Do you validate your suppliers’ tax numbers?

You should! Sales tax laws are often stricter than income tax laws. For example, for the same expense, for tax purposes, it may be sufficient to justify that the expense was incurred for business purposes for it to be deductible. However, for consumption tax purposes, there is a whole series of criteria that must be […]

Employment up and unemployment rate stable in March 2021

In March 2021, employment was up in Québec (+25,900; +0.6% from the previous month). The unemployment rate remained stable at 6.4%. These are the main findings from Statistics Canada’s Labour Force Survey results released today. Employment has increased by 713,200 since May 2020, which represents slightly more than 86% of the 825,900 jobs lost between […]

Corporate income tax return: What to do with the federal support received in 2020?

Federal subsidies to cope with the COVID-19 pandemic must be included in the company’s income tax return Entrepreneurs had access to several federal government programs in 2020 to support them during the COVID-19 pandemic. When filing an income tax return, a company will now have to consider the amounts it received. How to find your […]

Merry Christmas and Happy New Year 2023

The partners and members of Amyot Gélinas wish you a Merry Christmas and a Happy New Year 2023. Please note that our offices will close on Thursday, December 22 at the end of the day and will reopen on Tuesday, January 3, after the holidays. May this time of year bring you health, peace and […]