Welcome to another edition of Tax Tips & Traps. Every quarter we offer the latest information to help you plan, invest and save.  We invite you to call our office if there are any points within the publication that you would like to discuss.

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In this edition:

Page 1: TAX TICKLERS
Page 1: CANADA PENSION PLAN: COSTS ARE INCREASING IN 2021
Page 2: CANADA EMERGENCY WAGE SUBSIDY: PUBLIC LISTING OF APPLICANTS
Page 2: CANADA EMERGENCY RENT SUBSIDY: MORE COVID-19 SUPPORT
Page 3: EMPLOYEES WORKING FROM HOME DURING COVID-19: PERSONAL TAX DEDUCTIONS
Page 4: CANADA EMERGENCY BUSINESS ACCOUNT: PROGRAM EXPANDED
Page 5: UNDERGROUND ECONOMY: AREAS OF FOCUS
Page 5: ONLINE ACTIVITY: CRA FOCUS ON VIDEO GAME STREAMERS AND ONLINE INFLUENCERS

This publication is a high-level summary of the most recent tax developments applicable to business owners, investors, and high net worth individuals. Enjoy!