We would like to provide you with an update on the work-from-home tax saving options available for the 2020 tax year. Those who worked from home in 2020 will have to decide whether to use the $2 a day flat-rate or detailed method. At tax time, you can use our employment expenses checklist which will… Read More
The You First Blog
On behalf of the entire You First team, we wish you a happy holiday season and a prosperous New Year. May this time of year bring you health, relaxation, and beautiful moments with your loved ones. We all had to adapt to a new reality this year. We came together to face these difficult times… Read More
Please note that our office will be closed on Monday, October 12, 2020, for Thanksgiving Day. We will resume regular business hours on Tuesday, October 13. Happy Thanksgiving to all of you! Applications for the Canada Recovery Benefit open on Monday The Canada.ca website has now been updated with all application details for the Canada… Read More
Many of our investment partners release economic and market commentary, and the purpose of this article is to summarize the key opportunities and risks these companies are seeing as we near the final quarter of 2020. The first quarter of 2020 was a period of unprecedented volatility as COVID-19 took hold and lockdowns caused global… Read More
We hope you all had a safe and pleasant summer. The most common question I have received this year, one that I have asked myself many times, is “how can markets be up amidst the pandemic and economic backdrop?”. On May 29th, we wrote a blog titled “Markets vs. Economy, why markets are only 10-15%… Read More
Federal Aid Programs CERB: Self-employed workers who make up to $1,000 a month are now eligible to apply for the CERB. https://www.canada.ca/en/services/benefits/ei/cerb-application/questions.html Canada Emergency Business Account (CEBA): The CEBA has been expanded to businesses that paid between $20,000 and $1.5 million in total payroll in 2019. This new range will replace the previous one… Read More