Sep 2, 2020 | Personal Tax and Finance
2020 has been a difficult year for most of us. The closure of international borders and social distancing to curb the spread of COVID-19 has had a devastating effect on the world’s economies. Many Canadians have lost their jobs or have seen their businesses contract...
Aug 25, 2020 | Personal Tax and Finance
How often do you leave a meeting with your accountant feeling more confused than before you started? This reminds me of the joke What is the definition of “accountant”? Someone who solves a problem you didn’t know you had in a way you don’t understand. In all...
Aug 20, 2020 | First Nations, Personal Tax and Finance
Indigenous Community Business Fund The Canadian Government has announced some good news for First Nation, Inuit and Metis communities and collectives about access funding for their community-owned businesses affected by COVID-19. About the program The Indigenous...
Aug 18, 2020 | Personal Tax and Finance
Transparency Register Starting October 1, 2020 all B.C. private corporations should have a transparency register. The register should be kept at the company’s records office for inspection, which is normally your lawyer’s office, but not all corporations have a lawyer...
Aug 13, 2020 | Personal Tax and Finance
In case you missed it, the Federal government has announced significant changes to its Canada Emergency Wage Subsidy (CEWS). The changes were so significant that many refer to the latest version of the program as CEWS 2.0. The good news for employers is that many more...
Aug 7, 2020 | Personal Tax and Finance
As bookkeeping goes more into the cloud, we have found that one of the most reliable and popular software is QuickBooks Online (“QBO”) which many of our clients use. Working with the program has highlighted for us a few common issues for which we have noted solutions...
