by Roberto Belingueres | Jun 9, 2021 | Articles & Publications, Blog, Taxes
Understanding the CRA Notice of Assessment How to object if you think the CRA is wrong Most of us have received our Notice of Assessment from the CRA for our 2020 tax returns. Mostly it is pretty much as you expected – a refund or no balance owing. But sometimes, the...
by Roberto Belingueres | May 16, 2021 | Articles & Publications, Covid, Taxes
Eligible families can get up to $1,200 per young child in 2021. Eligible Canadian families receiving the Canada Child Benefit (CCB) can expect a little extra money this month, thanks to the CCB young child supplement (CCBYCS). The extra money — which is up to $1,200...
by Roberto Belingueres | May 15, 2021 | Advisory, Articles & Publications, Taxes
Time to tidy up your finances. As the tax-filing season ended on April 30th after a year that was upended by the pandemic, financial pros suggest investors take stock of their financial position and do a little spring cleaning. While portfolio and financial management...
by Roberto Belingueres | May 12, 2021 | Articles & Publications, Taxes
About hobbies and side hustles You may think it is just a hobby, but CRA may disagree. CRA wants its fair share if you earn money through a little side hustle, business activity, or another extra gig. The agency believes many tax dollars in the past may have gone...
by Roberto Belingueres | Apr 22, 2021 | Articles & Publications, Covid, Taxes
Budget 2021: What’s missing? The Liberal government has laid out billions in fresh spending after over two years without a federal budget — and while many of the government’s recent pledges graced its pages, others were notably absent. It’s possible some policies were...
by Roberto Belingueres | Apr 21, 2021 | Articles & Publications, Taxes
On April 19, 2021, Deputy Prime Minister and Finance Minister Chrystia Freeland tabled in the House of Commons the Liberal Government’s first federal budget in more than two years, A Recovery Plan for Jobs, Growth, and Resilience (Budget 2021). Budget 2021 contains...
