Harris & Partners, LLP
8920 Woodbine Ave, Suite 300 L3R 9W9 Markham, ON, Canada

Working from home during Covid? Read this!

September 30th is the hard Payment deadline under Covid. This is an important read for those who have deferred tax payments.

Hmmm, What could go wrong ?

Tax increases coming....again?

Homeowners beware.....Ottawa has pondered how to access and tax your home equity.

Update on Covid 19 CRA Deadlines and extensions

Tax payment deadline now extended to September 30th, 2020

CRA CERB Cheat snitch line seems effective

FRAUDULENT CERB CLAIMS Be aware !

Its great that the government has postponed the tax filing deadline for those who need it, but if people need access to their refund, credits and benefits, the sooner they file, the sooner theyll be able to take advantage of those supports

COVID 19 Government Commerical rent relief announced !

How to survive on CERB

CERB has expanded

More flexibility for 75% Wage Subsidy ! https://www.canada.ca//government-provides-further-flexibi

Apply for CERB based on your birthday !

Covid 19 Wage Benefits Primer

Excellent summary for Covid19 Government Benefits access

Deferring your mortgage payments? Think again......

TAX UPDATE Income tax filings and payments for individuals and trusts Canadians now have until June 1, 2020 to submit their 2019 income tax return, instead of an April 30 filing deadline....Continue reading

Covid 19 Update: Dear Clients and Friends, As previously communicated, we will not be accepting client and 3rd party meetings at our offices during the quarantine and self-isolation period. In order to facilitate timely CRA filings and all corporate and personal projects, we will maintain a drop box at our 8920 Woodbine Ave location. Please also forward all documents to us electronically at our secure email addresses which many of you do in the normal course. We will be retri...eving all documents, email and voicemail and returning calls on a regular basis. We strongly encourage you to follow these revised procedures for delivery of data and processing of your filings. While we acknowledge the extension of the filing date to June 1st, we request that you provide your data to us well before the pre-Covid 19 April 30th deadline as due to the Covid 19 operational disruptions, our May/June corporate work volumes may conflict with our completing a timely filing on your behalf. Please note as per the government announcement below that you can now pay your tax owing at any time up to August 31st, 2020 without penalty. The government has extended the tax deadline to June 1st, and Canadians who owe on their taxes will not need to make a payment until August 31st. Good news for small business owners and contractors, who often have a big tax bill come tax time. Corporations are still required to file taxes within six months of their fiscal year end, but will similarly be able to defer payments until August 31st. The link below provides important Government information re: Covid 19: https://www.canada.ca//d/coronavirus-disease-covid-19.html We thank you for your cooperation during this challenging time. Wishing you all good health and stay safe ! Sincerely, The Partners and Staff at Harris and Partners

Just when you think they cant squeeze any more out of us.... rumours of 75% capital gains inclusion rate. Cutting government spending and the deficits are never an option with this group.

Although TFSA contributions should be maximized when possible, please check your contribution limits. There are severe financial consequences for over-contributing. See the article below!

A primer on home office and automobile employee expense deductions

Great news if you are a business owner! Here's hoping this can come to pass!

I get asked about this regularly, heres a good brief read:

Latest scam- CRA does not email. Ever.

The average Canadian family pays 43.2 per cent of its income on taxes, more than on housing, food, and shelter combined. Read this

This is ridiculous. Small Business owners and their employees arent tax cheats, and shouldnt have to worry about the government putting them out of business with massive tax hikes.

Dont be fooled by this government.