BCSUN & Associates Inc.
708 - 6081 No. 3 Rd V6Y 2B2 Richmond, BC, Canada

https://youtu.be/q_bTfnO60ow Sunny Sun, cpa, cga presents a 10 minutes video for TCCBC to discuss government new subsidy CEWS wages subsidy and CERS Rent subsidy on Nov. 14, 2020.

The new version of Canada Federal Covid-19 Subsidy from Oct. 2020 for Wages (CEWS) and Commerical rent (CERS) is ready to apply now. If your business revenue has dropped due to COVID-19, please read these easy to understand slides that were prepared by us, then you can apply these subsidies either through CRA or Canada.ca 's portal. Sunny Sun, CPA, CGA, www.BCSUN.ca, #708-6081 No.3 Road, Richmond, BC, Canada. TEL: 604-270.4610. https://www.canada.ca//services/subsidy/emergency-wage-sub

For business owners or landlords, Please note Oct. 30, 2020 is the final deadline to apply extended CECRA Rent subsidy to include July to Sep. 2020. For those you already applied April to June rent subsidy, and not receiving subsidy yet, you have better to log in to see your case processing status. Some people applied then their case be "cancelled" by the system just due to Government sent out a confirmation Email to landlords, and often it went to junk mails. So, the la...ndlord never replied and failed. You must make sure your case status is "Pending" or pre-approved" and make sure the landlords must submit on line two photo ID and one company bank void check. to validate your application. Once your April to June be approved, you can just click "extended" button to get July to Sep. covered too. After due date Oct 30, if you don't check, then you will permanently lose the right to apply the old CECRA. After Sep. 27, 2020, the new plan CERS will replace CECRA and cover extended to both rent and mortgage. Application will be submitted by Business owner , NOT landlord. Sunny Sun, CPA, CGA, www.bcsun.ca. TEL: 604-2704610.

As the Covid-19 seems still not under control, the Federal Government had announced new subsidy plans as most old plans end Sep. 2020. We summarize major subsidy plans change as attached four tables. Keep safe and keep running. Sunny Sun, CPA, CGA, MA () www.bcsun.ca TEL: 604-270.4610 Oct.2020

Dear all: Nov. 16 Monday 6:15 pm on FM 96.1, I will again join host Carmen Shao to talk about as a condo or townhouse owner, why, and how you should care more about your property Strata Corporation. What are the current hot issues, and how you should know better about your Strata financial statements, maintenance, or insurance issues that actually have significant impacts on your unit's value. Welcome to listen. Meet you on air. Sunny Sun, CPA, CGA/ BCSUN & Associates Inc. Richmond, BC, Canada, www.BCSUN.ca. Tel+1-604-2704610

https://betakit.com/canada-emergency-wage-subsidy-extended/

https://betakit.com/new-federal-covid-19-rent-relief-subsi/

111410:30TCCBC 1. 2.... 3. 4. Facebook LIVE TCCBC ******************************************** On Saturday November 14th at 10:30am, TCCBC will be holding a Covid-19 Business Market Update. We have our fellow members sharing their knowledge about the following: 1.) What government subsidies options do you have during pandemic? 2.) How do you protect yourself as an employer during a pandemic? 3.) How does a pandemic affect home sales? 4.) How does a pandemic affect mortgage rates? This will be a Facebook LIVE event. To join, it is as very simple, please follow our TCCBC Page and you will be notified once we are live. We are hoping to help provide some insight with informative information to help you better navigate during this Pandemic. #tccbc #taiwanchamberofcommerceinbc # #tccbcfamily #29thTerm #joinus #vancouver #canadians #taiwan #taiwanesecommunity #monthly #BusinessMarketUpdate #Accounting #Law #RealEstate #Lending

Dear all: Nov. 9, 2020, Monday, I will be on air soon at 6:10 PM to 7 pm on Radio FM96.1 to discuss recent federal government revised business wages subsidy and commercial rent or mortgage subsidy plans. welcome to listen. Sunny Sun, CPA, CGA

https://www.canada.ca//serv/benefits/recovery-benefit.html

https://mp.weixin.qq.com/s/SrNXaIGEOR--oPcjJue8MA

New version of business wages subsidy

CERB will end at end of Sep. 2020. However, the federal government had announced some new plans to continue helping people still in need of help. Please take a look. https://mp.weixin.qq.com/s/6qGtNLcttW4dOkhKbvmopQ

2020 Basic taxes for Canada BC Divorce & Separation taxes

The Federal government seems slow in replying or paying landlords for the Canada Emergency Commercial Rent Assistance (CECRA). We have clients already applied on-line for more than two months, but still no news at all. For those applying CECRA, has to be patient. CECRA now is extended into Sep. 2020. Sunny Sun, CPA, CGA

https://www.canada.ca//government-provides-update-on-suppo

Welcome to watch Sunny Sun, CPA, CGA's recent TV tax talk with a family-law lawyer. This week's topic is about divorce-related taxes. www.BCSUN.ca https://www.talentvisiontv.com/ch/programarchive_detail.php

Today July 31, Finance Minister Bill Morneau announced that the Canada Emergency Commercial Rent Assistance (CECRA) will be extended by one month to Aug 2020 to help eligible small businesses pay rent. If your tenant's business revenue has dropped more than 70% due to Covid-19, Landlord can help by signing a commercial rent reduced agreement, and once approved, The government will subsidy 50% of the rent, tenant only need to pay 25%.

As all business is slowly recovering, just a friendly reminder that tenants and landlords of commercial property can jointly apply for government COVID 19 commercial rent subsidy to cover from April to July 2020 known as CECRA. The application due date is Aug. 31, 2020. If you need help, BCSUN might be able to assist. Sunny Sun, CPA, CGA, www.BCSUN.CA #708-6081 No.3 Road, Richmond, BC, V6Y 2B2 CALL: 604-2704610

Extended filing and payment deadlines to Sep. 30 ! The CRA is further extending the payment due date for 2019 individual tax returns and 2019 or 2020 corporation, or trust returns, as well as for instalment payments, from September 1, 2020, to September 30, 2020. The previously-extended filing due dates for individual, corporation, and trust income tax returns remain unchanged. The CRA encourages everyone to file their income tax returns as soon as possible, even though payme...nt deadlines are being extended. However, recognizing the difficult circumstances faced by Canadians, the CRA will not charge late-filing penalties where a 2019 individual return or a 2019 or 2020 corporation, or trust return is filed late as long as it is filed by September 30, 2020. The extensions to the filing due date for income tax returns detailed below also apply to forms T106 and T1135, and any elections, forms, and schedules that must be filed with the return. The CRA will also waive arrears interest on existing tax debts related to individual, corporation, and trust income tax returns from April 1, 2020, to September 30, 2020, and from April 1, 2020, to June 30, 2020, for Goods and Services Tax/Harmonized Sales Tax (GST/HST) returns. While this measure for existing tax debts does not cancel penalties and interest already assessed on a taxpayer’s account prior to this period, it will ensure that a taxpayer’s existing tax debt will not grow through interest charges during this difficult time.