Our Financial Blog

Focus LLP News and Tax Tips

Canada Recovery Hiring Program (CRHP)

Canada Recovery Hiring Program (CRHP) details available. Hello everyone, As if COVID hasn't given us enough to worry about, here's another acronym! The Canada Recovery Hiring Program (CRHP) is very similar to the current Canada Emergency Wage Subsidy (CEWS) program,...

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Alberta Critical Worker Benefit

Alberta Critical Worker Benefit. Hello everyone, You may have seen the release of the new Alberta Critical Worker Benefit last week and you may have employees asking about whether they qualify for this program.  You can read the details on the eligibility requirements...

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New 2020 T4 reporting requirements

The new 2020 T4 reporting requirements are noteworthy especially as February approaches and some of you may already be starting to prepare your T4 slips for yourself or your employees. For 2020 T4 slips, there are 4 additional codes that are required to be reported....

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Home Office Expenses for Employees

If you have been forced, or have chosen, to work from home due to the COVID-19 pandemic, then CRA's release of details on the new rules for claiming home office expenses for employees on your 2020 personal taxes may be of interest. (CLICK HERE for details on the CRA...

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