Blog
Corporate Tax Planning
COVID-19 Brings Tax Changes To Ontario
Our last few blogs have focused on how COVID-19 has brought changes to how the Canadian and American governments are approaching tax issues at the height of the 2020 tax season. This week, we would like to turn our focus on Ontario specifically and the tax implications being felt here. Many of the updates we will share today can be found in the government document, Ontario’s Action Place: Responding… Read More
Corporate Tax Planning
A Brief Summary On American Tax Relief In Light Of COVID-19
COVID-19 has provided Canadian businesses with operational challenges that few could have foreseen, even just months ago. For Canadian businesses with operations in the United States, or Americans living in Canada, it might be difficult to understand how COVID-19-related legislation in the United States might impact them. This is a rapidly-evolving environment, but we wanted to take a moment to share the latest in this complex environment. The CARES Act The United States passed the… Read More
Corporate Tax Planning
Tax and GST/HST Remittance Updates Due to COVID-19
With the nation dealing with the management of COVID-19, our blogs for the last few weeks have focused on what kind of impact the virus has had on Canadian taxpayers. Today we would like to continue that discussion by looking at how the Canada Revenue Agency is treating GST/HST payments during this time. Please note that more information is available directly from the CRA. Fiscal Measures Taken by the… Read More
Litigation
The CRA and Tax Court During COVID-19
The current health crisis related to the spread of the coronavirus has created challenges and delays in a number of areas, at the height of the tax season in both Canada and the U.S. Many Canadians are left unsure of their obligations with respect to filing taxes in Canada, and when those filings will be assessed. Further, those facing scrutiny of current and past tax filings are no doubt wondering how these delays will impact… Read More
Personal Tax Planning
Changes To Tax Deadlines As A Result Of COVID-19
The arrival of COVID-19 has upended the lives of all Canadians, interrupting not only employment and health care but also other institutions that allow Canada to function on a day-to-day basis. The Canada Revenue Agency is no exception to this. We’d like to take a moment to share what changes have already been announced in regard to this year’s tax season in response to the challenges currently being faced by all Canadians as a result… Read More