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December 22, 2020 Employees may be able to claim a home office expense if they worked from home due to the pandemic. In 2020, many employees that do not normally work from home did so either because their normal workplace was closed, they needed to care for family members or, were isolating due to health…

November 27, 2020 This communication is intended to provide you with a detailed update regarding the Canada Emergency Rent Subsidy (CERS), specifically the eligibility requirements and application process. On November 23, 2020, the CRA application for the CERS came online. As noted in our previous communications, this program will be replacing the Canada Emergency Commercial…

Real estate agents would typically be operating as a “sole proprietor”, meaning all commission income earned would be reported on their personal tax returns, subject to their marginal tax brackets.  Due to some legislative changes that occurred this year, a real estate agent now has the ability to incorporate their proprietorship on or after October…