Our Blog

Further to the Ontario Government's March 23, 2020 announcement, it has been determined that Lipton is an "Essential Workplace". As a result, our offices will remain "open" and we will continue with our present modified work arrangement. Although most of our partners...

As a follow-up to the Government of Canada's recent announcement on the Temporary Wage Subsidy for Employers, the CRA has now provided their answers to frequently asked questions. In order to assist you, we are pleased to provide you with the following link containing...

As you may be aware, the CRA has recently extended the personal tax filing deadline to June 1, 2020. While this allows everyone more time to prepare and file their tax returns, we are urging everyone to send us their tax filing information as soon as possible,...

On March 20, 2020, U.S. Treasury Secretary Steven Mnuchin announced that the individual tax return filing deadline of April 15th, 2020 has been extended to July 15th, 2020 to coincide with the previously announced payment due date extension for amounts up to US...

As a valued client of Lipton LLP and in response to recent community health concerns, we want to advise you of changes to our personal tax return process as well as update you on our plans in case of a required office closure. As of today, all tax return filing and...

In response to COVID-19, on March 18, 2020, the Government of Canada announced new financial and tax measures. Highlights are outlined below: Extension of Filing Deadlines Individuals, other than trusts, will have an extended filing deadline to June 1, 2020 for the...

The April 30, 2020 deadline to file your 2019 personal income tax return is quickly approaching. As a result of changes in tax laws and the ever-increasing complexity in preparing personal tax returns, please gather your required tax information(as outlined in the...

Lipton LLP is proud to announce that all four of our writers; Chasina Chasina, Prince Dimude, Jessie Fu and Justin Fu were successful in passing the 2019 Chartered Professional Accountants of Canada (CPA) Common Final Examination (CFE).        ...

The Partners of Lipton LLP are excited to announce that Brandon Burtnik has been promoted to Partner effective January 1, 2020. A homegrown success story, Brandon has spent his entire professional career at Lipton. Brandon excels at providing advice to clients,...

Finance Minister Bill Morneau's March 19, 2019 Federal Budget message was that, thanks to the Federal Government's investments over the past three years, things are going well, especially for the middle class: more Canadians have full-time jobs, unemployment is at...

The April 30, 2019 deadline to file your 2018 personal income tax return is quickly approaching. As a result of changes in tax laws and the ever-increasing complexity in preparing personal tax returns, please gather your required tax information(as outlined in the...

The 2018 U.S. tax return for an individual; Form 1040 is due on April 15th, 2019. However, if a U.S. tax person is out of the U.S. on April 15th, the filing due date is automatically extended to June 17th. The extension allowed is for the filing of the tax return but...