by cpiwebdesign | Nov 30, 2020 | Uncategorized
Lipton LLP is proud to announce that Emily Chen was successful in passing the 2020 Chartered Professional Accountants of Canada (CPA) Common Final Examination (CFE). The CFE is the final examination that Chartered Professional Accountant (CPA) students take in...
by cpiwebdesign | Nov 17, 2020 | Uncategorized
The Government of Ontario recently tabled its 2020 Budget. Highlights are outlined below: Corporate Tax: Corporate Tax Rates No new corporate income tax rate changes were announced in this year’s budget. As a result, selected combined 2020 federal and Ontario tax...
by cpiwebdesign | Nov 12, 2020 | Uncategorized
The government introduced the Canada Emergency Wage Subsidy to protect Canadian jobs, encourage employers to quickly rehire workers previously laid off because of COVID-19, and help bridge the Canadian economy to the other side of this unprecedented crisis. The wage...
by cpiwebdesign | Nov 11, 2020 | Uncategorized
The Government of Canada has now introduced draft legislation that includes the new Canada Emergency Rent Subsidy (CERS) and the Lockdown Support Subsidy. The application process for these new subsidies is not yet available. Under these proposed provisions,...
by cpiwebdesign | Oct 14, 2020 | Uncategorized
On October 9, 2020 the Government of Canada announced that it will be extending the Canada Emergency Wage Subsidy, creating a new Canada Emergency Rent Subsidy program, and expanding the Canada Emergency Business Account. Canada Emergency Wage Subsidy The government...
by cpiwebdesign | Jun 9, 2020 | Uncategorized
On July 1, 2020 the government’s prescribed interest rate will decrease from its current two percent to one percent. In some cases, this can provide a tax planning opportunity to split income with a spouse or common-law partner, children, grandchildren or other...
