by Susan Ivanovics | Dec 31, 2020 | Personal tax tips
If you worked from home in 2020 as a result of COVID-19 you may eligible for additional tax deductions. The Canada Revenue Agency is Introducing a short, simplified Home Office Expense tax deduction for those who had to work from home due to COVID-19. To qualify you...
by Susan Ivanovics | Dec 16, 2020 | Personal tax tips
Taxpayers may expect to receive a deduction for every dollar they spent in medical expenses. In reality, the amount eligible to claim is actually based on your income. The medical expense credit is designed to assist Canadians who spend a significant amount in medical...
by Susan Ivanovics | Mar 31, 2020 | Personal tax tips, Self-Employed and Small Business, Uncategorised
During this health crisis that we are all facing, I am finding that there can be a lot of misinformation circulating around issues facing small businesses. Especially information concerning HST remittances. In effort to streamline some accurate...
by Susan Ivanovics | Mar 3, 2020 | Personal tax tips
There are a few things to keep up to date that have changed recently that may impact your 2019 income tax filings. Basic Personal Amount has increased for 2019 tax year and will continue to increase in the near future. This means that the amount of income you...
![Important Dates for 2019 Income Tax Filings [Updated]](https://susanivanovicscpa.com/wp-content/uploads/2020/03/black-framed-wayfarer-style-eyeglasses-on-white-surface-917293-1080x675.jpg)
by Susan Ivanovics | Mar 3, 2020 | Personal tax tips, Self-Employed and Small Business
This year has been a roller coaster, and rolling deadline dates have been no exception. Below are a few dates to keep in mind (updated August 12, 2020). Deadline for filing personal taxes April 30, 2020 WAS the deadline for filing personal taxes. However as a...
by Susan Ivanovics | Feb 5, 2020 | Personal tax tips
If you attended a post secondary institution, paid interest on a student loan or have unclaimed education amounts (including former education and textbook amounts) in the last 5 years you may be eligible for reducing income tax owed. Unclaimed tuition for Federal and...
