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...

Canada Pension Plan Enhancement – How will it impact you?

Canada Pension Plan Enhancement – How will it impact you? As a business owner or self-employed individual, the new Canada Pension Plan Enhancement that starts to be phased in in 2019 will have some impact on you, both in the costs you pay now and the benefits...

Escaping the early winter? Be aware of the substantial presence test

Escaping the early winter? Be aware of potential US tax implications of the substantial presence test Substantial Presence Test It certainly feels like winter has hit us early this year in Alberta.  Calgary has received more snow in October in over a hundred years and...

Budget 2018: GST and Other Tax Changes

On February 27, 2018 the Honourable Bill Morneau, Minister of Finance, presented the 2018 Federal Budget, Equality + Growth: A Strong Middle Class, to the House of Commons. The Government’s fiscal position includes a projected deficit in 2017-2018 of $19.4 billion,...