Here's what small businesses need to know about the government's COVID-19 hardship measures

Jamie Golombek: Here’s how the program works, how to get the subsidy and more Here’s what small businesses need to know about the government’s COVID-19 hardship measures Jamie Golombek March 27, 20209:23 AM EDT Last UpdatedMarch 27, 20205:05 PM EDTFiled under Many small businesses, along with non-profits and charities, in Canada may be particularly hard-hit…

Additional Support for Canadian Businesses from the Economic Impact of COVID-19

From: Department of Finance Canada Backgrounder The Government of Canada is making additional investments to support Canadian businesses from the economic impacts of COVID-19. These new investments provide support to financial institutions and allow them to quickly provide credit and liquidity options for a range of businesses. These measures are a part of the Government of…

Tax filing and payment deadlines

As of the writing of this post, these are the current tax filing and payment deadlines: T1 personal tax returns – to be filed by June 1, 2020 except for the self employed, who have until June 15, 2020. Taxes to be paid by September 1, 2020. T2 corporate tax returns – those due after…

Government introduces Canada Emergency Response Benefit to help workers and businesses

From: Department of Finance Canada News release March 25, 2020 – Ottawa, Ontario – Department of Finance Canada The Government of Canada is taking strong, immediate and effective action to protect Canadians and the economy from the impacts of the global COVID-19 pandemic. No Canadian should have to choose between protecting their health, putting food on the…

Filing dates, electronic sigs, tax payment deferrals

Flexibility for TaxpayersIn order to provide greater flexibility to Canadians who may be experiencing hardships during the COVID-19 outbreak, the Canada Revenue Agency will defer the filing due date for the 2019 tax returns of individuals, including certain trusts. For individuals (other than trusts), the return filing due date will be deferred until June 1,…

I am moving and joining Holtzman Hunter-Moffatt LLP, Chartered Professional Accountants

I am pleased to announce that I will be joining the firm of Holtzman Hunter-Moffatt LLP, Chartered Professional Accountants, effective February 1, 2020, at Suite 102, 150 Chippewa Road.  https://www.holtzmanllp.com/contact_us.html Most importantly, I want to assure you that you will continue to receive reliable and timely accounting services in the years ahead.  I am not…