Tax planning for CERB

August 24, 2020

The Canada Emergency Response Benefit could result in taxes owing. “My first piece of advice is people should be aware these are taxable benefits,” said Fred O’Riordan, national tax policy leader at Ernst & Young. “Ultimately, they are going to be responsible for having received them and for declaring them.” Click below to view how much you may owe when filling tax return for 2020.

Source: Advisor