Claiming Home Office Expenses – COVID-19
This year has been filled with unprecedented challenges due to the COVID-19 pandemic. Many Canadians unexpectedly had to work from...
2020 Federal Fall Economic Statement Highlights
On November 30, 2020, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, released Supporting Canadians and Fighting...
Congratulations Emily Chen – Our 2020 CFE Graduate
Lipton LLP is proud to announce that Emily Chen was successful in passing the 2020 Chartered Professional Accountants of Canada (CPA)...
Ontario Budget Highlights – 2020
The Government of Ontario recently tabled its 2020 Budget. Highlights are outlined below: Corporate Tax: Corporate Tax Rates No new corporate...
Canada Emergency Wage Subsidy (CEWS) – Extension
The government introduced the Canada Emergency Wage Subsidy to protect Canadian jobs, encourage employers to quickly rehire workers previously laid...
Rent Subsidy Programs – Update
The Government of Canada has now introduced draft legislation that includes the new Canada Emergency Rent Subsidy (CERS) and the...
Covid-19 – Recent Government Announcement
On October 9, 2020 the Government of Canada announced that it will be extending the Canada Emergency Wage Subsidy, creating a new...
Tax Planning – Prescribed Rate Loans
On July 1, 2020 the government’s prescribed interest rate will decrease from its current two percent to one percent. In...
Canada Emergency Wage Subsidy – Important Update
Finance Minister Bill Morneau today announced that the Government of Canada will extend the CEWS by an additional 12 weeks...
COVID-19 and Business Interruption Insurance
As the COVID-19 pandemic continues, it is having a significant impact on many businesses, including operating losses as a result...