Canada Emergency Wage Subsidy (CEWS) audits The Canada Revenue Agency’s (CRA) audits seek to find and recover any amounts paid to CEWS recipients in excess of what they were entitled...
Read More
New Filing Requirements for Trusts Many Canadian trusts will soon have to face new enhanced reporting requirements. The new trust reporting rules apply to tax years ending after December 30,...
Read More
Residency Determination Due to COVID-19 application of some rules are suspended, some are modified, and some get temporary exceptions. Since governments are advising against travel, many people are not where...
Read More
Employment Agreement - Restrictive Covenants Lately I had a lot of questions about what to do when it comes to restrictive covenants in the agreement signed with the employer. Questions...
Read More
TAXPAYER BILL OF RIGHTS Office of the tax ombudsman publishes rights that you have when dealing with Canada Revenue Agency (C RA). The Taxpayers' Ombudsman is responsible for ensuring that...
Read More
Tax on split income Any income from property received by a Specified Adult Individual (“SAI”) from a Related Business (“RB”) is a split income and is subject to tax on...
Read More
Intestacy – distribution of the estate When person dies without a will the person dies intestate. All the assets of the deceased are collected into the deceased estate and then...
Read More
