Beauregard Accounting
5309 51 Ave Cold Lake, AB, Canada

CRA announced a new deduction for working at home. A toonie a day to a max of $400 per year. Contact me for details.CRA announced a new deduction for working at home. A toonie a day to a max of $400 per year. Contact me for details.

Fiscal Update: Home Office Expense Deduction Employees working from home in 2020 due to COVID-19 will be allowed to claim expenses up to $400, based on the amount of time working from home, without the need to track detailed expenses. Nor will they be required to have a signed Form T2200. The CRA will provide further information in the coming weeks.

Fiscal Update from CRA Support For Families With Young Children The Government announced a temporary support totaling up to $1,200 in 2021 for each child under the age of 6 for families who are entitled to the Canada Child Benefit (CCB).... Families with net income at or below $120,000 will receive four tax-free payments of $300 per child under the age of 6 years. Families entitled to CCB with net income above $120,000 will receive four tax-free payments of $150 per child under the age of 6 years. These payments will start shortly after legislation is approved, then in April, July, and October 2021

Let us remember what the brave men and women have sacrificed for us.