Tax Alerts

Are you ready for spring compliance season?

Spring tax compliance season is upon us. Many changes will affect a broad range of taxpayers, including recipients of COVID-19 subsidies.

Employee home office expense deduction simplified

The CRA has released new guidance for claiming the employee home office expense deduction in 2020 due to COVID-19.

Canadian Budget Commentary

Stay up-to-date on issues & the impact arising from the current Canadian Federal Budget. RSM’s coverage includes articles, videos and more.

Massive overhaul on the horizon - Significantly expanded form T1134

Be prepared for sweeping information disclosure changes related to reporting of foreign affiliates to form T1134 coming in 2021.

2020 Fall Economic Statement: Detailed commentary

Read RSM’s summarization of the 2020 Fall Economic Statement released by the Canadian government Nov. 30, 2020.

Tax updates in Canada in response to COVID-19

Our tax alert summarizes the latest tax measures by federal and certain provincial government authorities amid the coronavirus pandemic.

TCC clarifies what representations cause property to be a tax shelter

Would property be a tax shelter if the tax attributes are communicated but the tax benefits are not? In Krumm, the TCC held that it would.

2020 Ontario Budget commentary

The Ontario Budget commentary summarizes key business and personal tax measures set out in the Ontario Budget.