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When the taxman has a few questions…

When the taxman has a few questions…

Between mid-February and mid-August of this year, the Canada Revenue Agency (CRA) received and processed just over 29 million individual income tax returns filed for the 2019 tax year. The sheer volume of returns and the processing turnaround timelines mean that the...

Changes to the Canada Emergency Wage Subsidy Program

Changes to the Canada Emergency Wage Subsidy Program

When states of emergency were being declared across the country in March of this year, thousands of businesses were forced to close their doors and, as a result, were faced with the necessity of laying off some or all of their employees. The question of when, or even...

Protecting yourself from tax and benefit scams

Protecting yourself from tax and benefit scams

It’s an acknowledged reality that times of crisis bring out both the best and the worst in people. While most Canadians would never consider using the current pandemic as a means of defrauding others, this is not, unfortunately, true of everyone. This is a time when...

Paying income tax instalments in 2020

Paying income tax instalments in 2020

Most Canadians who participate in the paid work force do so as employees. Consequently, they receive a regular paycheque from their employer and they pay income taxes by means of amounts deducted from that paycheque and remitted to the federal government on their...