Individual tax measures – COVID-19 (April 2020)

Changes to filing and payment deadlines for 2019 returns Individual Canadians are generally required to file their tax returns for the 2019 tax year on or before April 30, 2020. Self-employed Canadians (and their spouses) have until June 15, 2020 to file such returns. All individual Canadians, regardless of their filing deadline, must usually pay […]

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2019 Federal Budget

Resolutions 76 to 78 Under the current Scientific Research & Experimental Development (SR&ED) program, qualifying expenditure deductions are fully deductible in the year they are incurred and eligible for an investment tax credit. This credit is larger and refundable for corporations that are Canadian-controlled private corporations (CCPCs) for the first $3 million in eligible expenditures. […]

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Tax Refunds Notice of Assessment

The Notice of Assessment is a good starting point to look for Tax Refunds. The ability to Appeal or Objection to notice of Assessment, first protects your rights to appeal the tax issue with the tax authorities. Typically, the bases for appeal are a disagreement with the assessment  or a dispute over how the CRA […]

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