Feigenbaum Law

COVID-19

An alarm clock surrounded by numbers and a notebook representing new tax deadlines in Canada

Personal Tax Planning

Canada Revenue Agency Resumes Some Activities

Parts of Canada are slowly starting to return to normal. While much of the country is still grappling with the impact of COVID-19, courts and businesses have started to re-open. Similarly, the Canada Revenue Agency, which had largely ceased activities related to collections, audits, and appeals, has started to resume operations. This week we’d like to provide our readers with a summary of what activities have resumed and which are still… Read More

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

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

A view of Toronto near city hall representing provincial tax relief plans due to COVID-19

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

US Capitol Building

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

A yearly planner and a pen on a desk

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

The coronavirus molecule

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

A sign noting the emergency related to COVID-19

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