Canadian Tax Issues 2021 and Beyond

The BC economy is reopening slowly. We need to start planning for the “normal” time again as the physical threats brought about by the pandemic subside.  Which means, bc tax planning will move up in importance in the very near future. With all the government assistance and money printing that went on during the heart of the pandemic, taxpayers who

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Tax Structure When Buying an Incorporated Business

A very quiet and painful spring 2020 comes to an end in BC.  As the BC economy reopens pieces at a time, the impact of the Vancouver covid-19 pandemic lockdown on different sectors of the economy will become more evident. For young or mature business owners, this past spring was a time of inner reflection.  There was plenty time for

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When Are My 2019 Income Taxes Really Due?

The week of March 16, 2020 will be forever remembered by all Canadians.  For many of us, whatever Spring Break trip planned along with everything else entertainment was cancelled that week. 2019 Incomes Taxes Due Date Extended For accountants who file taxes for a living, we were provided specific deadlines by Ottawa.  All personal and information returns were extended to

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