Monica Martinez is a specialist in U.S. and Cross-Border Tax & Advisory Services – a fast growing, increasingly complex area of taxation impacting thousands of Canadian businesses and individuals for myriad reasons. The level of cross-border activity has grown exponentially in recent years, said GGFL Managing Partner Josh Engel, and the related domestic and foreign […]
It’s over. At long last we have put 2020 behind us, the lockdown will hopefully end soon, and we can start to look to the future with some optimism. Thanks to the vaccines, there are brighter days ahead for our economy and community. But we are not out of the woods, and the road ahead […]
Gathering all the tax return information to send to your accountant and/or CRA can be unnecessarily time consuming and involve way too much paper. GGFL Associate Partner Jean McDonell offers these tips to make the annual chore a little less . . . well, taxing. Ask your dental professional, pharmacist or other relevant health professional […]
GGFL is delighted to announce that Margot Sunter will be the firm’s first Chief Innovation Officer. Margot, who has been with GGFL for seven years, is currently Chief Operating Officer, a role she will keep along with her expanding duties. As Chief Innovation Officer, she will focus on strategic planning and, among other aspects of […]
This occasional series features GGFL employees who dedicate their own time to volunteering. Here we meet Manager of Assurance, Christian Gaudet, a former professional hockey player. To appreciate Christian Gaudet’s dedication to hockey, and young hockey players, it helps to know a little about Christian himself. Here’s the short version: Former captain of the Moncton […]
It’s a winter without so many of our usual escapes and activities. But this is Ottawa, and in Ottawa, this year more than ever, we skate! As we celebrate our 75th anniversary in the local business community, we are delighted to support a favourite Ottawa tradition as a ‘Friend of the Rideau Canal Skateway’. This […]
We’ve updated our Tax Facts for Ontario Residents document to include the new 2019 rates, as well as the 2018 rates.
GGFL’s “go-to” Tax Facts sheet is a quick reference guide on Ontario tax rates, including corporate income, RRSP limits, prescribed interest rates, automobile amounts, personal tax brackets for salary and dividends, TFSA, CPP and EI limits, pension splitting with spouses, Workplace Safety & Insurance Board (WSIB), and clawback of Old Age Security.
By Monica Martinez, CPA, CA, CPA (Illinois) Joe Biden has been inaugurated as President of the United States. Now that the new administration is finally in place and the chaos of the campaign and election results are (mostly) a thing of the past, we can start to focus on what tax policy changes President Biden […]
The province of Ontario has opened applications for its new relief funding program for businesses. The Ontario Small Business Support Grant starting at $10,000 to a maximum of $20,000 is open to businesses that are required to close or significantly restrict their services due to the province-wide shutdown effective December 26, 2020. Funds from the […]
The application deadline to apply for the CEBA loan was extended to March 31, 2021. We understand that some banks will be opening applications for the additional CEBA loan of $20,000 on December 4th, 2020. CEBA details for new and existing applications are as follows: Existing CEBA clients: Another $20,000 available (in addition to the original […]