Author:
External Author
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Jan 20, 2021
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Categories:
Accounting Firm
,
Accounting Services
,
Financial Statement Preparation
,
Personal Tax Services
,
QuickBooks Accounting
Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/
Article Written By: Rudy Mezzetta
Original Article Posted on: December 15, 2020
Link to Original Article: https://www.advisor.ca/tax/tax-news/cra-provides-new-rules-for-claiming-home-office-expenses/
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Author:
Colin Phillips, CPA Professional Corporation
|
Jan 14, 2021
(Ontario Government support for individuals can be found at: https://www.ontario.ca/page/covid-19-support-people .)
We want to touch on the three small business measures that we think will apply to most small businesses:
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Author:
External Author
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Jan 13, 2021
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Categories:
Accounting Services
,
Bookkeeping Services
,
Chartered Professional Accountant
,
Small Business Accounting
Original Article Source Credits: Advisor's Edge, https://www.advisor.ca/
Article Written By: Jordan Press, The Canadian Press
Original Article Posted on: December 15, 2020
Link to Original Article: https://www.advisor.ca/tax/tax-news/as-anxieties-grow-over-cerb-notices-qualtrough-says-no-requirement-to-repay-now/
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Author:
External Author
|
Jan 08, 2021
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Categories:
Income Tax Preparation
,
Tax Accountant
,
Tax Planning
,
Tax Services
Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/
Article Written By: Mark Burgess
Original Article Posted on: December 8, 2020
Link to Original Article: https://www.advisor.ca/tax/tax-news/tax-options-for-pandemic-spending/
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Author:
External Author
|
Dec 30, 2020
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Categories:
Corporate Tax Services
,
Income Tax Preparation
,
Personal Tax Services
,
Small Business Accounting
,
Tax Accountant
,
Tax Planning
,
Tax Services
Original Article Source Credits: Narcity , https://www.narcity.com/
Article Written By: Helena Hanson
Original Article Posted on: December 08 2020
Link to Original Article: https://www.narcity.com/en-ca/money/cerb-repayments-the-cra-just-explained-what-you-need-to-do-to-return-the-benefit
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Author:
External Author
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Nov 30, 2020
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Categories:
Accounting Firm
,
Accounting Services
,
Bookkeeping Services
,
Corporate Tax Services
,
Income Tax Preparation
,
Tax Planning
,
Tax Services
The federal government announced the commercial rent subsidy some of you have been asking about. This is welcome news and contains detailed qualify criteria. The application was opened on November 23, 2020. Please follow this link for details on how to apply https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-rent-subsidy.html
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Author:
External Author
|
Nov 25, 2020
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Categories:
Accounting Services
,
QuickBooks Accounting
,
Small Business Accounting
,
Tax Accountant
,
Tax Services
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Ambrose O'Callaghan
Original Article Posted on: November 10, 2020
Link to Original Article: https://www.fool.ca/2020/11/10/warning-3-ways-the-cra-can-take-away-your-crb-payments/
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Author:
External Author
|
Nov 18, 2020
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Categories:
Accounting Services
,
Corporate Tax Services
,
QuickBooks Accounting
,
Tax Accountant
,
Tax Planning
,
Tax Services
Original Article Source Credits: The Globe and Mail Inc , https://www.theglobeandmail.com/
Article Written By: BRENDA BOUW
Original Article Posted on: NOVEMBER 2, 2020
Link to Original Article: https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-with-tax-audits-increasing-how-can-advisors-help/
CLICK HERE TO READ THE FULL ARTICLE »
Author:
External Author
|
Nov 11, 2020
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Categories:
Accounting Firm
,
Accounting Services
,
Chartered Professional Accountant
,
Corporate Tax Services
,
Financial Statement Preparation
,
Income Tax Preparation
,
Personal Tax Services
,
QuickBooks Accounting
,
Small Business Accounting
,
Tax Accountant
,
Tax Planning
,
Tax Services
Original Article Source Credits: Canada , https://www.canada.ca/
Article Written By: NA
Original Article Posted on: 2020-10-19
Link to Original Article: https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html
CLICK HERE TO READ THE FULL ARTICLE »
Author:
External Author
|
Nov 04, 2020
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Categories:
Accounting Services
,
Bookkeeping Services
,
Chartered Professional Accountant
,
Corporate Tax Services
,
Small Business Accounting
,
Tax Accountant
,
Tax Services
Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/
Article Written By: Rudy Mezzetta
Original Article Posted on: October 9, 2020
Link to Original Article: https://www.advisor.ca/tax/tax-news/feds-score-big-with-extra-funding-of-cras-business-compliance-programs/
CLICK HERE TO READ THE FULL ARTICLE »
Author:
External Author
|
Oct 28, 2020
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Categories:
Accounting Firm
,
Accounting Services
,
Bookkeeping Services
,
Income Tax Preparation
,
Personal Tax Services
,
QuickBooks Accounting
,
