Regardless of your situation, we can all agree, it was a crappy year. And there’s no better way to get closure than file your 2020 tax return! The Team at LM Tax has compiled some lit tax tips to polish off the decade.
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2020 was a tough year, but we’ve been working to make your life just a little bit easier this tax year. Below are our new ways to save money LM Tax services:
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Hello everyone! There’s a lot of budgeting applications, software programs, and spreadsheets out there – they all try to offer something unique such as connecting to your bank account. Unfortunately they all have one thing in common; saving is last on the priority list and always follows spending in terms of cash outflows. I’m uploading my
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Millions of Canadians flooded the CRA website last week to apply for CERB (along with other government support payments such as EI). CERB provides $2,000 per month ($500 per week) for up to 16 weeks to individuals who were laid off as a result of COVID-19. As mentioned in our last post – if the government
Read MoreYou don’t have to watch the news to know many of us have been removed from our workplaces. As such, you or someone you know may have applied to receive employment insurance or Canada Emergency Response Benefit (CERB). See the original post for more details.
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Many of you know that the Canadian Personal Income Tax filing deadline is April 30th – this has been the case for decades. However, given the current circumstances, CRA has extended the individual tax filing deadline to June 1, 2020. Additionally, individuals now have until September 1, 2020 to pay a balance owing on their 2019
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