Blog | Skupchenko, CPA, Professional Corporation

Canada Emergency Rent Subsidy (CERS)

Businesses who have experienced a drop in sales due to the COVID-19 may apply for a subsidy to cover part of their rent expenses. Periods...

CEBA program ($40,000 loan) has been extended

As of June 26, 2020, businesses with less than $20,000 in payroll expenses are eligible for CEBA. The program includes owner-operated...

Regional Relief and Recovery Fund: COVID-19

The Government of Canada announced today nearly $1B in support to affected businesses and communities. This initiative is implemented by...

Canada Emergency Commercial Rent Assistance (CECRA)

The federal government announced an agreement in with all provinces and territories to implement the CECRA. This measure will lower rent...

Extended Deadlines for Businesses to File and Pay Taxes

Extended Deadlines for Businesses to File and Pay Taxes The Federal Government’s COVID-19 Economic Response Plan allows businesses to...

Canada Emergency Wage Subsidy (CEWS)

As a Canadian employer whose business has been affected by COVID-19, you may be eligible for a subsidy of 75% of employee wages for up to...

How to make a tax payment to the CRA

A question that we often get asked by our business clients in the Collingwood Area is how to make a corporate tax payment to the CRA. The...

Deduction of Automobile Expenses

What is the best way to deduct car expenses? Our accounting firm often get asked tax questions from our clients located in Vaughan and...