March 2021 — MOORE North America

Citrin Cooperman Co-Founder, Niles Citrin, Announces Retirement

After four decades of business, Citrin Cooperman Co-Founder Niles Citrin is announcing his retirement, effective June 30th, 2021. Niles and other co-founder Joel Cooperman, formed Citrin Cooperman in a two bedroom NYC apartment and have worked diligently to grow Citrin Cooperman to a top 25 largest accounting firm today.

16 March 2021

Employee Home Office Expenses – New Rules for 2020

New streamlined rules apply for the 2020 taxation year that will allow individuals working from home to claim home office expenses on their personal income tax return. Learn about the new temporary flat rate method and the detailed method.

1 March 2021

Some GST and HST Quirks You Might Need to Know (Part 1)

The Excise Tax Act (ETA) has some less well-known rules that may affect your business, including some that affect medical clinics and health services. Check out the first half of these unusual GST and HST rules from the ETA.

1 March 2021

Temporary Relief for Employee Automobile Benefits for the 2020 and 2021 Taxation Years due to COVID-19

On December 21, 2020, the Department of Finance Canada released a backgrounder and draft legislation to provide temporary relief in respect of employee automobile benefits for the 2020 and 2021 taxation years due to the impact of COVID-19. Read more on the Reduced Standby Charges, Operating Expense Benefit and more.

1 March 2021

New GST Registration Requirement for Non-Residents, Vendors and Digital Platforms

New GST/HST measures have been proposed for foreign-based vendors, effective July 1, 2021. Currently, foreign-based vendors without physical presence in Canada are not required to register, resulting in GST/HST not being collected on online purchases from non-resident vendors or made through digital platforms. Learn about these changes and how to comply with the rules and filing obligations.

1 March 2021