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Blog by ZAK Accounting

  • 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/

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  • 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

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  • 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/

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  • 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/

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  • 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

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  • 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

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  • 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

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  • 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/

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  • 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/

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  • 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.

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  • Tax Planning 101: You Have Until March 1 to Reduce Your 2020 Tax Bill Using RRSP

    External Author   |   Jan 27, 2021

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

    Article Written By:  Puja Tayal 

    Original Article Posted on:  January 5, 202

    Link to Original Article:  https://www.fool.ca/2021/01/05/tax-planning-101-you-have-until-march-1-to-reduce-your-2020-tax-bill-using-rrsp/

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  • Advantages in Bookkeeping

    External Author   |   Jan 20, 2021

    Original Article Source Credits:   Chron , https://smallbusiness.chron.com/

    Article Written By:  George N. Root III

    Original Article Posted on:  NA

    Link to Original Article:  https://smallbusiness.chron.com/advantages-bookkeeping-10662.html

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  • Canada Revenue Agency: 2 Big Changes to Be Aware of in 2021

    External Author   |   Jan 13, 2021

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

    Article Written By:  Christopher Liew, CFA 

    Original Article Posted on:  January 5, 2021

    Link to Original Article:  https://www.fool.ca/2021/01/05/canada-revenue-agency-2-big-changes-to-be-aware-of-in-2021/

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  • Canada Revenue Agency: Reduce Your Tax Bill With 3 Easy Deductions

    External Author   |   Jan 06, 2021

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

    Article Written By:  Adam Othman

    Original Article Posted on:  November 30, 2020

    Link to Original Article:  https://www.fool.ca/2020/11/30/canada-revenue-agency-reduce-your-tax-bill-with-3-easy-deductions/

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  • Do you file your taxes on paper? Due to COVID-19, paper filing may delay your assessment

    External Author   |   Dec 30, 2020

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

    Article Written By:  NA

    Original Article Posted on:  2020-12-08

    Link to Original Article:  https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2020/file-taxes-paper-covid-19-delay.html?utm_source=mediaroom&utm_medium=eml

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  • CRA Tax Announcement: New TFSA Limit for 2021 Is $6,000

    External Author   |   Dec 16, 2020

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

    Article Written By:  Christopher Liew, CFA

    Original Article Posted on:  December 1, 2020

    Link to Original Article:  https://www.fool.ca/2020/12/01/cra-tax-announcement-new-tfsa-limit-for-2021-is-6000/

    Read more >>


  • 4 Tips for Improving Your Small Business Bookkeeping

    External Author   |   Dec 09, 2020

    Original Article Source Credits:    Intuit and QuickBooks   , 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/bookkeeping/ways-improve-small-business-bookkeeping/

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  • Canada Emergency Response Benefit (CERB) with CRA

    External Author   |   Dec 02, 2020

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

    Article Written By:  NA

    Original Article Posted on:  2020-10-19

    Link to Original Article:  https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html

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  • Canada Revenue Agency: 2 Useful Tax Breaks for 2020

    External Author   |   Nov 25, 2020

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

    Article Written By:  Aditya Raghunath 

    Original Article Posted on:  November 9, 2020

    Link to Original Article:  https://www.fool.ca/2020/11/09/canada-revenue-agency-2-useful-tax-breaks-for-2020/

    Read more >>


  • Canada Revenue Agency: You Can Now Apply for the $450 CRCB and CRSB

    External Author   |   Nov 04, 2020

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

    Article Written By:  Puja Tayal

    Original Article Posted on:  October 6, 2020

    Link to Original Article:  https://ca.finance.yahoo.com/news/canada-revenue-agency-now-apply-120423492.html

    Read more >>


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