If you work from home, which method should you choose? Here is the comparison: Flat rate method verses Detailed method. Description Temporary Flat Rate method Simplified Detailed – for office in home…
For thousands of British Columbian still employed during the pandemic, do you wonder what work-in-the-home and related office expenses can be deducted as employment expenses. CRA rules are quite specific (T4044 Employment…
Emergency fund and Economic Responses to COVID-19 (March 30, 2020) -Providing $900 bi-weekly for up to 15 weeks, starting April 2020 -Payment via direct deposit and will not require medical documentation -Providing…
In the midst of police brutality to the civilian protesters, you are staring at the TV or computer middle of the night wondering what you should do for the family. News reporters…
The CRA may select your income tax for review for a number of reasons. It could be random; it could be due to inconsistency between what you reported is different from what…
If you are about to retire and have a low income at 65, you will probably start to receive money, including Old Age Security (OAS), the Canada Pension Plan (CPP) and…