by adminaccountantcpa | Feb 17, 2021 | Covid-19
Today we’ll take a look at how the various Covid-19 support programs, provided to both individuals and businesses, will affect their tax returns. 1. Support Programs for Individuals Several programs were started to support individuals and their families during the...
by adminaccountantcpa | Jan 21, 2021 | Covid-19 Benefits
The Ontario Small Business Support Grant is additional support for small businesses in the province who had to close or restrict their operations because of the Covid-19 pandemic. It was first announced in December 2020 and offers funding of $10,000 to $20,000 to...
by adminaccountantcpa | Jan 14, 2021 | Covid-19 Benefits
As we’ve stated in our previous blogs and newsletters, the Canada Emergency Business Account (CEBA) is an interest-free, partially forgivable loan program started to help businesses as a response to the Covid-19 pandemic. As of December 2020, the program provided...
by adminaccountantcpa | Dec 1, 2020 | Covid-19 Benefits
The Canada Emergency Rent Subsidy (CERS) program is now open for application and provides direct relief to non-profits, businesses and charities that are finding it difficult to continue operations because of the Covid-19 pandemic. How To Apply You can apply for the...
by adminaccountantcpa | Oct 27, 2020 | Covid-19 Benefits
On October 9, 2020, new subsidies were announced for small and mid-sized businesses. These subsidies include the new Canada Emergency Rent Subsidy (CERS), expansion of the Canada Emergency Business Account (CEBA) and extension of the Canada Emergency Wage Subsidy...
