March 28, 2020: WSIB – Ontario: Premium Reporting and Payment Relief announced WSIB announces $1.9 billion in financial relief for Ontario businesses  Confirms benefit payments will continue to Ontarians with work related injuries or illness Toronto, March 26, 2020 –  The Workplace Safety and Insurance Board (WSIB), in conjunction with the Government of Ontario, has developed a financial relief package worth $1.9 billion to help employers reduce … Read more

March 28, 2020:  Additional Support for Canadian Businesses from the Economic Impact of COVID-19 Backgrounder These measures are a part of the Government of Canada’s COVID-19 Economic Response Plan, which provides direct support and tax deferrals to Canadian workers and businesses to help them in these difficult times. The Government of Canada is making additional investments to support Canadian businesses from the economic impacts of COVID-19. These new … Read more

March 26, 2020: Government introduces Canada Emergency Response Benefit to help workers and businesses

From: Department of Finance Canada News release To support workers and help businesses keep their employees, the government has proposed legislation to establish the Canada Emergency Response Benefit (CERB). March 25, 2020 – Ottawa, Ontario – Department of Finance Canada The Government of Canada is taking strong, immediate and effective action to protect Canadians and the … Read more

March 18, 2020: Filing dates and tax payment deferrals announced today

Flexibility for Taxpayers In order to provide greater flexibility to Canadians who may be experiencing hardships during the COVID-19 outbreak, the Canada Revenue Agency will defer the filing due date for the 2019 tax returns of individuals, including certain trusts.  For individuals (other than trusts), the return filing due date will be deferred until … Read more

March 17, 2020: Update on Office Hours and COVID-19

In response to the country’s call to stay home and practice social distancing, I have decided to close my office to meetings till March 31st. I am still working and available by phone, text and email to respond to questions. I ask for patience as I prioritize inquiries from small business owners looking for advice … Read more

Mileage rates for 2019

2019 Automobile Deduction Limits and Expense Benefit Rates for Business 2019 Automobile deduction limits and the prescribed rates for the automobile operating expense benefit that will apply in 2019 are as follows: The ceiling on the capital cost of passenger vehicles for capital cost allowance (CCA) purposes will remain at $30,000 (plus applicable federal and … Read more

When CRA sends you a letter

It’s that time of year again, when the letters from Canada Revenue Agency come out to verify deductions made on those tax returns that were filed last spring.  We got two this week, my son Kevan got one on Tuesday auditing his rent receipts.  Today’s mail brings one for my husband Brook, auditing our charitable … Read more

CRA Spam phone calls threatening lawsuits

Beware of new telephone scams Ottawa, Ontario, June 10, 2015… The Canada Revenue Agency (CRA) is noting an increase in telephone scams where the caller claims to be from the CRA but is not, and is asking Canadians to beware—these calls are fraudulent and could result in identity and financial theft. Some recent telephone scams … Read more

More Fraudulent CRA Spam emails

Got this from a client today.  Unfortunately, she clicked the link, thus we get page 2, which shows they were phishing for credit card info.  Remember, CRA does not correspond by email.  If you get an email from CRA, delete immediately.