Grant Matossian, CPA, CGA, CFP
20 Amber St # 6 L3R 5P4 Markham, ON, Canada

Always check with your accountant if something seems fishy, these types of things happen more often than you think.

Join me tomorrow for a webinar on what to look forward to in preparation of your 2021 taxes. Including an update on all the Federal and Provincial incentives. This Webinar is hosted by AGBU and it is at no cost. Please RSVP [email protected] to get your login information.

I've been on the phone all day doing what you ask? Telling all my clients to apply for the business Grant from the Ontario government. Make sure you check out if you qualify. https://www.ontario.ca/p/businesses-get-help-covid-19-costs

Are you a Real Estate Agent? Should you open up a PREC? Contact me for a quick consultation, it may be worth your while to know app the benefits of a PREC.

Great News the CEBA loan expansion has started today. To apply start an application with your bank again to receive the additional 20k loan.

If you have a company with 3-9 employees and looking for health and dental benefits, contact me. I have a great provider that will give you an economic option for everyone, either individual or family plans.

This was a very likely situation from the get-go, the Liberals were likely going to extend the CERB beyond the 4 month mark for Canadians that did not go back to work. Seems like it'll happen very soon.

Join me today at 3pm to Navigate through the COVID-19 Emergency Relief Benefits. A webinar held by Canada-Armenia Business Council click on the link at 3pm to join and listen in and ask the much important questions that you have. https://global.gotomeeting.com/join/156210805

From the CRA deadline for all those rushing! You will not be charged late-filing penalties or interest if your 2019 individual (T1) income tax returns are filed and payments are made prior to September 1, 2020. However, we are preserving the June 1 filing deadline for T1 individuals, and the June 15 filing deadline for T1 self-employed individuals (sole-proprietors), in order to encourage filing returns in time to accurately calculate benefits, which rely on 2019 tax returns for entitlement calculation.

Tax filing deadline extended to Sept 1st, 2020. That's not what CRA is telling you but if you file past the June 1, 2020 filing deadline for personal and self employed taxes they will not charge any penalties and interest as long as you file and pay by September 1, 2020.

This just in Prime Minister Trudeau has just announced businesses that have paid employees through Dividends or those that have paid subcontractors in their business will soon qualify for the CEBA and the $40,000 business loan. For that and more information please visit my blog.

It is here today you can now apply for the CESB benefit as a graduating high school student or a current/graduating post-secondary student. It does come with a proviso, you must be looking or have tried to apply for a job in order to qualify.

The Prime Minister announced today that Seniors who receive OAS will be eligible to receive a one time payment of $300, and those that receive guaranteed income supplement to receive anther $200 on top. This should all happen within the next few weeks.