June 5, 2020
Since mid-March, the federal and provincial governments have announced the creation of numerous programs to help both individuals and Canadian businesses with the financial fallout of […]
April 5, 2020
Suspension of review, audit and collection activities The Canada Revenue Agency regularly carries out review activities in which taxpayers are asked to provide documentation or other […]
April 5, 2020
Wage subsidy program for employers The federal government will be providing eligible employers who have experienced a significant decline in revenues with a wage subsidy. For […]
April 5, 2020
Changes to filing and payment deadlines for 2019 returns Individual Canadians are generally required to file their tax returns for the 2019 tax year on or […]
November 14, 2019
To win elections, politicians need votes. And to run the election campaigns needed to garner those votes, those politicians need an organization, volunteers, and money — […]
November 14, 2019
Planning for – or even thinking about – 2020 taxes when it’s not even December 2019 may seem more than a little premature. However, most Canadians […]
October 14, 2019
Tax-free savings accounts (TFSAs) have been around for a full decade now, having been introduced in 2009, and for most Canadians, a TFSA (along with a […]
October 14, 2019
In most cases, the need to seek out and obtain legal services (and to pay for them) is associated with life’s more unwelcome occurrences and experiences […]
October 14, 2019
As the baby boom generation ages, members of that generation must switch their focus from the accumulation of retirement savings to creating a structure which will […]
October 14, 2019
When parents separate and divorce, it is frequently the case that they are able to agree on an arrangement to share custody of their children. Such […]
September 14, 2019
Canadians are fortunate to benefit from a publicly funded health care system, in which most costs of care ranging from routine visits to a family doctor […]
September 14, 2019
By now, news of yet another data breach resulting in unauthorized access to personal information — especially financial information — has become so frequent as to […]
September 14, 2019
In this year’s Budget, the federal government announced the creation of a program — the First-time Home Buyers’ Incentive, or FTHBI, to provide assistance to individuals […]
August 12, 2019
Raising children is expensive and, in recognition of that fact, the federal government has, for more than half a century, provided financial assistance to parents to […]
August 12, 2019
An increasing number of Canada’s baby boomers are moving into retirement with each passing year and, for most of those baby boomers, retirement looks a lot […]
July 7, 2019
Sometime during the month of July several thousand Canadians will receive an unexpected, unfamiliar, and probably unwelcome piece of correspondence from the Canada Revenue Agency. That […]
June 26, 2019
Most Canadians have now filed their individual income tax return for the 2018 tax year and received a Notice of Assessment outlining their tax position for […]
June 26, 2019
By May 20, 2019, the Canada Revenue Agency (CRA) had processed just over 27 million individual income tax returns filed for the 2018 tax year. Just […]
May 24, 2019
For the majority of Canadians, the due date for filing of an individual tax return for the 2018 tax year was Tuesday April 30, 2019. (Self-employed […]
May 24, 2019
The deadline for payment of all individual income taxes owed for the 2018 tax year was April 30, 2019. For all individuals except the self-employed and […]