Small Business Accounting
Original Article Source Credits: Money Sense , https://www.moneysense.ca/
Article Written By: ROMANA KING
Original Article Posted on: JUNE 15, 2020
Link to Original Article: https://www.moneysense.ca/spend/real-estate/vacation-homes/4-strategies-for-passing-on-the-family-cottage/
CLICK HERE TO READ THE FULL ARTICLE »
Author:
External Author
|
Oct 21, 2020
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Categories:
Corporate Tax Services
,
Income Tax Preparation
,
Personal Tax Services
,
Tax Accountant
,
Tax Planning
,
Tax Services
Original Article Source Credits: RetireHappy , https://retirehappy.ca/
Article Written By: Jim Yih
Original Article Posted on: January 13, 2020
Link to Original Article: https://retirehappy.ca/estate-inheritance-tax/
CLICK HERE TO READ THE FULL ARTICLE »
Author:
External Author
|
Oct 07, 2020
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Categories:
Accounting Firm
,
Accounting Services
,
Corporate Tax Services
,
Tax Accountant
Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/
Article Written By: Jordan Press, The Canadian Press
Original Article Posted on: September 18, 2020
Link to Original Article: https://www.advisor.ca/news/industry-news/design-of-post-cerb-benefits-could-change-minister-says/
CLICK HERE TO READ THE FULL ARTICLE »
Author:
External Author
|
Sep 30, 2020
|
Categories:
Accounting Firm
,
Accounting Services
,
Bookkeeping Services
,
Chartered Professional Accountant
,
Corporate Tax Services
,
Financial Statement Preparation
,
Income Tax Preparation
,
Personal Tax Services
,
QuickBooks Accounting
,
Small Business Accounting
,
Tax Accountant
,
Tax Planning
,
Tax Services
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Jason Heath
Original Article Posted on: Apr 21, 2020
Link to Original Article: https://financialpost.com/personal-finance/taxes/death-and-taxes-estate-settlement-can-cost-money-time-and-relationships
CLICK HERE TO READ THE FULL ARTICLE »
Author:
External Author
|
Sep 23, 2020
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Categories:
Accounting Firm
,
Accounting Services
,
Chartered Professional Accountant
,
Corporate Tax Services
,
Financial Statement Preparation
,
Income Tax Preparation
,
Personal Tax Services
,
QuickBooks Accounting
,
Small Business Accounting
,
Tax Accountant
,
Tax Planning
,
Tax Services
CLICK HERE TO READ THE FULL ARTICLE »
Author:
External Author
|
Sep 09, 2020
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Categories:
Accounting Firm
,
Accounting Services
,
Bookkeeping Services
,
Chartered Professional Accountant
,
Corporate Tax Services
,
Financial Statement Preparation
,
Income Tax Preparation
,
Personal Tax Services
,
QuickBooks Accounting
,
Small Business Accounting
,
Tax Accountant
,
Tax Planning
,
Tax Services
Original Article Source Credits: CANADA , https://www.canada.ca/
Article Written By: NA
Original Article Posted on: 2020-02-26
Link to Original Article: https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2020/tax-filing-season.html
CLICK HERE TO READ THE FULL ARTICLE »
Author:
Colin Phillips, CPA Professional Corporation
|
Aug 31, 2020
|
Categories:
Accounting Services
,
Bookkeeping Services
,
Tax Planning
1. How will COVID-19 impact your business in the next six months?
The most significant impact of COVID-19 on our business was the necessity to keep up-to-date with the government’s new program implementations. Keeping up-to-date was especially challenging as the requirements and restrictions, as well as timeframes would routinely change. As one example, initially, the government stated that the CEBA could not be used to pay dividends, but CRA removed this prohibition within a week, and consequently, we had to change the advice we gave to our clients.
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Author:
Colin Phillips, CPA Professional Corporation
|
Jun 17, 2020
When the Canada Emergency Response Benefit (CERB) was introduced, the program provided $500/week to a maximum of 16 weeks, running from April to early July. On Monday, Prime Minister Justin Trudeau announced an extension to the CERB program for another eight weeks. The requirement to re-apply every four weeks will remain to confirm the applicant continues to meet the current criteria.
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Author:
Colin Phillips, CPA Professional Corporation
|
Jun 05, 2020
|
Categories:
Accounting Firm
,
Accounting Services
,
Bookkeeper
,
Bookkeeping Services
,
Chartered Professional Accountant
,
Corporate Tax Services
,
Financial Statement Preparation
,
Income Tax Preparation
,
Personal Tax Services
,
QuickBooks Accounting
,
Small Business Accounting
,
Tax Accountant
,
Tax Planning
,
Tax Services
As accounting and taxation professionals, it is essential for us to keep up to date on the latest taxation, accounting, and financial management trends and find new sources of creative inspiration while staying connected to other professionals.
We use a variety of online and offline sources to keep current on the everchanging taxation rules. These tools allow us to deliver exceptional services to all our clients, ensuring they receive the most up to date information and advice.
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Author:
Colin Phillips, CPA Professional Corporation
|
Apr 23, 2020
Canada Emergency Wage Subsidy (CEWS) Update
CEWS offers employers who qualify, a 75% subsidy of employees wages for up to 12 weeks, retroactive from March 15, 2020, to June 6, 2020.
Applications open for employers applying to CEWS on Monday, April 27, 2020 . The application can be made through CRA’s My Business Account, Represent a Client, or a separate online application form (not yet available).
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