by Doug Stansbury | Mar 18, 2020 | On Target - Blog
Key Dates: Personal tax (T1) filing deadline: June 1st Payment deadline for 2019 personal taxes: August 31st – no interest or penalties will accumulate before then Filing deadline for trusts with December 31st year end: May 1st Payment deadline for corporate...
by Doug Stansbury | Mar 18, 2020 | On Target - Blog
While our offices continue to remain open during the current Provincial State of Emergency, if you are currently in self-isolation, or have any concerns whatsoever about interpersonal contact, we encourage you to use our online portal to submit your tax information...
by Doug Stansbury | Feb 6, 2020 | On Target - Blog
There is a new look for your 2019 tax return – Schedule 1 has now been incorporated into the body of the T1 return. Otherwise, very little of substance has changed from 2018. Highlights of some of the new tax measures introduced in 2019 are: Canada...
by Doug Stansbury | Nov 28, 2019 | On Target - Blog
Over the past few years, the Canada Revenue Agency (CRA) has increased its focus on combatting tax evasion through major improvements in data collection and analysis. With the implementation of the 2019 Federal budget, they now have the resources to do significantly...
by Doug Stansbury | Sep 5, 2019 | On Target - Blog, Small Business
One of the most frequent questions I get from clients is whether or not they should pay tax installments. Although this sounds like a simple enough question, the answer is rarely straight forward and depends on your individual situation. Are you liable for tax...