Saveway Tax Services Ltd.
361 Broad Street S4R 1X2 Regina, SK, Canada

Tax law is changing to simplify home office deductions in Canada - October 15, 2020 Globe and Mail article. Although the mechanics are not yet finalized, this article presents an update on the possibility to claim some home office deductions for those employees working from home during the pandemic. As the article concludes: 'The CRA is considering (various) ideas and will be making further announcements soon about how to claim home-office expenses for 2020. Stay tuned.'... https://www.theglobeandmail.com//article-tax-law-is-chang/

CRA to withhold tax from new Covid-19 benefits - October 5, 2020 Advisor's Edge article. https://www.advisor.ca//cra-to-withhold-tax-from-new-covi/

Everything you need to know about the CERB replacement and other new government benefits - August 21, 2020 Financial Post article. https://financialpost.com//cerb-replacement-new-benefits-w

The Canada Revenue Agency announces an extension to the payment deadline and offers interest relief on outstanding tax debts during the COVID-19 pandemic - July 27, 2020 CRA News Release The news release also highlights an extension on late-filing penalties for those that have not yet filed a current year (2019) individual, corporation or trust return. Specifically: 'The previously extended filing due dates for individual, corporate, and trust income tax returns remain unchan...ged. However, recognizing the difficult circumstances faced by Canadians, the CRA will not impose late-filing penalties where a current year individual, corporation, or trust return is filed late provided that it is filed by September 30, 2020. The CRA encourages everyone to file their individual, corporate and trust returns as soon as possible, even though payment deadlines are being extended. This is particularly important for individuals receiving credits and benefits, such as the Canada Child Benefit.' The complete news release can be accessed here: https://www.canada.ca//the-canada-revenue-agency-announces

Hundreds of thousands of Canadians could get a tax break for working from home during pandemic - July 23, 2020 CBC News article https://www.cbc.ca//politics/covid-pandemic-tax-deduction-