Jayme Baker Professional Corporation
Unit 154, 14315 118 Avenue NW T5L 4S6 Edmonton, AB, Canada

RRSP Contribution deadline is right around the corner!

We are a full services accounting firm. Contact Jayme Baker Professional Corporation for assistance today.

What's new for the 2020 Tax-Filing Season

Almost time for 2020 Personal Income Tax Return, make sure to give us a call if you need assistance this year. Remember that COVID-19 benefits are a taxable income.

New Temporary Flat Rate Method introduced for Home Office Expenses for Employees, for the 2020 personal income tax year. Have a look!

T4 deadline is approaching!

New T4 Reporting Requirements for 2020! Additional reporting requirements will apply to ALL employers to help CRA verify payments under CEWS, CERB and CESB. You will have to provide employment income details for each employee for the following periods in addition to annual employment income:... - March 15th - May 9th - May 10th - July 4th - July 5th - August 29th - August 30 - September 26 https://www.canada.ca//covid-19-update/support-employers-c

The Canadian Emergency Wage Subsidy has gotten a lot more complex. Please see the below link to discuss the changes to the program for period 5 onward. https://www.canada.ca//adapting-the-canada-emergency-wage-

CRA has extended the payment due date for 2019 personal tax returns from September 1, 2020 to September 30, 2020. https://www.canada.ca///covid-19-filing-payment-dates.html

Are you looking for a way to explore your own community while helping fund raise to help those who have served our country and communities? Please visit Valour Place to learn more about the Walk for Valour virtual challenge 2020.

Does your entity qualify for the Small and Medium Enterprise Relaunch Grant? https://www.alberta.ca/sme-relaunch-grant.aspx

Federal wage subsidy for businesses to be extended to December; more details to follow when available. https://www.cbc.ca//polit/wage-subsidy-extension-1.5647520