On March 22, 2021, the federal government has announced that the deadline to apply for an interest-free, partially forgivable loan through the Canada Emergency Business Account (CEBA) program is being extended from March 31 to June 30...
Read MoreCanadians: can I claim moving expenses?
In Canada, generally, you can claim moving expenses you paid in the year if both of the following apply: you moved to work or to run a business, or you moved to study courses as a full-time student enrolled in a post-secondary program at a...
Read MoreCanadians: CRA is extending CRB and CRCB from 26 weeks to 38 weeks
On February 19, 2021, the CRA has announced a proposed extension to the Canada Recovery Benefit (CRB) and Canada Recovery Caregiving Benefit (CRCB) eligibility period limits. The change would allow eligible recipients to apply for a...
Read MoreCross Border: how to deduct 401(k) plan when filing Canadian tax return
For Canadian residents who commute across the border for work and contribute to a retirement plan with the employer in the United Sates, the form RC268: Employee contributions to a United States retirement plan – cross-border commuters can be...
Read More