Good to know! (a blog about business and taxes)

		[{"id":1300,"link":"https:\/\/pjcpa.ca\/income-tax\/cra-changes-bare-trust-filing-requirement\/","name":"cra-changes-bare-trust-filing-requirement","thumbnail":{"url":false,"alt":false},"title":"CRA Changes Bare Trust Filing Requirement","author":{"name":"Paul Johnson, CPA, CA","link":"https:\/\/pjcpa.ca\/author\/pjsiteadmin\/"},"date":"Mar 28, 2024","dateGMT":"2024-03-28 22:42:49","modifiedDate":"2024-03-28 14:42:49","modifiedDateGMT":"2024-03-28 22:42:49","commentCount":"0","commentStatus":"closed","categories":{"coma":"<a href=\"https:\/\/pjcpa.ca\/category\/income-tax\/\" rel=\"category tag\">Income Tax<\/a>, <a href=\"https:\/\/pjcpa.ca\/category\/income-tax\/trust-tax\/\" rel=\"category tag\">Trust Tax<\/a>","space":"<a href=\"https:\/\/pjcpa.ca\/category\/income-tax\/\" rel=\"category tag\">Income Tax<\/a> <a href=\"https:\/\/pjcpa.ca\/category\/income-tax\/trust-tax\/\" rel=\"category tag\">Trust Tax<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/pjcpa.ca\/tag\/federal-canada\/' rel='post_tag'>Federal-Canada<\/a>"},"readTime":{"min":1,"sec":39},"status":"publish","content":"Better late than never (maybe!) Today, March 28, 2024, the Canada Revenue Agency announced that they will not require bare trusts to file the T3 Trust Income Tax and Information Return for the 2023 taxation year. The filing deadline for these returns was April 2, 2024 (bumped from March 30, 2024 because of the weekend"},{"id":1037,"link":"https:\/\/pjcpa.ca\/other-taxes\/b-c-speculation-and-vacancy-tax-growing\/","name":"b-c-speculation-and-vacancy-tax-growing","thumbnail":{"url":false,"alt":false},"title":"B.C. Speculation and Vacancy Tax growing","author":{"name":"Paul Johnson, CPA, CA","link":"https:\/\/pjcpa.ca\/author\/pjsiteadmin\/"},"date":"Nov 22, 2023","dateGMT":"2023-11-22 23:11:11","modifiedDate":"2023-12-22 19:17:18","modifiedDateGMT":"2023-12-23 03:17:18","commentCount":"0","commentStatus":"closed","categories":{"coma":"<a href=\"https:\/\/pjcpa.ca\/category\/other-taxes\/\" rel=\"category tag\">Other Taxes<\/a>","space":"<a href=\"https:\/\/pjcpa.ca\/category\/other-taxes\/\" rel=\"category tag\">Other Taxes<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/pjcpa.ca\/tag\/provincial\/' rel='post_tag'>Provincial<\/a>"},"readTime":{"min":0,"sec":39},"status":"publish","content":"Coming soon to a community near you... The government of B.C. announced today that the province's Speculation and Vacancy Tax will apply to 13 more communities effective January 1, 2024. Those communities are:- Courtenay, Comox, Cumberland;- Parksville, Qualicum Beach;- Vernon, Coldstream;- Penticton, Summerland;- Lake Country, Peachland;- Salmon Arm; and- Kamloops.As a result, beginning in 2025,"},{"id":1034,"link":"https:\/\/pjcpa.ca\/income-tax\/cra-trust-reporting-rules\/","name":"cra-trust-reporting-rules","thumbnail":{"url":false,"alt":false},"title":"CRA Trust reporting rules","author":{"name":"Paul Johnson, CPA, CA","link":"https:\/\/pjcpa.ca\/author\/pjsiteadmin\/"},"date":"Nov 11, 2023","dateGMT":"2023-11-11 16:00:47","modifiedDate":"2023-12-22 19:22:52","modifiedDateGMT":"2023-12-23 03:22:52","commentCount":"0","commentStatus":"closed","categories":{"coma":"<a href=\"https:\/\/pjcpa.ca\/category\/income-tax\/\" rel=\"category tag\">Income Tax<\/a>, <a href=\"https:\/\/pjcpa.ca\/category\/income-tax\/trust-tax\/\" rel=\"category tag\">Trust Tax<\/a>","space":"<a href=\"https:\/\/pjcpa.ca\/category\/income-tax\/\" rel=\"category tag\">Income Tax<\/a> <a href=\"https:\/\/pjcpa.ca\/category\/income-tax\/trust-tax\/\" rel=\"category tag\">Trust Tax<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/pjcpa.ca\/tag\/charities\/' rel='post_tag'>Charities<\/a><a href='https:\/\/pjcpa.ca\/tag\/federal-canada\/' rel='post_tag'>Federal-Canada<\/a>"},"readTime":{"min":1,"sec":0},"status":"publish","content":"Remember the CRA's new trust reporting rules? In Budget 2018, the Canadian government changed the requirements for filing T3 Trust Income Tax and Information Returns. The rationale was: \"Authorities require sufficient information in order to determine taxpayers' tax liabilities and to effectively counter aggressive tax avoidance as well as tax evasion, money laundering and other"},{"id":1030,"link":"https:\/\/pjcpa.ca\/financing\/ceba-repayment-deadline\/","name":"ceba-repayment-deadline","thumbnail":{"url":false,"alt":false},"title":"CEBA repayment deadline","author":{"name":"Paul Johnson, CPA, CA","link":"https:\/\/pjcpa.ca\/author\/pjsiteadmin\/"},"date":"Sep 15, 2023","dateGMT":"2023-09-16 06:02:57","modifiedDate":"2023-12-22 19:24:24","modifiedDateGMT":"2023-12-23 03:24:24","commentCount":"0","commentStatus":"closed","categories":{"coma":"<a href=\"https:\/\/pjcpa.ca\/category\/financing\/\" rel=\"category tag\">Financing<\/a>","space":"<a href=\"https:\/\/pjcpa.ca\/category\/financing\/\" rel=\"category tag\">Financing<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/pjcpa.ca\/tag\/federal-canada\/' rel='post_tag'>Federal-Canada<\/a>"},"readTime":{"min":0,"sec":21},"status":"publish","content":"It is only a few extra days, but yesterday the government of Canada announced that the repayment deadline for Canada Emergency Business Account (\u201cCEBA\u201d) loans to qualify for partial loan forgiveness is being extended from December 31, 2023, to January 18, 2024. Note that refinancing of the non-forgivable portion may qualify as repayment for purposes"}]