Jacoby & Games CPA Client Information for 2024

Personal Tax Deadlines March 14, 2025 for personal tax documents to our office (including sole proprietors) April 10, 2025 for those with investments. For information about what to send us please see the personal tax checklist. How to Get Your Documents to Us Electronically via the Client Portal Drop off your documents at our office. Please note that you MUST pick them up. Please send ONE package and include a note telling us how you…

Post published:February 11, 2025
Post category:Business – Taxes Charities Contractor Corporate Taxes Educational Taxes Individual – Taxes Personal Taxes Retirement Special Interest Tax Planning

CPP Enhancements: Higher Contributions and Higher Benefits

In 2019, the government commenced a two-part enhancement to the Canada Pension Plan (CPP), with full implementation to be completed in 2025. Phase 1 occurred from 2019-2023; phase 2 will occur from 2024-2025. Overall, the changes will require larger contributions but also will provide larger benefits. Pre-CPP enhancement CPP contributions for employees and employers under the pre-enhancement CPP model (referred to as base contributions) were calculated as 4.95% of the employee’s pensionable earnings to a…

Post published:August 16, 2023
Post category:Individual – Taxes Personal Taxes Retirement

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