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Blog by ZAK Accounting

  • 8 things often overlooked when launching a small business

    External Author   |   Jun 23, 2021

    Original Article Source Credits:   CPA Canada , https://www.cpacanada.ca/

    Article Written By:  MICHELLE SINGERMAN

    Original Article Posted on:  5.17.2021

    Link to Original Article:  https://www.cpacanada.ca/en/news/canada/2021-05-17-small-biz-setup

    Read more >>


  • Government to reimburse self-employed workers who repaid CERB

    External Author   |   Jun 16, 2021

    Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

    Article Written By:  Staff, Canadian Press

    Original Article Posted on:  May 27, 2021

    Link to Original Article:  https://www.advisor.ca/tax/tax-news/government-to-reimburse-self-employed-workers-who-repaid-cerb/

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  • Tax Tip - June 15, 2021, is the deadline for self-employed individuals to file their 2020 income tax and benefit return

    External Author   |   Jun 11, 2021

    Original Article Source Credits:   Newswire , https://www.newswire.ca/

    Article Written By:  NA

    Original Article Posted on:  Jun 03, 2021

    Link to Original Article:  https://www.newswire.ca/news-releases/tax-tip-june-15-2021-is-the-deadline-for-self-employed-individuals-to-file-their-2020-income-tax-and-benefit-return-892090218.html

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  • Let the stimulus come from taxpayers, not governments

    External Author   |   May 19, 2021

    Original Article Source Credits:   Canadian Taxpayers Federation , https://www.taxpayer.com/

    Article Written By:   Jay Goldberg 

    Original Article Posted on:  2021/04/18

    Link to Original Article:  https://www.taxpayer.com/newsroom/let-the-stimulus-come-from-taxpayers,-not-governments

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  • CRA warns COVID-19 benefits could be delayed 2 months if tax deadline missed

    External Author   |   May 12, 2021

    Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/ 

    Article Written By:  Jessy Bains

    Original Article Posted on:  April 16, 2021

    Link to Original Article:  https://ca.finance.yahoo.com/news/cra-warns-covid-19-benefits-could-be-delayed-2-months-if-tax-filing-deadline-missed-182812751.html

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  • Canada Recovery Benefit (CRB)

    External Author   |   May 05, 2021

    Original Article Source Credits:  Canada.ca , https://www.canada.ca/ 

    Article Written By:  NA

    Original Article Posted on:  2021-03-25

    Link to Original Article:  https://www.canada.ca/en/revenue-agency/services/benefits/recovery-benefit.html

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  • CRA’s COVID Benefits: How to Save Your Stimulus Money From the CRA Clawback

    External Author   |   Apr 28, 2021

    Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/

    Article Written By:  Puja Tayal

    Original Article Posted on:  April 5, 2021

    Link to Original Article:  https://ca.finance.yahoo.com/news/cra-covid-benefits-save-stimulus-120144392.html

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  • Canadian tax news and COVID-19 updates

    External Author   |   Apr 21, 2021

    Original Article Source Credits:   CPA Canada, https://www.cpacanada.ca/

    Article Written By:  NA

    Original Article Posted on:  April 9, 2021

    Link to Original Article:  https://www.cpacanada.ca/en/business-and-accounting-resources/taxation/canadian-tax-news

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  • The Canada Revenue Agency is hiring

    External Author   |   Apr 14, 2021

    Original Article Source Credits:   Canada.ca , https://www.canada.ca/

    Article Written By:  NA

    Original Article Posted on:  2021-02-04

    Link to Original Article:  https://www.canada.ca/en/revenue-agency/campaigns/about-canada-revenue-agency-cra/canada-revenue-agency-hiring.html

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  • New GST/HST rules for digital sales: What you should know

    External Author   |   Apr 07, 2021

    Original Article Source Credits:   CPA CANADA , https://www.cpacanada.ca/

    Article Written By:  Bruce Ball, FCPA, FCA, CFP

    Original Article Posted on:  February 25, 2021

    Link to Original Article:  https://www.cpacanada.ca/en/business-and-accounting-resources/taxation/blog/2021/february/gst-hst-proposals-for-digital-sales

