Category Archives: Tax

Get It Right the First Time

Here is a story I heard today at a PD session. The seminar leader’s nephew was a young lad of 3.  It was hair cut time and up to the dad, brother of our speaker, to take him to the barber as directed by mom.  Dad takes son to the local barber.  The local barber […]

First day of CERB – What to expect

So first, you log in to your CRA account.  Hopefully you have an account. Second, this indicates that you lost income for reasons related to COVID19 but the information we originally got said it was to do with being sick or looking after someone who is sick. Third: But isn’t it nice that they finalize […]

Applying for Relief & Some Dates to Know

For small business in general: Canada Emergency Business Account (CEBA) – call your bank and apply.  They have details. Call the BDC and apply for a loan & With employees: Apply for the wage subsidy by applying through your “My Business account” https://www.canada.ca/en/department-finance/economic-response-plan/wage-subsidy.html If your business hasn’t dropped off, you can still do the 10% […]

Financial relief during the COVID19 pandemic

I sent this to my clients yesterday, but I’ll update it for everyone. It’s important to know this is my understanding only and I will change this post as I find out new information. There is a lot out there and it is hard to sift through it all. Here are the resources I’ve come […]