MSI Global Alliance was formed in 1990 in response to the growing need for cross-border cooperation between independent, professional services firms. MSI has steadily grown to become a top ranked, leading, international association with over 250 independent member firms in more than 100 countries throughout the Americas, Asia-Pacific, Europe, Middle East and Africa regions. MSI member firms are among the most respected, English-speaking, full service professional accounting services firms in their local marketplaces, and share a common desire to provide partner-led, personal, value for money solutions to the cross-border challenges faced by entrepreneurial, small to medium sized businesses.
Membership of MSI enables Hogg, Shain & Scheck to quickly source reliable, local expertise wherever in the world clients are involved in doing business. For further information on MSI Global Alliance, please visit www.msiglobal.org
We're social, let's connect. Sign up for our newsletter.
The bad news: In Canada, you cannot claim your home mortgage principal payments when doing your taxes, if you’re a small business owner and work from home. The good news: there is a lot you can claim. You can deduct a portion (we’ll address how much later) of many home expenses required for running your
Read More
Deadline for CEWS Applications for Periods 1 Through 5 Please note that January 31, 2021 is the deadline for applying for CEWS for the Periods 1 through 5 (March – July 2020). These claim periods will be closed after January 31, 2021. Deadline for CEWS Applications for Period 6 Commencing with Period 6 (August 2020),
Read More
The COVID-19 pandemic has resulted in many employees working from home. As a result, working-from-home tax deductions on their 2020 personal income tax returns has become a hot topic. On December 15, 2020, the CRA released information on a number of employment-related issues, including home office expenses and Form T2200. Highlights of the CRA release on home office
Read More
There are new reporting requirements applicable to the completion of the 2020 T4 slips and summaries. Additional T4 reporting requirements will apply to all employers, and will help the Canada Revenue Agency (CRA) validate payments under the Canada Emergency Wage Subsidy (CEWS), the Canada Emergency Response Benefit (CERB), and the Canada Emergency Student Benefit (CESB).
Read More
