Get ready to do your 2020 personal income taxes!
Another year has gone whizzing by. As of February 22, 2021 CRA, has opened their servers to accepting e-filing of personal tax returns. It is
February 24, 2021
Another year has gone whizzing by. As of February 22, 2021 CRA, has opened their servers to accepting e-filing of personal tax returns. It is
The following article is a case study on a non-resident of Canada taxpayer, named Cameron, and how he should deal with his Canadian rental property
CRA has provided two new options for claiming employment expenses related to working from home in 2020. New – Temporary Flat Rate Method – where
Part 1 of this 3-part series explained the taxation of U.S. stock options. In this article we will discuss the tax implications of Canadian stock
Introduction Stock option plans are a popular method to attract, motivate, and create loyalty among employees in both Canada and the US. The tax treatment
The Government of Canada rolled out a new rent subsidy retroactively covering September 27, 2020 until June 2021. This new rent subsidy is similar to
Global Intangible Low Tax Income (GILTI)was introduced as part of the Tax Cuts and Jobs Act that was signed into law in December 2017. Its
Welcome to the 21st century! A new paradigm for accounting through cloud computing. Digitization and automation are progressing quicker than what most people can keep
Are you in the market for a new vehicle? The Government of Canada has come up with tax incentives to steer taxpayers towards purchasing zero-emission
Since the COVID-19 pandemic many employees now have the option to continue working from home. This leave taxpayers wondering if they can deduct home office