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Tax return checklists readily available online can serve as a guide to prompt individuals to think about the various items that may affect their taxes
This article appears in the June 2021 issue of Advisor’s Edge Government support programs have helped businesses stay afloat during the Covid-19 pandemic, but for some, survival has also depended on their ability to beg, borrow or steal. Canadian businesses have taken on extra bank loans and turned to family and friends, credit cards and mortgages to secure more cash, the Canadian Federation of Independent Business (CFIB) said in a February report. Some were forced to take from their “future selves” by drawing on retirement savings. Elke Rubach, principal at Rubach Wealth in Toronto, On...