Are you doing your bookkeeping right?
Record-keeping is a critical part of any business, but one that’s often given very little though.
Have you considered it recently?
March 2021 Updates
It’s tax season and we hope you are as excited as we are. Well, perhaps excited isn’t the right word… If you’re a client, you should have received documents from us with a list of the information we need. We’ve done something a little different this year – we have...
Update on CRA programs and the impact on your taxes
There was some good news from the CRA this month for anybody who applied for and received the Canada Emergency Response Benefit (CERB). When is the last time you heard the words ‘good news’ and ‘the CRA’ in the same sentence? The qualifications were unclear when the...
All the new CRA programs – Are you ready to support them?
Now is when accountability for CERB and other pandemic related benefits gets real. Earlier this month, the CRA began mailing out T4A forms to people who had received CERB payments, resulting in a few surprised people who weren’t aware that the CERB is taxable. As...
COVID-19 Updates (as live as we can keep them)
We're endeavouring to provide access to various resources and information that might be helpful to all our clients and others. The information below links to primary sources as we are aware of them. While we are endeavouring to keep this information up to date and...
Updates on CERB (individual program) and CEBA (business loans)
We wanted to provide a quick update on two programs that have expanded in scope, and possible issues you may run into. CERB (Canada Emergency Response Benefit) The CERB was introduced early in 2020 and represented a payment of $2,000 per month to individuals who...