Blog

A mailbox with a house address on it outside of a home, representing personal residency

Corporate Tax Planning

Canada Revenue Agency Addresses Residency for Tax Purposes

A few weeks ago we wrote a blog about how the United States’ Internal Revenue Service (The IRS) is addressing the issue of non-Americans being forced to stay in the United States due to COVID-19, and as a result, running the risk of becoming U.S. residents for income tax purposes. Last week, the Canada Revenue Agency published a memo addressing similar concerns for those running the risk of becoming Canadian… Read More

A child sitting on her parent's shoulders representing families who qualify for the Canada Child Benefit

Personal Tax Planning

Canada Child Benefit, CERB and Personal Tax Filing Updates

Families across Canada woke up to a boost in their bank accounts on Wednesday, May 20, after the government sent payments of up to $300 per child under the Canada Child Benefit (CCB), to many parents across the country. The financial boost is intended to help families offset increased costs related to the COVID-19 pandemic. As the economy has suffered tremendously in recent months, there is also hope that the extra income will act as… Read More

An empty airplane representing Canadians who are unable to return from the U.S. due to COVID-19

Personal Tax Planning

Income Tax Grace Period Available To Non-US Citizens Stuck In The United States During COVID-19

By now, COVID-19 has impacted people in nearly every aspect of life, from employment, to travel, to health. In many cases, one aspect of life can impact another. Take for example Canadians who haven’t been able to return home from the United States due to travel restrictions and now face a risk of becoming U.S. Residents for U.S. income tax purposes. This is becoming an increasing concern as the two countries… Read More

A row of MLB baseballs lined up representing a look ahead to the return of professional sports in light of COVID-19

Sports & Entertainment

Looking Ahead to the Re-opening of Major League Sports After COVID-19

The economic and day-to-day impact of COVID-19 has impacted everyone across Canada and the world. While everyone is affected differently, the loss of sports and entertainment as shared cultural events is something everyone has in common. At Feigenbaum Law, we represent agents, coaches, and business managers in the Canadian and US sports & entertainment industries, and everyone has been left wondering when they can expect a re-opening of the industry, and what that… Read More

The Canadian flag waving in front of the Parliament building tower

Corporate Tax Planning

Navigating the Canada Emergency Wage Subsidy

The implementation of the Canada Emergency Wage Subsidy (CEWS) is meant to provide economic relief for the private sector by offering wage subsidies for employers as an incentive to keep people on the payroll or return those who have been laid off back to work. The legislation is available to many private-sector employers who have suffered a significant loss in revenue due to COVID-19 but are continuing to pay employees. Like many pieces of extensive… Read More