CPP: When to apply?

A very common question that we receive is, “When should I apply for CPP?” Of course, the answer is, “That depends!” While the normal age to begin receiving regular CPP is 65, individuals can apply to start receiving their CPP earlier at a cost,...

Deducting personal expenses in a business

Beware of deducting personal expenses in a business, the cost could be very high. In July a 23, 2020 Tax Court of Canada case, at issue were a number of expenses claimed by the taxpayers (a corporation and its sole individual shareholder) in respect of the business of...

2020 CRA Vehicle Allowance Rates

2020 CRA Vehicle Allowance Rates! 2020 has been a very challenging year and as we get close to the end of 2020 you may be preparing to file your corporate tax returns.  If you reimburse yourself or your employees for business use of a personal vehicle personal vehicle...
2019 3rd Quarter Tax Tips and Traps

2019 3rd Quarter Tax Tips and Traps

2019 3rd Quarter Tax Tips and Traps 2019 3rd Quarter Tax Tips and Traps, this edition of Tax Tips and Traps includes information special work site allowances, reimbursement for work clothing, tax incentives for zero-emission vehicles, the disability tax credit,...
Focus LLP is moving

Focus LLP is moving

  We have exciting news, Focus LLP is moving on Thursday March 14, 2019. SOUTHLAND PARK II           Timing Focus LLP’ office will close Thursday, March 14, 2019 at 3:00 pm to commence the office relocation.  We will resume regular...