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Tax updates and facts, articles and resources for your convenience.

2024 Federal Budget Highlights

April 17, 2024

On April 16, 2024, the Federal Government tabled Budget 2024, which proposed various provisions impacting individuals and businesses. Some of the items of interest include ...

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2023 Penalties Waived for Late-Filed Bare Trusts

March 14, 2024

New CRA Guidance: 2023 Penalties Waived for Late-Filed Bare Trusts On March 12, 2024, the CRA released new guidance indicating that a bare trust with ...

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Expanded Trust Reporting Rules for 2023

March 13, 2024

New rules effective for trusts with tax years ending on or after December 31, 2023 will require enhanced disclosure and most trusts will be required ...

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2023 USA Personal Income Tax Checklist

March 7, 2024

Our 2023 USA Personal Income Tax Checklist can be used to help gather your documents and send us necessary information for completing your tax return. ...

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2023 Canadian Personal Income Tax Checklist

February 16, 2024

Our 2023 Canadian Personal Income Tax Checklist can be used to help gather your documents and send us necessary information for completing your tax return. ...

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Employees Working from Home in 2023

February 16, 2024

Employees who have worked from home more than 50% of the time for at least four consecutive weeks in 2023 may be eligible to claim ...

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2024 Tax Facts for Ontario Residents

February 16, 2024

We’ve compiled the 2024 tax rates on corporate income, RRSP limits, CPP & EI Limits, prescribed interest rates, automobile amounts, personal tax brackets for salary ...

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2023 Personal Tax Filing Information

February 16, 2024

It’s that time of year again! Please read the information below thoroughly and complete our 2023 personal tax checklist to ensure efficient and timely preparation ...

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2023 Federal Budget Highlights

March 29, 2023

On March 28, 2023, the Federal Government tabled Budget 2023, which proposed a broad array of provisions impacting many individuals and businesses. The Budget did ...

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Underused Housing Tax (UHT) Filings

March 14, 2023

Penalties waived if filed by by Oct. 31 “To provide more time for affected owners to take necessary actions to comply, the Minister of National ...

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2022 Personal Tax Filing Information

February 16, 2023

Information Required Please accumulate your 2022 tax information slips, summarize where appropriate and separate for each individual before submitting to us. We are unable to ...

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2023 Tax Facts for Ontario Residents

February 16, 2023

We’ve compiled the 2023 tax rates on corporate income, RRSP limits, CPP & EI Limits, prescribed interest rates, automobile amounts, personal tax brackets for salary ...

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2022 Underused Housing Tax Checklist

February 16, 2023

Our 2022 Underused Housing Tax Checklist can be used to help gather your documents and send us necessary information for completing your tax return. *Important ...

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2022 Canadian Personal Income Tax Checklist

February 16, 2023

Our 2022 Canadian Personal Income Tax Checklist can be used to help gather your documents and send us necessary information for completing your tax return. ...

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2022 USA Personal Income Tax Checklist

February 16, 2023

Our 2022 USA Personal Income Tax Checklist can be used to help gather your documents and send us necessary information for completing your tax return. ...

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Employees Working from Home in 2022

February 16, 2023

Many employees will be able to claim a deduction on their 2022 personal tax return for work space in home expenses. Follow the attached steps ...

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2022 Federal Budget Highlights

April 8, 2022

On April 7, 2022, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2022: A Plan to Grow Our Economy and ...

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2021 Personal Tax Filing Information

February 21, 2022

Information Required Please accumulate your 2021 tax information slips, summarize where appropriate and separate for each individual before submitting to us. We are unable to ...

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2022 Tax Facts for Ontario Residents

February 21, 2022

We’ve compiled the 2022 tax rates on corporate income, RRSP limits, CPP & EI Limits, prescribed interest rates, automobile amounts, personal tax brackets for salary ...

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Client Portal Resources

February 1, 2022

Our firm has adapted the way in which we exchange information with our clients including using our convenient and secure portal to replace physical delivery ...

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2021 Federal Budget Highlights

April 20, 2021

On April 19, 2021, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2021: A Recovery Plan for Jobs, Growth, and ...

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2020 Personal Tax Filing Information

February 18, 2021

Information Required Please accumulate your 2020 tax information slips, summarize where appropriate and separate for each individual before submitting to us. We are unable to ...

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2020 Canadian Personal Income Tax Checklist

February 16, 2021

Our 2020 Canadian Personal Income Tax Checklist can be used to help gather your documents and send us necessary information for completing your tax return. ...

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2020 USA Personal Income Tax Checklist

February 16, 2021

Our 2020 USA Personal Income Tax Checklist can be used to help gather your documents and send us necessary information for completing your tax return. ...

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Employees Working from Home in 2020

February 16, 2021

Many employees will be able to claim a deduction on their 2020 personal tax return for work space in home expenses. Follow the attached steps ...

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2021 Tax Facts for Ontario Residents

January 20, 2021

We’ve compiled the 2021 tax rates on corporate income, RRSP limits, CPP & EI Limits, prescribed interest rates, automobile amounts, personal tax brackets for salary ...

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Fall Economic Statement 2020

December 1, 2020

Finance Minister Chrystia Freeland released her fall economic statement on November 30, 2020 laying out the federal government’s fiscal strategy to combat the effects of ...

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CRA releases additional information on CEWS & TWSE

October 14, 2020

If you have claimed (or plan to claim) the Temporary Wage Subsidy for Employers (TWSE) or the Canada Emergency Wage Subsidy (CEWS) this pertains to ...

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CRA Announces Extension

July 29, 2020

Payment deadlines extended and interest relief on outstanding debts. Payment deadline extension to September 30. The CRA is extending the payment due date for individual, ...

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Submitting your Tax Return during COVID-19

March 31, 2020

Davis Martindale has adopted “social distancing” in an effort to aid in slowing the spread of the virus. Although our offices are not open to ...

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U.S. Tax Deadline Updates

March 23, 2020

The government announced an extension to the U.S. Tax Deadline. You'll find a link to more information below. U.S. Tax Deadline Extended If you have ...

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U.S. Tax Deadlines Extended

March 23, 2020

The IRS has officially extended all U.S. personal and corporate tax filings and payments until July 15, 2020. Please continue submitting your tax information. Our ...

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Tax Deadlines Extended

March 18, 2020

Prime Minister Justin Trudeau announced today, tax filing and payment deadlines have been extended. Revised filing deadlines: Personal (T1) deadline: June 1, 2020 (from April ...

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2019 Canadian Personal Income Tax Checklist

January 1, 2020

Our 2019 Canadian Personal Income Tax Checklist can be used to help gather your documents and send us necessary information for completing your tax return. ...

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2020 Tax Facts for Ontario Residents

January 1, 2020

We’ve compiled the 2020 tax rates on corporate income, RRSP limits, CPP & EI Limits, prescribed interest rates, automobile amounts, personal tax brackets for salary & ...

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2019 Federal Budget Highlights

March 21, 2019

On March 19, 2019 Finance Minister Bill Morneau presented the 2019 Federal Budget. No changes were made to personal or corporate tax rates, nor to ...

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