Organized Kindness Initiative
Last week, our team got together and spent a couple of mornings volunteering at the Blueberry Hills Community Garden weeding and planting. 100% of the vegetables, fruits and herbs that they grow are donated to Home Suite Hope’s families and Kerr Street Ministries....
Show Oakville your Love
Introducing our Show Oakville your Love Campaign Join us in supporting some of the fantastic Oakville businesses impacted by Covid and the ongoing construction on Lakeshore. Over the next few weeks, we will feature different local businesses in the hopes that we can...
We have new team mates to introduce!
Please join us in welcoming our newest team members: Yusra Aghazai and Tatiana Canett. Yusra joins us as an executive assistant to Joseph Sardella in the US Tax Services Group. Tatiana joins us as a bookkeeper in our outsourced financial group.
Details announced for latest CEWS extension
Finance Minister Bill Morneau confirmed that the federal government will extend the Canada Emergency Wage Subsidy (CEWS) to December 19, 2020. He also announced details on how the program will be revised. How do the new rules work? The new rules have two different...
Extended 75% Wage Subsidy — 30% Revenue Decline for June
Employers that experience a 30% decline in revenue in June 2020 will be eligible for the 75% Canada Emergency Wage Subsidy during the related claim period. Following the government’s announcement that the subsidy would be extended to August 29, 2020, the CRA has now...
Support for Canadians with disabilities to address challenges from COVID-19
The federal government has announced support to help Canadians with disabilities deal with extra expenses during the COVID-19 pandemic. This support includes a special one-time, tax-free payment to individuals who are certificate holders of the Disability Tax Credit...
Making lemonade out of lemons
The COVID-19 pandemic has wreaked havoc on the global economy. Asset values have dropped precipitously in recent weeks. This temporary reduction in your overall wealth may present an opportune time to incorporate strategies to reduce taxes as part of your wealth...
Information on Canada Emergency Rent Assistance (CECRA)
Federal Government announces Canada Emergency Commercial Rent Assistance (CECRA) for small businesses Who Qualifies: Businesses paying less than $50,000 per month in rent and who have temporarily ceased operations. Businesses who have experienced at least a 70% drop...
A Summary of Tax and Economic relief measures recently announced.
Summary of Federal Tax Related Measures A Temporary Wage Subsidy program has been made available for eligible employers (small CCPCs, NPOs, registered charities, unincorporated employers and certain partnerships ) that permits employers to reduce income tax...
CARES Act Alert
Yesterday, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act stimulus package to provide emergency relief for those suffering financial hardships. This package is the third in a series of economic measures in response to...