Today Prime Minister Justin Trudeau’s government announced that the Canada Emergency Response Benefit will be extended to Canadians for an additional 8 weeks. This benefit was made available back in April 2020 for those who lost their jobs or had their hours drastically cut due to COVID-19 pandemic. Good news if you are still facing…
Have you been collecting CERB payments during COVID-19? If so, you should know that those payments (up to a maximum of $8,000.00) are taxable and will count as income during the 2020 tax year. This means the $2,000.00 you receive isn’t really $2,000.00 in your pocket. So if this is the case, how do you…
I’ve had a number of clients wondering about when they have to file their 2019 taxes and more importantly when they have to pay CRA. I want to make this post as simple as possible for those of you that are wondering. Before we get into it, please note that this post does not cover…
Welcome to Cloud-Nine Accounting & Tax Ltd, a company created with a new look and feel. Catering to both personal and businesses, Cloud-Nine provides the same complete services you have been able to depend upon year after year since 2010. We have now expanded our services to all of Canada (over-the-cloud), while keeping the option…