Designated beneficiaries of registered retirement accounts

Designated beneficiaries of registered retirement accounts (RRSP, RRIF, TFSA.) As the saying goes, the only guarantees in life are death and taxes, and unfortunately there are tax issues to deal with upon the death of an individual.  If you have registered retirement...
Canada Recovery Hiring Program (CRHP)

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...

2019 Automobile Allowance Rates

Happy New Year! Although there are probably more exciting things to celebrate for New Years, one item we anticipate each year are the rates posted by the Department of Finance for the allowable automobile allowance rates. These rates are the tax-exempt allowances that...

2017 Q3 Tax Update: Electronic T4 Slips

From Focus LLP, CPA, your Calgary Tax Accountants, in collaboration with Video Tax News Inc., we have provided a summary of some of the recent proposed tax changes and updates in the following blogs: Tax for private Corporations: Major changes proposed Voluntary...

2017 Q3 Tax Update: Professionals’ Work in Progress Exclusion

From Focus LLP, CPA, your Calgary Tax Accountants, in collaboration with Video Tax News Inc., we have provided a summary of some of the recent proposed tax changes and updates in the following blogs: Tax for private Corporations: Major changes proposed Voluntary...