Understanding Capital Dividends
A capital dividend can be classified as what is paid out, tax-free, to Canadian shareholders. These payouts are distributed from the capital dividend account (CDA), which…
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CEWS Claims
So far, there have been over 1,500,000 CEWS claims submitted, providing thousands of businesses with much-needed funding to help them keep their doors open. However, there…
Your CRA Pin
Using the PIN service You can now create a PIN for the individual income tax and benefits enquiries lines. Your PIN will quickly confirm your identity…
Cover All Bases in Your Will
When giving thought to all of the different considerations in an Estate Plan (Will, Enduring Power of Attorney & Personal Directive) there are some rather unique…
2020 T4 Reporting
The Canada Revenue Agency (CRA) has recently announced that all employers in Canada must report certain employment payments related to COVID-19. With this, on each 2020…
A CRA Status Update
CRA has provided an update on their progression from “critical services” mode to a business continuity plan and finally a business resumption plan which started on…
Navigating Your Business as it Reopens
COVID-19 has forced hundreds, if not thousands, of business owners to reimagine their business plans. Whether that meant closing their doors, trying to apply for the…