|Have you invested in Cryptocurrency, such as Bitcoin?|
If you have ever made a real-dollar gain from a Cryptocurrency, you must declare a capital gain.
Have questions? Give us a call at 905-571-2665 (BOOK)!
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Did you know?
Everyday the CRA adds half a million dollars to it’s pile of uncashed cheques?
Read more here: http://bit.ly/3kh5iGj
“Approximately five million Canadians (and counting) have failed to claim one or more uncashed cheques from the Canada Revenue Agency.”
Are you one of them?
Here’s how to check:
To access the online tool, visit CRA’s website and look for the agency’s “My Account” service. Once logged in, click on the “Uncashed Cheques” link at the bottom of the “Related Services” column on the “Overview” page.Any unpaid amounts that have sat dormant for over six months will be listed on that page, as well as the necessary forms to claim your money.
For more information visit: https://www.canada.ca/…/services/uncashed-cheque.html, or give us a call at 905-571-2665 (BOOK). #BooksInLine#uncashedcheques#CRA#durhambookkeeping
|If you are a small business and received any of the COVID-19 emergency relief programs, which include CEWS, CERS, CECRA, CRB, and the Canada Emergency Business Account loan, your tax obligations will be higher, as all subsidies received will be treated as revenue. Call Books In Line at 905-571-2665 if you are feeling overwhelmed or require assistance with your 2020 taxes.|
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