News

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 Mar 2021 Read more

Changes to Trust Reporting Rules

The CRA has released Draft legislation for new reporting rules for Trusts, effective for year-ends on or after December 31, 2021. Read these new requirements and the effect they may have on Trusts moving forward.

1 Mar 2021 Read more

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 Mar 2021 Read more

Common Issues in Waterfall Calculations in Commercial Real Estate

Real Estate Waterfall models in commercial real estate deals are one of the most challenging concepts to understand when dealing with cash flow distributions. Segal Managing Partner Dan Natale provides insights into key terms of a real estate transaction.

1 Mar 2021 Read more

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 Mar 2021 Read more

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 Mar 2021 Read more

Moore North America Celebrates Black History Month

February has been Black History Month, and Moore North America members have been using this opportunity to recognize, celebrate and reflect on the contributions and achievements of Black Americans and Canadians throughout history.

26 Feb 2021 Read more

Citrin Cooperman Names New Entertainment, Music, and Sports Industry Practice Leader

Citrin Cooperman continues to expand their Entertainment, Music and Sports Industry Practice with the appointment of new Practice Leader Matthew Segreto. The industry practice has recently seen significant growth, and will continue with strategic expansion and a buildout of resources for their client base.

16 Feb 2021 Read more

Moore North America Adds New Global Enterprise Solutions to Strategic Partner Program

Moore Members To Benefit From Global Discounts and Preferred Access to Technology Providers

3 Feb 2021 Read more

Citrin Cooperman Expands Advisory Service Line Offerings

New York-based Citrin Cooperman grows their advisory services team to continue the innovation of the firm's Business Process Outsourcing (BPO) Practice and newly-formed Bankruptcy and Restructuring Services Practice.

26 Jan 2021 Read more

Search for news