News & Events
Keeping you up to date on matters of note, industry events, news and company updates.

WORKING FROM HOME IN 2020 DUE TO COVID-19: EMPLOYEE EXPENSES

April 9th, 2021

The Canada Revenue Agency offers two new options to claim employment expenses related to working from home in 2020: Temporary flat-rate method – eligible employees can claim a flat amount ($2 per day to a maximum…

COVID-19 FEDERAL SUPPORTS FOR INDIVIDUALS

April 8th, 2021

The federal government has provided several financial supports for individuals during the COVID-19 pandemic. The following benefits are considered taxable income, and people who have received them should get a T4A or T4E slip from the…

MISSING INFORMATION SLIPS AND CRA PENALTIES

April 7th, 2021

The Canada Revenue Agency has stepped up reviews of unreported investment income slips, most notably T3s and T5s. These reviews can bring significant penalties and interest charges. Make sure you receive all T-slips, give them to…

TELEPHONE AND EMAIL SCAMS

April 6th, 2021

Fraudulent telephone calls, text messages and emails from people who claim to work for the Canada Revenue Agency are on the rise. These scams promise a “refund” if you provide certain personal information or they may…