Click HERE to read our 2026 Quarter 2 newsletter. Please contact our offices if you have any questions.

Click HERE to read our 2026 Quarter 1 newsletter. Please contact our offices if you have any questions.

A First Home Savings Account (FHSA) lets you save for a qualifying home with tax-free growth and tax-deductible contributions.

Below is an article from Canada Revenue Agency (CRA), outlining a 100 day plan to increase service to Canadians.

Please find here our 2025 Federal Budget commentary.

Please contact our offices if you have any questions.

Click HERE to read our 2025 Quarter 4 newsletter. Please contact our offices if you have any questions.

Click HERE to read our 2025 Quarter 3 newsletter. Please contact our offices if you have any questions.

The Government of Canada has released an updated guide to general books and records requirements, to help determine what must be kept.

The government is moving forward with the proposal to deliver tax relief for Canadians by reducing the lowest marginal personal income tax rate from 15 per cent to 14 per cent, effective July 1, 2025.

The Government of Canada announced a postponement of the Trust Filing requirements for Bare Trusts to the 2025 taxation year, with a next expected filing deadline of March 31, 2026.

Interest will also be waived on new and existing GST/HST and T2 instalment and arrears payments due between April 2 and June 30, 2025. Interest will resume on July 1, 2025.

Click HERE to read our 2025 Quarter 2 newsletter. Please contact our offices if you have any questions.

Click HERE to read our 2025 Quarter 1 newsletter. Please contact our offices if you have any questions.

Please read our 2024 Quarter 4 newsletter. Please contact our offices if you have any questions.

Please read our 2024 Quarter 3 newsletter. Please contact our offices if you have any questions.

Click HERE to read our 2024 Quarter 2 newsletter. Please contact our offices if you have any questions.

On March 28, 2024, Canada Revenue Agency announced that Bare Trusts under the new rules were exempt from filing (were originally due for filing March 30, 2024). The filing requirements for the following taxation year are unknown at this time.

In May 2024, the CRA will begin issuing annual “Available Payments Summary” letters to taxpayers who have available payments on their account. Taxpayers who are signed up for e-notifications will receive an email notification of the letter. Taxpayers and their authorized representatives can view these letters through the Agency’s secure portals.

Please find here our 2024 Federal Budget commentary.

Please contact our offices if you have any questions.

As of January 1, 2024, tax preparers filing more than five returns of the same type need to use EFILE. Mandatory electronic filing (MEF) applies to the filing of T1 personal income tax and benefit returns, T2 Corporation income tax returns and T3 trust returns.