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A vintage photo of a window for a business where people could pay income taxes in NYC

Corporate Tax Planning

Report Indicates Staggering Number of High-Income Non-Filers in the United States

A recently released report from the United States’ Treasury Inspector General for Tax Administration (TIGTA) raised a flag concerning the Internal Revenue Service’s failure to pursue high-income earners who fail to file their taxes. Just how rampant is non-filing amongst high-income earners? The results of the study may be enough to raise eyebrows. How much money is lost due to non-filing? The report states that non-filing, which is a crime when… Read More

A person beginning an order with UberEATS on a laptop screen

Business Management

SCC Paves Way for UberEATS Class Action to Continue

Ridesharing apps such as Uber and Lyft have changed the transportation industry and have shown how industries long thought to be established and settled, such as the taxicab or food delivery industries, can be upended by technology and fresh thinking. From a user-perspective Uber might be an incredibly convenient way to get around or a better way to order food beyond standard home delivery options such as pizza. However, some Canadians working as drivers for… Read More

A spilled jar of coins

Corporate Tax Planning

Federal Government Updates CERB and CEWS Programs

The Canada Revenue Agency is continuing to update information related to the Canada Emergency Wage Subsidy (CEWS) as well as other benefits related to COVID-19  as the pandemic continues to impact the Canadian economy. In today’s blog, we would like to update our readers on some of the news. Changes to the Canada Emergency Wage Subsidy  The Canada Emergency Wage Subsidy was introduced to help employers re-hire workers who were laid off as a result… Read More

A paper tax statement for 2019 representing tax deadlines in Canada

Corporate Tax Planning

Canada’s Tax Season is (Mostly) Over

COVID-19 has had a huge impact on the tax season in Canada, hitting just under two months before personal income tax filings were due and largely shutting down the Canadian economy (as well as those all over the world). Fortunately, the Canada Revenue Agency extended tax deadlines for most people. Today we want to look at which deadlines have passed, which ones have “sort of” passed, and which remain in effect. Personal Tax Deadlines Individuals… Read More

A cottage, representing property a non-resident may be required to pay taxes on once sold in Canada

Personal Tax Planning

More Updates on Canadian and American Taxes During COVID-19

A few weeks ago we wrote a blog about some of the ways the Canada Revenue Agency is addressing potential international income tax issues that people and corporations might run into, in light of the issues stemming from the current health crisis. In that blog, we wrote about how the CRA is addressing income tax residency as well as the carrying on of business in Canada, particularly for those who may be stuck in… Read More