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Blog by Acton Accounting & Bookkeeping Inc.

Read our blog to know about the various trends in the accounting & bookkeeping world!

Reporting Foreign Transactions

By  External Author |   | Posted in " Tax & Benefits, tax accountant "

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Original Article Source Credits:   Taxtips , https://www.taxtips.ca/

Article Written By:  NA

Original Article Posted on:  April 23, 2021

Link to Original Article:  https://www.taxtips.ca/filing/reporting-foreign-transactions.htm


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Tax tips for clients who sold, bought or renovated homes in 2020

By  External Author |   | Posted in " tax accountant, Tax accountants, tax filing, tax services "

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Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Staff

Original Article Posted on:  March 24, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/tax-tips-for-clients-who-sold-bought-or-renovated-homes-in-2020/


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Can a trust avoid tax on a deceased persons RRSP?

By  External Author |   | Posted in " Accounting, Bank Reconciliations, Bookkeeping, Corporate & Personal Tax Returns, corporate tax, Financial Statements, Tax & Benefits, tax accountant, Tax accountants, tax filing, tax return preparation, tax services "

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Original Article Source Credits: Advisor's Edge, https://www.advisor.ca

Article Written By: Doug Carroll

Original Article Posted on: March 23, 2021

Link to Original Article: https://www.advisor.ca/tax/estate-planning/can-a-trust-avoid-tax-on-a-deceased-persons-rrsp


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Pattie Lovett-Reid: Don't even think about trying to outsmart Canada Revenue Agency

By  External Author |   | Posted in " Accounting, accounting services, Bookkeeping, bookkeeping services, business accounting, Financial Statements, Tax & Benefits, tax accountant, tax filing, tax services "

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Original Article Source Credits: CTV News, https://www.ctvnews.ca

Article Written By: Patricia Lovett-Reid

Original Article Posted on: March 22, 2021

Link to Original Article: https://www.ctvnews.ca/business/pattie-lovett-reid-don-t-even-think-about-trying-to-outsmart-canada-revenue-agency-1.5353005


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CRA sending T4As to recipients of Covid relief benefits

By  External Author |   | Posted in " Accountants, Accounting, accounting services, Tax & Benefits, tax accountant, tax services "

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Original Article Source Credits: Advisor's Edge, https://www.advisor.ca/

Article Written By: NA

Original Article Posted on: 12th January 2021

Link to Original Article: https://www.advisor.ca/news/industry-news/cra-sending-t4as-to-recipients-of-covid-relief-benefits/


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CERB recipients deemed ineligible after messaging mix-up won’t be forced to repay

By  External Author |   | Posted in " tax accountant, Tax accountants, tax filing "

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Original Article Source Credits:   Global News , https://globalnews.ca/

Article Written By:  Nicole Gibillini 

Original Article Posted on:  February 9, 2021 

Link to Original Article:  https://globalnews.ca/news/7629331/cerb-repayments-forgiven/


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‘Fear and uncertainty:’ What to expect from your 2021 taxes

By  External Author |   | Posted in " Tax & Benefits, tax accountant "

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Original Article Source Credits:   Global News , https://globalnews.ca/

Article Written By:  Erica Alini 

Original Article Posted on:  February 6, 2021

Link to Original Article:  https://globalnews.ca/news/7616996/2021-taxes-canada/


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