MJB Tax Professional Corporation
215 Spadina Ave M5T2C7 Toronto, ON, Canada

"Never spend your money before you have it." - Thomas Jefferson #QOTD

Tomorrow is the Personal Tax filing and payment deadline for Canadians - get those returns in! #Taxes2020

Only a few days until the personal tax deadline, some of you may be asking "What happens if my taxes are filed late?" You'll have to pay a 5% late fee and an additional 1% fee monthly, plus 1% interest monthly on any balances owed. If you're worried about making the deadline, don't hesitate to reach out to our team for help. #MJBTax

"Someone's sitting in the shade today because someone else planted a tree a long time ago." - Warren Buffet #QOTD

Married? If you have a lower net income than your spouse / partner, it's often beneficial for you to claim a transferable tax credit rather than your spouse. (For example, with the Medical Expense Tax Credit.) #TaxTips

Are you 65 or older? You may be able to claim up to $2,000 on your tax return through the Pension Income Amount. Answer these 3 questions now to see if you may be eligible. (Lost when it comes to tax credits? Message us for help getting the most you can back on your tax return.) #retirementliving

"It takes as much energy to wish as it does to plan." - Eleanore Roosevelt #MondayMotivation

Did your business lose revenue due to the COVID Lockdown? You may be eligible for the new $10,000 - 20,000 Small Business Support Grant from the Government of Ontario. Check now to see if you qualify. Are you eligible? Congratulations! Message us directly and apply with MJB Tax before the deadline passes. ... Didn't qualify? Don't panic - there are other ways you can save money on your return. Reach out to us today to learn how. #TaxSeason #SmallBusinessSupportGrant #MJBTax

"The art is not in making money, but in keeping it." - Proverb Keep more money from your 2020 tax return. Don't forget to check if you qualify for claims like the Canada Caregiver Credit, Home Accessibility Credit, and others. Not sure if you're leaving money on the table? Message MJB Tax today for answers.... #MJBTax #SavingsGoals #QOTD

New for 2020 taxes, a simplified submission of max $400 of Home Office expenses for employees. Individuals only need Employer signed T2200(S) for detailed expense submission (as normal pre-Covid). #taxadvice #taxes2020 #covid19canada #covid19relief #homeoffice https://www.canada.ca//introducing-a-simplified-process-fo

MJB Tax’s new website is live! www.mjbtax.ca Reminder that tax season is just around the corner (our favourite time of the year)! Talk to your tax advisors on what action you can be taking now, to ensure a smooth year-end. #newdesign #website #taxseason #2020 #2021