Canada’s COVID-19 Economic Response Plan: Support for Canadians and Businesses From: Department of Finance Canada Backgrounder The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. On March…

These are the tax changes you need to know about for 2020 Jamie Golombek: For one, there’s an increase to the basic personal amount Canadians can earn before facing federal income tax Last year, the government announced increases to the…

From the Staff of Thamesford Accounting, We continue to monitor information being released from Health Canada as well as Canada Revenue Agency with respect to COVID-19 and its impact on the preparation of 2019 Income tax returns. As of the…

Canadians will have one extra month to file their taxes to the Canada Revenue Agency, the National Post has learned. The announcement was made by federal ministers as part of a larger series of financial measures to assist Canadian individuals…