by Roberto Belingueres | Mar 19, 2020 | Articles & Publications
Canadians will have extra time to file and pay income taxes to the Canada Revenue Agency, as the federal government looks to provide financial support for people and businesses in the midst of the coronavirus crisis. Prime Minister Justin Trudeau unveiled an $82...
by Roberto Belingueres | Mar 19, 2020 | Articles & Publications
The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. On March 18, 2020, the Prime Minister announced a new set of economic measures to help stabilize the economy during...
by Roberto Belingueres | Feb 24, 2020 | Articles & Publications
What you need to know before you file? Let’s face it, having a trusted accountant and tax preparer can help to make tax-filing less and less painful even for the do-it-yourselfers.Still, whether you’re outsourcing the work to an algorithm or an accountant, it’s always...
by Roberto Belingueres | Feb 2, 2020 | Articles & Publications
The government recently announced increases to the basic personal amount for 2020 and subsequent years beyond the normal inflationary adjustment. Let’s take a look at some of the new tax numbers coming for 2020. ANNUAL INFLATION ADJUSTMENT Each year, most income tax...
by Roberto Belingueres | Dec 1, 2019 | Articles & Publications
Number of government transfers of records of bank accounts held by Canadian residents to U.S. has been rising The Canada Revenue Agency sent 900,000 financial records belonging to Canadian residents to the Internal Revenue Service in September — nearly a third more...
by Roberto Belingueres | Jun 15, 2019 | Articles & Publications
Basics of Sales Tax The GST/HST and QST are governed by a complex set of rules and regulations as set out by the excise tax (ETA). This article is a good starting point to understanding these rules.Fundamental terms for the sales tax Basic Charging Provision...
