an entrepreneurial-spirited accounting and consulting firm primarily concentrating on the special needs of Alberta's independent business

We are a paperless office and encourage you to send your confidential messages and files to us securely by clicking on the e-courier icon above.  If you do not already have an e-courier account set up with us, please contact us.

Tax Tips & Traps

2020 second quarter     issue no. 130

Tax Ticklers...some quick points to consider...
  • Canadian controlled private corporations accounted for 54% of all corporate tax paid.

  • The 1% of Canadians who earned income in the top federal tax bracket paid 26% of the total personal taxes.

  • Of the 27.8 million individual tax filers, 36% were non-taxable.

  • The home buyers’ plan maximum withdrawal increased from $25,000 to $35,000 for withdrawals made after March 19, 2019. Also, it is now available for use by those experiencing a recent breakdown in their marriage or common-law partnership.

Proudly created with

  • Facebook Clean
  • Twitter Clean
  • White Google+ Icon
  • LinkedIn Clean