Shaelene’s Tax Tip of the Week – March 30th

Books In Line

Did you know?

Keep your tax return documents, even after you file: “The more organized you can be with receipts and other documentation relating to your return, the better off you’ll be if you are selected for an audit. Be prepared to produce them quickly when CRA asks to see them, and keep in mind that members of your family may be asked to offer up their own documentations as well.”

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Tax tip found here.

Shaelene’s Tax Tip of the Week – March 23rd

Books In Line

Did you know?

If you run your business from your home, be aware of the expenses you can write off. Keep track of the proportional amount you use for expenses like internet, hydro, rent, or even your mortgage interest that you accumulate during your business hours.

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Shaelene’s Tax Tip of the Week – March 16th

Books In Line

If you have applied and received CEBA this read is for you!

If you have applied for CEBA loans and have been approved, the deadline for repayment has changed. Originally the deadline for repayment was to be paid on or before December 31, 2022 for a partial loan forgiveness. The government has extended the deadline to December 31, 2023. If you qualified for the new deadline, your financial institution will contact with the new information along with the new deadline for repayment.

Have questions? Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!