by Anna Grigoryan | Software
Nowadays, 4k monitors are something common, which most people use on their laptops or desktops. And while most of the companies are doing a good job adapting their software for high DPI monitors, the Intuit ProFile lack such support. If you install ProFile to a...
by Anna Grigoryan | Taxes
Every year all Canadian residents have to put some time aside to prepare their taxes. For somebody who lives in Canada for many years, it is no longer a question, “how hard to file your taxes in Canada?” they already did it several times. But for somebody...
by Anna Grigoryan | Tax return
It is five more days left until April 30, the regular deadline for the personal tax return, but this year there are several changes due to the COVID-19 situation. Income tax filing and payment dates The 2019 tax return deadline was changed this year due to COVID 19...
by Anna Grigoryan | Covid
Many clients are asking about the wage subsidy government introduced due to the COVID 19 pandemic. The full text posted by the government of Canada you can find there, but below is a summary of the changes. The subsidy amount is equal to 75% per employee, with the...
by Anna Grigoryan | Covid
The situation around the COVID-19 pandemic leads to uncertainty for all Canadians and Canadian companies. The government urge everybody to self-isolate and stay at home. Most of the business switching to work from home model to protect their employees and continue to...
by Anna Grigoryan | Taxes
In Canada, like most of the countries, you have to pay taxes from the income provided by your job. But what happens when you do not have a job, do you still have to pay taxes? In short, you have to pay taxes from your income, and even if you do not have a job, most...
by Anna Grigoryan | Taxes
To reduce the cost of continually increasing childcare costs in Ontario, the government of Ontario introduced a new refundable childcare tax credit. The Childcare Access and Relief from Expenses (CARE) tax credit was unveiled early in 2019 in Premier Doug Ford’s...
by Anna Grigoryan | Taxes
When the tax season comes, it brings many terms that you do not use in day-to-day life. The most confusing is “tax return” and “tax refund”. The terms used interchangeably very often, and while they both somehow similar, they are different. So...
by Anna Grigoryan | Taxes
When filing your tax return, you can apply for various tax credits. Such credits can potentially reduce the amount of taxes you have to pay to the Canada Revenue Agency (CRA). What are refundable and non-refundable tax credits, and what is the difference between the...
by Anna Grigoryan | Deadline
We are in the third week of 2020, and some of you may think if you have contributed enough to your RRSP into 2019, and what is the RRSP contribution limit in 2019? What is the RRSP contribution deadline for the 2019 tax year? The good news is the RRSP contribution...
