Apr 3, 2026 | Personal Tax and Finance, Featured, NPO & Charity
When to File a T1044 Non-Profit Organization (NPO) Information Return This return may be required for clubs, societies, associations, strata corporations, housing corporations, marina corporations, and similar organizations that are not registered charities but...
Nov 8, 2023 | Estate Planning & Executor, Featured, News and Events, Trusts and Estates
Important update — bare trusts (CRA, March 28, 2024) On March 28, 2024, the Canada Revenue Agency (CRA) announced that bare trusts are exempt from filing a T3 Income Tax and Information Return (including Schedule 15) for the 2023 tax year unless the CRA specifically...
Dec 14, 2021 | Featured, General Tax, News and Events
Effective January 1, 2022, employers are required to provide eligible employees with up to 5 days of paid sick leave per year if they need to stay home because they are sick or injured. Employees are also entitled to 3 days of unpaid sick leave. The paid sick leave...
Nov 15, 2021 | Bookkeeping & Payroll, Featured, News and Events
Bookkeeping practices have shifted with more remote work, digital document flow, and hybrid teams. Whether you run the books yourself or use a bookkeeper, here are three areas that matter for Canadian small businesses today. 1. Working from home and employee...
Oct 28, 2021 | Featured, General Tax, News and Events
Throughout the pandemic, the Government of Canada has rolled out several subsidy programs aimed to provide financial support to businesses. These measures include: Temporary Wage Subsidy (TWS) Canada Emergency Wage Subsidy (CEWS) Canada Emergency Rent Subsidy (CERS)...
Oct 5, 2021 | Featured, Strata & Council
The Province of British Columbia introduced the Land Owner Transparency Act (“LOTA”) in May 2019 in the hopes of uncovering hidden ownership in real estate as a means to crack down on tax fraud, money laundering and close tax loopholes. Effective November 30, 2020,...