like you find new ways to freshen up your books. Redesigned Banking tab in Business View In a...
View ArticleThe GST/HST credit has been boosted due to COVID-19 — here's what you need to...
Last week, the government began sending out one-time supplementary goods and services tax/harmonized sales tax (GST/HST) payments as part of its COVID-19 pandemic relief plan. This measure will provide...
View ArticleRaising tax rates to pay new debts may not work
One prediction certain to come true is that by the end of this year governments will be grappling with weakened public finances, a smaller economy and a more cautious public. As I reported last week,...
View ArticleSix ways for you and your employer to maximize financial benefits during...
Now that my friend Jack is working from home, he sleeps in longer and naps during the day. “Tim, a good sleep not only allows you to live longer, but it really shortens the workday as well,” he said...
View ArticleThese two tax proposals could throw investors a lifeline during the pandemic
It seems that nearly every segment of the population has received some form of COVID-19 government assistance. There’s the Canada Emergency Response Benefit, which provides $2,000 monthly to...
View ArticleHow the CRA may try to identify fraudulent CERB claims
“No fun at all." That’s me – according to my kids. No Fun At All is also a punk rock band. If I didn’t know better, I’d assume that the band was made up of Canada Revenue Agency employees. But alas,...
View ArticleEverything you need to know about the CERB replacement and other new...
When it comes to the government’s COVID-19 benefits, the question on many Canadians’ minds over the course of the summer of 2020 has been: “What comes next?”This week we got some answers.On Thursday,...
View ArticleNew and improved features in QuickBooks Desktop and Enterprise 2021
QuickBooks® Desktop Enterprise 21.0 includes new and improved features that benefit small businesses with more complex needs. IMPROVED! Data level permissions Included with: QuickBooks Desktop...
View ArticleWhat’s new in QuickBooks Online: March 2020
As spring begins to blossom, a fresh new set of features are popping up to help small business owners like you find new ways to freshen up your books. Redesigned Banking tab in Business View In a...
View ArticleThe GST/HST credit has been boosted due to COVID-19 — here's what you need to...
Last week, the government began sending out one-time supplementary goods and services tax/harmonized sales tax (GST/HST) payments as part of its COVID-19 pandemic relief plan. This measure will provide...
View ArticleRaising tax rates to pay new debts may not work
One prediction certain to come true is that by the end of this year governments will be grappling with weakened public finances, a smaller economy and a more cautious public. As I reported last week,...
View ArticleSix ways for you and your employer to maximize financial benefits during...
Now that my friend Jack is working from home, he sleeps in longer and naps during the day. “Tim, a good sleep not only allows you to live longer, but it really shortens the workday as well,” he said...
View ArticleThese two tax proposals could throw investors a lifeline during the pandemic
It seems that nearly every segment of the population has received some form of COVID-19 government assistance. There’s the Canada Emergency Response Benefit, which provides $2,000 monthly to...
View ArticleHow the CRA may try to identify fraudulent CERB claims
“No fun at all." That’s me – according to my kids. No Fun At All is also a punk rock band. If I didn’t know better, I’d assume that the band was made up of Canada Revenue Agency employees. But alas,...
View ArticleEverything you need to know about the CERB replacement and other new...
When it comes to the government’s COVID-19 benefits, the question on many Canadians’ minds over the course of the summer of 2020 has been: “What comes next?”This week we got some answers.On Thursday,...
View ArticleNew and improved features in QuickBooks Desktop and Enterprise 2021
QuickBooks® Desktop Enterprise 21.0 includes new and improved features that benefit small businesses with more complex needs. IMPROVED! Data level permissions Included with: QuickBooks Desktop...
View Article