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...
With the current developments in our community and around the world in connection with COVID-19 we would like to update you with the steps we are taking to keep our team safe.
Effective March 21st at 5pm we will be closing the offices to the public. Our team will be staying home we have plans in place to still ensure that essential services, such as payroll and records of employment are taken care of. Our plan is to re-open the offices on April 6th.
Personal tax returns, both Canadian and US, have extended deadlines. Be assured that our goal is to have your returns ready well in advance of these deadlines. The partners of the firm will continue to work towards any corporate tax or HST filings that are due on March 31st.
Any in office meetings that are scheduled during this time can either be moved to a telephone call, a video call, or can be rescheduled to occur on or after April 6th.
The partners of the firm will still be available to help our business clients navigate these incredibly difficult times even during our closure.
For anyone interested in sending their tax documentation to us during the closure, here are some secure file sharing options:
- Password protected documents sent to partners' email
- Our online portal
- Google Drive
- One Drive
If you still would like to drop off your tax documents in person, the office will be open, for drop off only, weekend mornings from 9am to Noon.
We would be happy to receive your documents in any manner that is convenient to you
We hope that you understand our decision to do what we feel we can do to keep our team and our community safe. If you have any questions or comments, please let me know.
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: