JR's Tax & Bookkeeping
1338 Princess St # 68 K7M 7N9 Kingston, ON, Canada
Category
General Information
Locality: Kingston, Ontario
Phone: +1 343-364-5789
Address: 1338 Princess St # 68 K7M 7N9 Kingston, ON, Canada
Website: www.jrstaxandbookkeeping.ca
Likes: 2139
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Three new temporary benefits could be available soon. CERB transitioning to EI.
The CRA may start making phone calls.
For my trucker friends, the flat rate to claim for meals is going from $17 to $25.
Anyone getting scam calls lately?
Tax treatment of AirBnB income/expenses
Had a few clients asking questions about co-ownership of rental properties. I found a useful article that may help: https://www.moneysense.ca//how-to-claim-income-on-rental-/
Good news! Penalty and interest will not be charged as long as your personal tax return is filed by Sept 1, 2020 and payment is made by that date. Same rules apply for June's installment payments due
Benefits for CCB and GIS extended: Check out the link for more details: https://www.canada.ca//benefits-payments-for-eligible-cana
Information for Canada Emergency Student Benefit (CESB). This benefit is for students that would not be eligible for CERB or EI. https://www.canada.ca//bene/emergency-student-benefit.html
For international students: Restrictions on total amount of hours allowed to work has been removed. Check out link below for more info: https://www.educanada.ca//update-covid-19-mise-a-jour.aspx
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