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How do capital gains and losses affect your income tax?

By Bilal Kathrada Originally published to CPABC’s newsroom   Photo credit: SARINYAPINNGAM/iStock/Getty Images   2020 has been a challenging year for everyone, and many may have experienced financial uncertainty. While the federal government previously extended the personal income tax filing deadline, one deadline that remains firm is the December 31 deadline…


5 min read

COVID-19: Additional T4 Reporting

As a result of the various COVID benefits (CEWS, CERB, and CESB) offered from the Government of Canada, the CRA has introduced additional reporting requirements on T4 slips to assist them in auditing the eligibility of individuals that applied for these programs. All employers, regardless of whether they or their employees applied for any of…


1 min read

COVID-19: Employment Expenses

As a result of COVID-19, many employees were required to work from home during a portion of 2020. The federal government had announced in the Fall Economic Update in late November that a new simplified method to claim home office expenses would be announced.   The Canada Revenue Agency (CRA) announced the details of these…


4 min read

Do You Qualify for the Canada Emergency Wage Subsidy?

  As you have heard, the government has rolled out many subsidies and grants to help businesses endure the COVID-19 pandemic.   We wanted to reach out to you specifically about the Canada Emergency Wage Subsidy (CEWS). This is the subsidy for salaries and wages and it could add up to a significant amount of…


2 min read

2020 Holiday Hours

  Our offices will be closed for the holidays starting Dec. 24th and will reopen for regular business hours on Jan. 4th. Wishing you and your family the very best and we look forward to seeing you in the New Year.


0 min read

Our North Vancouver office is closing

On December 31, 2020, our current North Vancouver office location will permanently close. If you call North Vancouver home, not to worry, we still frequent the North Shore. If in-person meetings are required, we can arrange to meet at your office or another space. In the meantime, we will continue to operate remotely and host…


1 min read