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Tax News
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Old Age Security (OAS) Clawback
Your OAS is taxable, and if your net income before adjustments (which also means before deducting loss carry-forwards) exceeded $79,845 in 2021 you will have to repay 15% of your income over that amount, to a maximum of the total[…]
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CEBA Loan Repayment Deadline Extended
The repayment deadline is now Dec 31, 2023, for all eligible borrowers in good standing.
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Ontario 2022 Budget Consultations
The deadline for submissions for Ontario's 2022 Budget consultations is February 11, 2022. Manitoba's consultations deadline is January 31, 2022.
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Farm Status in BC
If your status as a "developing farm" has been revoked, it's important to know that there is no deadline for achieving gross annual value requirements for a developing farm, despite the "projected" date for doing this. Jan 31st is the[…]
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RRSP/RRIF Withdrawal Calculator
Use our calculator to determine your 2022 minimum annual withdrawal, and to estimate your earnings and withdrawals for the next 40 years. Works for non-registered also!
