News + Articles
Amy Zarzycki Earns CPB Designation
Wilkinson & Company LLP is proud to announce that Amy Zarzycki has officially earned the Certified Professional Bookkeeper (CPB) designation from CPB Canada. This national certification recognizes the highest standard of bookkeeping expertise, ethics, and ongoing professional development. With over 2,300 members across the country, CPB Canada represents Canada’s largest and most respected community of…
Read MoreClient Update | Payment and Interest Relief for Businesses
To assist businesses dealing with the economic impact of new tariffs being imposed by the USA, theGovernment of Canada announced that it will provide interest and payment relief to businessesimpacted by tariffs. The Canada Revenue Agency (CRA) will: Interest will resume starting July 1, 2025. Importantly, this is not a filing extension so corporate tax…
Read MoreTax Tips and Traps – 1st Quarter 2025
View the PDF version here.
Read More2024 YEAR-END TAX PLANNING
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Read MoreYear End Tax Planning for 2024 – INVESTORS AND AIRBNB HOSTS ESPECIALLY!
As the end of the year approaches there are a few planning steps you can take to reduce your personal tax bill this April and into the future. 2024 was a year where several significant tax changes occurred, including the increase in the capital gains inclusion rate and the limitation on expenses for short-term rental…
Read MoreHeidi Nemish CPA, CGA Partnership Announcement
The Partners of Wilkinson & Company LLP are pleased to announce that Heidi Nemish CPA, CGA, has joined the Partnership of the Firm effective July 1st 2024. Heidi graduated from Brock University with an Honours Bachelor of Business Administration, majoring in Accounting, then earning her CGA designation in 2004. With over 20+ years of experience…
Read MoreClient Update | Increase to Capital Gains Inclusion Rate
May 15th, 2024
Read MoreFederal Budget Commentary 2024
On April 16, 2024, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2024 – Fairness for Every Generation, to the House of Commons. Read the full article below.
Read MoreHighlights of the 2024 Federal Budget
The 2024 Federal Budget (“Budget 2024”) was presented on April 16, 2024 (“Budget Day”) and introduced a number of tax and non-tax measures to address the rising cost of living in Canada. Non-tax measures include the introduction of a National Pharmacare Plan, a new Canada Disability Benefit, limitations and restrictions on bank fees and measures…
Read MoreMandatory Electronic Payments to CRA
Effective January 1, 2024 the Canada Revenue Agency implemented a mandatory requirement that any payments over $10,000 must now be made electronically. This includes any payment made related to balances due for personal, corporate and Trust income tax, instalments, HST remittances, payroll remittances and any other payments made to the Receiver General of Canada. Electronic…
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