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man looks at a tax bill

What are the tax implications of the government’s financial response to COVID-19? Our columnist outlines a few possibilities.

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a man writes on a notepad, calculating his work space from home expenses

Right now, if an employee wants to claim work-space-in-the-home expenses, certain conditions must be met. Find out what the current rules are surrounding work-space-in-the-home expenses, what paperwork your employees will need and how they can claim this expense on their tax return.

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man writing on paper

The CRA has announced it is starting to gear up its full auditing powers that were mostly suspended since the outbreak began. Find out how this could affect you if you've applied for COVID-19 financial aid programs.

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a blue graphic with the text: COVID-19

On March 11, 2020, the World Health Organization declared the outbreak of the 2019 coronavirus disease (COVID-19) a pandemic. The World Health Organization says everyone must play a role to stop the spread of the disease. This includes businesses and employers.

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A lighthouse in nova scotia with a sunset behind it

Starting April 1, 2020, the general corporate tax rate in Nova Scotia will decrease from 16% to 14%. The small business tax rate will decrease from 3% to 2.5%. Read the highlights from our tax analysts.

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a clock with a sticker that says "tax time" on it

If you’re self-employed or a small business owner, getting ready for tax filing can be daunting. To help make the filing process less stressful, we’ve listed what you need to know for filing your 2019 tax return.

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a photo of a visa gift card, which is a non-cash benefit in the eyes of the CRA

A non-cash benefit includes a good, service or property you own that you give to your employee. If that property is paid for by you and provided to your employee, it is still considered a benefit of employment. Find out how these benefits are taxed.

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a man with a work apron on is on his laptop

Download a free tax readiness toolkit for small business owners.

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a man is on his laptop and rubbing his forehead in frustration from dealing with the CRA

Canadians told the CRA what they think about the CRA's customer service in a series of consultations last spring. The CRA recently released the full report and we summarize what Canadians want improved.

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a man researches farm tax deductions on his cellphone while standing in front of a tractor

If you’re a farmer or agricultural producer, you can deduct certain expenses you incurred to earn your income.

Make sure you keep records of all your farm business transactions to be able to support your expense claims.

You are required by law to keep receipts or other vouchers when you purchase something for your farm business.

Keep your records for at least six years after your last Notice of Assessment, which is as far back as the CRA will ask to see them in case you are audited.

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