by Roberto Belingueres | Mar 13, 2022 | Articles & Publications, Taxes
Ten things to know before filing your tax return this year Here are ten things to keep in mind as you work your way through this tax season. The deadline The regular tax-filing deadline for most individuals is usually April 30, but you have until May 2 this year to...
by Roberto Belingueres | Mar 1, 2022 | Articles & Publications, Taxes
Home office expenses for employees Calculate your expenses To understand the math behind the home office expenses calculation, refer to how the claim is calculated. To use the calculator, select from the options below. A temporary flat rate of $2 for each day you...
by Roberto Belingueres | Jan 30, 2022 | Articles & Publications, Taxes
Tax impacts of leaving Canada to live elsewhere. You must carefully consider numerous tax impacts before deciding to leave Canada to live elsewhere. Analyzing the termination of your tax residence is a question of fact. Generally, the Canada Revenue Agency will...
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...