The Canada Emergency Wage Subsidy or “CEWS” program will be effective for 12 weeks, between March 15, 2020, to June 6, 2020. CEWS Amount The CEWS will subsidize 75% of the first $58,700 of regular salary per employee. The CEWS amounts to a maximum of $847 per week per...
The Federal government has provided additional information regarding the promised 75% wage subsidy, designed to help businesses during the COVID-19 pandemic. It will be back-dated to March 15, 2020. Available to businesses that show a 30% revenue decrease due to...
The personal income tax filing deadline is deferred until June 1, 2020, and the payment of any income tax (on amounts owing beginning today), will be deferred until after August 31, 2020, without interest or penalties. Individuals expecting to receive benefits under...
With the new Liberal Government aid plan, it’s possible to apply for EI assistance. Please keep in mind that the website is currently overwhelmed with applications, so it may be a slow and frustrating procedure. Workers who can’t apply because they are sick or...
First of all-staying safe and healthy is priority one for everyone. As a result, we have instituted a few changes in how we normally operate through this tax season. If at all possible we prefer to work by phone or email. If you are dropping of your taxes or other...
Thinking of donating to a charity this holiday season? Only qualified donees, including Canadian registered charities can issue official donation receipts for gifts they receive from individuals and corporations. Following the modernization of the CRA charities’ IT...
