Author: Vivian So

Responding to a tax Installment Reminder from the CRA (February 2021)

Sometime during the month of February, millions of Canadians will receive mail from the Canada Revenue Agency (CRA). That mail, a “Tax Instalment Reminder”, will set out the amount of installment payments of income tax to be paid by the recipient taxpayer by March 15 and June 15 of this year. Receiving an Instalment Reminder from the CRA won’t be a surprise for many recipients who have paid tax by instalments during previous tax years. For others, however, the need to make tax payments b...
Read More

Deducting home office expenses in 2020 (February 2021)

One of the biggest pandemic-related changes in the day-to-day lives of Canadians was the abrupt change to work-from-home arrangements. While such arrangements aren’t new — employees and the self-employed have been working from home for decades, ever since the available technology made such arrangements feasible — what changed in 2020 was the sheer number of Canadians who were working from home for the first time. Even without a pandemic, such work-from-home arrangements have a number of ...
Read More
Top