Blog

On June 1, 2020, the CRA updated its website with new filing deadlines for the 2019 T5013 partnership information return. Prior to this change, the website solely stated that the deadline for the [...]

Personal tax season is usually a marathon where preparation, teamwork and last year’s post-tax season assessment lead to higher firm profitability, happier clients and maybe even fewer late [...]

In a recent technical interpretation (2020-0846751E5), the CRA provided potential relief for workers who have unused credits allocated to their health care spending account (HCSA). Specifically, [...]

Revised: May 26, 2020 The government is constantly announcing new tax measures in response to COVID-19. The CRA has introduced numerous tax compliance relief measures, which are discussed below. [...]

The CRA has effectively deferred the due date to file a personal tax return by another three months. Previously, the CRA extended the deadline for most individuals (other than self-employed) to [...]

On May 22, 2020, the CRA extended the filing deadline for corporations and trusts. The CRA will allow all businesses to defer T2 corporation income tax returns otherwise due in June, July or [...]

In recent days, the federal government has made a few announcements relating to COVID-19 support measures for Canadian businesses. All of these new announcements are summarized below. Large [...]

On May 15, 2020, it was announced that Canadians who are presently receiving the GST/HST credit and/or Canada Child Benefit (CCB) payments will continue to receive these payments until the end of [...]

On May 15, 2020, the federal government announced that it plans to extend the CEWS, expand it so that additional types of employers are eligible, and make a few clarifying amendments. First, [...]

The Prime Minister announced the following measures to support the fishing industry:  The Fish Harvester Benefit, to help provide income support for this year’s fishing seasons to eligible [...]