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Government of Canada announce the Canada Emergency Response Benefit (CERB) and other benefits you should know about.

Government of Canada announce the Canada Emergency Response Benefit (CERB) and other benefits you should know about.

As part of our commitment to keep you informed, RHN CPA continues to follow the government’s announcements of measures designed to ease the economic impacts of COVID-19. A major development is that the federal government’s $82-billion emergency coronavirus support package was officially passed on March 25, 2020. This fast-tracked legislation received royal assent from Governor General Julie Payette.

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Financial Hardship Due to COVID-19

Financial Hardship Due to COVID-19

In recent weeks we have all observed the growing effects of the coronavirus (COVID-19) on our economy. We have witnessed the cancellation of public events, travel restrictions, fewer people going to restaurants and a decline in discretionary spending by consumers. All of this has heightened the level of anxiety for many, especially those in small business. Many are wondering about government initiatives available, particularly to small businesses whose cash-flow has been impacted by the COVID-19 pandemic.

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RHN is open and here to help

RHN is open and here to help

As the risk of the Coronavirus (COVID-19) has been moved from low-risk to serious by Canada’s public health officer, RHN’s priority continues to be protecting the health of all Firm members and clients and ensuring we can continue to support our clients’ needs.

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When to file a T1044 Non-Profit Organization (NPO) Information Return

When to file a T1044 Non-Profit Organization (NPO) Information Return

The continuation of filing the T1044 return is crucial, however, in our experience, it may be missed by those who are charged with governance. Change of management, year-end financial statements being prepared late, change of bookkeeper, or operating below the required threshold but filed in the past due to major renovations taking place, are some of the reasons we’ve seen when T1044 filings have been missed.

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