Virtuzo Tax
3603 Langstaff Rd Unit 6 L4L 9G7 Woodbridge, ON, Canada

Government of Canada addresses CERB repayments for self-employed individuals and announces interest relief on 2020 income tax debt due to COVID-19 related income support https://www.canada.ca//government-of-canada-announces-targ

Here are some tips to make sure you start off the 2021 tax season the right way. -Paying taxes on your emergency benefits -Repaying emergency benefits you don’t qualify for -The simplified home office deduction... -TFSA withdrawals -One-time COVID-19 payment for persons with disabilities -Charitable donations See more

Canada Revenue Agency: Is the Tax Deadline Delayed for 2021 COVID-19 brought sudden economic disruptions in 2020 and prompted the Canada Revenue Agency (CRA) to issue tax alerts. *Tax deadline in 2021*... In 2021, it appears the CRA will stick to the usual deadline. Thus, the tax filing and tax payment deadlines for the income year 2020 is April 30, 2020. If you’re self-employed or have a spouse or a common-law partner who is self-employed, you have until June 15, 2021 to file your tax return. However, you must still pay all taxes due by April 30, 2021. See more

The CRA Has Revealed The Most Common Mistakes Canadians Make At Tax Time. the Canada Revenue Agency (CRA) has explained some of the most common mistakes people make when filing. Common issues include things like confusion about reporting income, filing forms too late and forgetting to keep personal information up-to-date at all times.... With government officials admitting that tax time is going to be even more complicated than usual this year, it's worth double-checking before you submit any details. If you want to avoid any errors come April, here are the biggest mistakes the CRA wants you to know about: -Not reporting all income -Not keeping personal information up to date -Making incorrect claims

Did you receive a benefit like CERB? Here’s how to minimize the tax you pay on that. https://www.thestar.com//did-you-receive-a-covid-19-benefi

It's Official!!! Virtuzo tax service is named one of best tax services in Vaughan. Thank you for all your support!

Canadians will pay the bill for COVID-19 in higher taxes here’s how it will likely happen. https://www.thestar.com//canadians-will-pay-the-bill-for-c If you have any accounting questions.... Give us a call and book an appointment with our trusted accountants See more

Canada Revenue Agency increases flat rate amount for meal claims, and reasonable amount for meal benefits and allowances https://www.canada.ca//canada-revenue-agency-increases-fla

CANADIANS: 3 New CRA Tax Breaks You Can Claim for 2020! https://ca.finance.yahoo.com//canadians-3-cra-tax-breaks-1

Toronto cutting 45 live music venues property tax break to help reduce pandemic impact. https://www.durhamradionews.com/archives/128711

CRA Update: New Tax Deadline Extension! The Canada Revenue Agency initially extended its tax deadline to September 1. Recently, the CRA announced a second extension to September 30, 2020. This move will give individuals and businesses another 29 days to file their tax documents. Read more here--> https://www.fool.ca//cra-update-new-tax-deadline-extension/

https://www.advisor.ca/tax/tax-news/tax-planning-for-cerb/

2 million Canadians who haven’t yet filed taxes could face benefits interruption, CRA warns. https://globalnews.ca//2-million-canadians-havent-filed-t/

Canada Revenue Agency: Start Planning for Next Year’s Taxes. https://www.fool.ca//canada-revenue-agency-start-planning/

Back to top Canada’s Rising Personal Tax Rates and Falling Tax Competitiveness, 2020. http://thenelsondaily.com//canada%E2%80%99s-rising-persona

Canadian government to issue one-time, tax-free payment to seniors this week. https://dailyhive.com//canadian-government-payment-seniors

Canada Revenue Agency: 5 Major CRA Tax Breaks for 2020 https://www.fool.ca//canada-revenue-agency-5-major-cra-ta/

Land transfers tax relief plan moving to toronto council https://torontosun.com//land-transfer-tax-relief-plan-movi