Not-for-profit organizations - Requirements
Not-for-profit organizations (NPO), regardless of how wonderful you
are, must also file a tax return. The only difference between the
corporate tax return of an NPO and a small business corporation's
Administrative measures - COVID-19 (April 2020)
Suspension of review, audit and collection activities The Canada
Revenue Agency regularly carries out review activities in which
taxpayers are asked to provide documentation or other information
Business measures - COVID-19 (April 2020)
Wage subsidy program for employers The federal government will be
providing eligible employers who have experienced a significant
decline in revenues with a wage subsidy. For purposes of the
Individual tax measures - COVID-19 (April 2020)
Changes to filing and payment deadlines for 2019 returns Individual
Canadians are generally required to file their tax returns for the
2019 tax year on or before April 30, 2020. Self-employed Canadia...
COVID-19 tax measures - overview (April 2020)
The current pandemic has changed the lives of Canadians in
innumerable ways, and the tax system has not been exempt from those
changes. In fact, since we are currently in what would in normal
Claiming medical expenses for 2019 (March 2020)
The Canadian tax system provides individual taxpayers with a tax
credit for out-of-pocket medical and para-medical expenses incurred
during the year. Given that such expenses must be incurred at some
What’s new on the 2019 tax return? (March 2020)
The one constant in income tax is change and consequently, while
Canadian taxpayers must prepare and file the same form – the T1
Income Tax and Benefit Return – every spring, that return f...
Looking ahead to 2020 (November 2019)
Planning for – or even thinking about – 2020 taxes when it’s not
even December 2019 may seem more than a little premature. However,
most Canadians will start paying their taxes for 2...
Taking stock of your TFSA (October 2019)
Tax-free savings accounts (TFSAs) have been around for a full
decade now, having been introduced in 2009, and for most Canadians,
a TFSA (along with a registered retirement savings plan (RRSP)) is
When are legal fees deductible? (October 2019)
In most cases, the need to seek out and obtain legal services (and
to pay for them) is associated with life’s more unwelcome
occurrences and experiences — a divorce, a dispute over a famil...
We understand that this is a difficult time for so many, and we are trying our best to help you in any way we can. We know that many of you have questions about government programs, need payroll processed for employees, or are looking to get your tax refunds as quickly as you can. Our goal is to keep operating, however possible, while at the same time doing our best to protect our team, our clients, and our community.
Here is how we are continuing to operate at this time:
We are all working full-time and ready to assist with your accounting and tax needs. Many of the staff are working remotely from home, but a few are still in the office, well distanced from each other. Personal tax returns, both Canadian and US, have extended deadlines, but these extensions are beginning to approach quickly. Our goal is to have your tax returns ready well in advance of these deadlines.
We STRONGLY encourage you to share your documents with us digitally. These are the ways we can accept them. - Password protected documents sent by email - Our online portal - Google Drive - Dropbox - One Drive
If you are absolutely unable to send documents digitally, you may drop off your physical documents at our Burlington office weekdays between 9am and 5pm. We have set up a bin for you into which you are to place your documents. We then pick the documents up as soon as you leave. You will not be able to speak with anyone at that time. For our Waterdown office, there is a slot through the door for drop off.
For now, we will only be delivering your tax returns electronically when they are complete. We will send your tax returns securely and discuss them with you by phone or video meeting.
Although we continue to keep our doors closed to the public, we are just a phone call or email away.
We hope that you and your families are safe and well.
Back to your regularly scheduled welcome paragraph:
Welcome to BLR, LLP Chartered Professional Accountants. We want you to enjoy where your financial journey can take you, working with us along the way. We deliver the highest quality results, while building an organization with our clients’ satisfaction at the centre of everything we do. We’re a different kind of accounting firm because we believe numbers can be personal.
These checklists can help you organize your information when we are preparing your personal tax return: