Baker Bookkeeping & Income Tax Preparation
576 Quin-mo-lac Road K0K 2K0 Madoc, ON, Canada

Ottawa is planning to temporarily boost Canada Child Benefit (CCB) payments this year by $300 a child beginning in May.

CRA announces Temporary Wage Subsidy for Employers https://www.canada.ca//frequently-asked-questions-wage-sub

We live in a digital age now so sending documents is much easier. I can accept emails, pictures sent by text message and if all else fails I have free pickup and delivery. This is an email I received from CRA today: Temporary measure immediately enabling electronic signatures for the T183, Information Return for Electronic Filing of an Individual's Income Tax and Benefit Return, and the T183CORP, Information Return for Corporations Filing Electronically...Continue reading

Some Updates about Government assistance during Covid-19 isolation https://nowtoronto.com//coronavirus-ei-benefits-canada-wo/

Filing Season Deadline Extensions In order to provide greater flexibility to Canadians who may be experiencing hardships during the COVID-19 outbreak, the Canada Revenue Agency will defer the filing due date for the 2019 tax returns of individuals, including certain trusts. ... For individuals (other than trusts), the return filing due date will be deferred until June 1, 2020. However, the Agency encourages individuals who expect to receive benefits under the GSTC or the Canada Child Benefit not to delay the filing of their return to ensure their entitlements for the 2020-21 benefit year are properly determined. For trusts having a taxation year ending on December 31, 2019, the return filing due date will be deferred until May 1, 2020. The Canada Revenue Agency will allow all taxpayers to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after today and before September 2020. This relief would apply to tax balances due, as well as instalments, under Part I of the Income Tax Act. No interest or penalties will accumulate on these amounts during this period.