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December 2020 Newsletter

Our December 2020 newsletter is available here and covers a number of important topics including:

  • Canada Pension Plan, when to apply?
  • Reasonable meal allowances
  • Commingling business and personal expenses....the cost could be very high
  • Unreported income...Statute barred periods
  • Unremitted GST/HST or Source deductions....Directors can be personally liable
  • U.S. Transition Tax.....IRS starting compliance work
  • RRIF/RRSP on death...roll over to a child or grandchild's RDSP

  


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