Personal Tax Filing Deadline Fast Approaching (2020 Tax Year) With the April 30th deadline for doctors and medical professionals to file their personal tax returns fast approaching, we encourage you to contact us as soon as possible to prepare your 2020 personal income tax return. Benefit of New Home Office Expense Deduction – (2020 Tax Read more »
There were some announcements by the federal government recently. Applications are now open for new relief measures designed to help businesses and physicians who have been impacted by this year’s upheaval. If eligible, application can be made for the Canadian Emergency Rent Subsidy (CERS) and the extended loan (CEBA). The Wage subsidy (CEWS) period has Read more »
Keeping up to date with the ongoing Economic Response due to COVID-19 we have listed some of the updated measures that would be most applicable for doctors. For a detailed list of all the economic support please refer to the Government of Canada website. Updated Canadian Emergency Bank Account (CEBA): An interest free Read more »