by adminaccountantcpa | Jul 30, 2020 | Covid-19
Here are the tax return due dates for individuals, corporations, partnerships, trusts and estates. Individuals T1 returns are normally due on 1st June (for employed individuals) and on 15th June (for self-employed individuals). However, because of the pandemic, the...
by adminaccountantcpa | Jul 6, 2020 | Covid-19 Benefits
Important Updates The most important update to the Canada Emergency Wage subsidy program is that it’s been extended till August 29, 2020. Originally, the program was available from March 15, 2020 till June 6, 2020. The Canada Revenue Agency (CRA) will introduce a...
by adminaccountantcpa | Jul 2, 2020 | Covid-19 Benefits
The Canada Emergency Business Account (CEBA) offers partially forgivable, interest-free loans to small businesses that have experienced a decrease in revenue due to the Covid-19 pandemic. The amount of the loan is up to $40,000 and is provided to businesses to cover...