    Read more >>


  • Attention Canadians! The CRA Increased $13,000 CRB to $19,000

    External Author   |   Mar 31, 2021

    Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

    Article Written By:  Puja Tayal 

    Original Article Posted on:  March 5, 2021

    Link to Original Article:  https://www.fool.ca/2021/03/05/attention-canadians-the-cra-increased-13000-crb-to-19000/

    Read more >>


  • There are new rules this tax season, courtesy of COVID-19. Here is what you need to know

    External Author   |   Mar 24, 2021

    Original Article Source Credits:   CBC News , https://www.cbc.ca/

    Article Written By:  Sophia Harris 

    Original Article Posted on:   Feb 27, 2021 

    Link to Original Article:  https://www.cbc.ca/news/business/cra-covid-benefits-1.5928069

    Read more >>


  • CRA: Big Changes for Income Tax and CPP in 2021

    External Author   |   Mar 17, 2021

    Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

    Article Written By:  Vishesh Raisinghani

    Original Article Posted on:  March 5, 2021

    Link to Original Article:  https://www.fool.ca/2021/03/05/cra-big-changes-for-income-tax-and-cpp-in-2021/

    Read more >>


  • Don’t let CRA tax interest relief tempt you into filing late, experts warn

    External Author   |   Mar 10, 2021

    Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

    Article Written By:   Rudy Mezzetta 

    Original Article Posted on:  February 22, 2021

    Link to Original Article:  https://www.advisor.ca/tax/tax-news/dont-let-cra-tax-interest-relief-tempt-you-into-filing-late-experts-warn/

    Read more >>


  • Canadian tax news and COVID-19 updates

    External Author   |   Mar 05, 2021

    Original Article Source Credits:   CPA Canada, https://www.cpacanada.ca/

    Article Written By:  NA

    Original Article Posted on:  NA

    Link to Original Article:  https://www.cpacanada.ca/en/business-and-accounting-resources/taxation/canadian-tax-news

    Read more >>


  • 2020 round-up: Income tax impacts of key COVID-19 support programs

    External Author   |   Feb 26, 2021

    Original Article Source Credits:   CPA Canada,https://www.cpacanada.ca/

    Article Written By:  Bruce Ball, FCPA, FCA, CFP

    Original Article Posted on:  January 28, 2021

    Link to Original Article:  https://www.cpacanada.ca/en/business-and-accounting-resources/taxation/blog/2021/january/income-tax-impacts-covid-19-support-programs

    Read more >>


  • Employee home office expenses: Special rules for 2020 claims

    External Author   |   Feb 24, 2021

    Original Article Source Credits:   CPA Canada , https://www.cpacanada.ca/

    Article Written By:  Bruce Ball, FCPA, FCA, CFP

    Original Article Posted on:  January 28, 2021

    Link to Original Article:  https://www.cpacanada.ca/en/business-and-accounting-resources/taxation/blog/2021/january/employee-home-office-expenses-2020

    Read more >>


  • Four of the Most Costly Bookkeeping Errors for Small Businesses

    External Author   |   Feb 12, 2021

    Original Article Source Credits:   QuickBooks Canada , https://quickbooks.intuit.com/

    Article Written By:  QuickBooks Canada Team

    Original Article Posted on:  NA

    Link to Original Article:  https://quickbooks.intuit.com/ca/resources/accounting-errors/most-costly-bookkeeping-errors/

    Read more >>


  • Canada Revenue Agency: 2 One-Time Changes to Your 2020 Taxable Income

    External Author   |   Feb 10, 2021

    Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

    Article Written By:  Puja Tayal 

    Original Article Posted on:  February 4, 2021

    Link to Original Article:  https://www.fool.ca/2021/02/04/canada-revenue-agency-2-one-time-changes-to-your-2020-taxable-income/

    Read more >>


  • How Is The Canadian Government Helping During The Pandemic?

    Zak Accounting Professional Corporation   |   Feb 01, 2021

    Personal Income Tax Ottawa ON

    The COVID-19 pandemic has affected us all in many ways. From businesses to individuals, everyone has incurred some or the other kind of financial consequence. Sadly, some have been affected much worse than others due to sudden lockdowns and the economic slowdown. To assist those suffering from significant financial struggles, the Canadian Government is offering businesses and individuals financial aid and relief.

    Read more >>


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