Category: Facts and News

Should I Worry About Inflation?

September 25, 2021
The subject of inflation seems to be on everyone’s mind right now. As people slowly return to work,... Read More

Is Incorporation Right for my Small Business?
Pros and Cons of Incorporation

September 10, 2021
If you are a small business owner or thinking of becoming one, you may have questions about how... Read More

Our Services: Monthly Accounting Service

August 14, 2021
We sat down with Gurek Deol, our Senior Accountant, to talk about Elite Accounting’s Monthly Accounting Service. Q... Read More

Corporate Income Tax Due Dates for Small Businesses

July 24, 2021
For small business owners, it is essential to keep track of all CRA deadlines, such as the business’s... Read More

Highlights of Budget 2021

April 27, 2021
On April 19, 2021, Finance Minister Chrystia Freeland tabled the 2021 Federal Budget. The federal budget aims to... Read More

What’s New for the 2020 Tax-Filing Season

February 11, 2021
Canada Pension Plan (CPP) enhancement  On January 1, 2019, Canadians began contributing more to the Canada Pension Plan.... Read More

Canada Pension Plan and Employment Insurance Rates in 2021

January 21, 2021
Canadians may notice a decrease on their paycheques beginning in January 2021. The maximum pensionable earnings under the... Read More

Government of Canada Announces New Rules for Home Office Expenses

January 21, 2021
Due to the COVID-19 pandemic, millions of Canadians have made the switch to working from home in 2020.... Read More

RRSP Deadline for the 2020 Tax Year

January 21, 2021
The deadline to contribute to your 2020 RRSP is fast approaching. Many people use this time to top... Read More

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