by Roberto Belingueres | Jan 16, 2022 | Articles & Publications, Taxes
Selling your business shares to a family member? A new law means significant tax relief when you pass your business on to your kids. A recent change to Canada’s Income Tax Act (ITA) could reduce the tax sting associated with selling your business shares...
by Roberto Belingueres | Jan 10, 2022 | Articles & Publications, Covid, Taxes
Tax changes in the latest fiscal update. If you’re working from home, you can claim up to $500 for office expenses with the temporary flat rate method There were very few broad-based tax changes in the recently released federal government’s fall economic...
by Roberto Belingueres | Jan 5, 2022 | Articles & Publications, Covid
COVID-19 Update Federal Expanding Access to the Local Lockdown Program (December 22, 2021) The Department of Finance announced that the government intends to expand the Local Lockdown Program eligibility to access the wage and rent subsidies to more...
by Roberto Belingueres | Dec 22, 2021 | Articles & Publications, Covid
The Government of Canada Temporarily Expands Access to Lockdown Program and Worker Lockdown Benefit From: Department of Finance Canada News release December 22, 2021 – Ottawa, Ontario – Department of Finance Canada The Government of Canada is committed to...
by Roberto Belingueres | Dec 17, 2021 | Articles & Publications, Covid
Legislation to create jobs and implement targeted COVID-19 support receives Royal Assent From: Department of Finance Canada News release December 17, 2021 – Ottawa, Ontario – Department of Finance Canada Today, the Honourable Chrystia Freeland, Deputy...
by Roberto Belingueres | Dec 14, 2021 | Articles & Publications, Taxes
How to Register for My Business Account If you are a business owner and haven’t registered your business account with CRA, we encourage you to watch the video or follow the steps below. To get started, go to canada.ca/my-cra-business-account and select...