HomeTown Accounting and Tax Inc.
202-1673 Carling Ave K2A1C4 Ottawa, ON, Canada

The Canada Recovery Benefit (CRB) gives income support to employed and self-employed individuals who are directly affected by COVID-19 and are not entitled to Employment Insurance (EI) benefits. The CRB is administered by the Canada Revenue Agency (CRA). If you are eligible for the CRB, you can receive $1,000 ($900 after taxes withheld) for a 2-week period. Click below to learn more

If you’ve applied for Employment Insurance since March 15, you don’t need to re-apply you will receive the Canada Emergency Response Benefit. If you’re eligible, you will receive $500 per week up to a maximum of 16 weeks. Canada.ca/coronavirus-cerb

Hello business owners. We just thought this might be useful for some. Check it out The Digital Transformation Grant (DTG) program will provide funding for training, advisory support, and contributions to main street small businesses looking increase their capacity through digital transformation.

If you are worried about meeting the June 1 deadline for filing your tax returns, here is some relief

Finally the relief is here. This will help many business owners.

If youve applied for Employment Insurance since March 15, you dont need to re-apply you will receive the Canada Emergency Response Benefit. If youre eligible, you will receive $500 per week up to a maximum of 16 weeks. Canada.ca/coronavirus-cerb

Here is what has been announced so far by the Govt. Procedures are still being designed. Be safe and stay strong.

We are very excited to be nominated again for 2020 Ottawa Awards by The Faces Magazine. This time under 3 categories. Please click the links below and Vote to help us WIN again. You can vote everyday till January 23rd. Your votes will help us shine Favourite Accountant... https://facesmagazine.secondstreetapp.com//galle/200714461 Favourite Accounting Firm https://facesmagazine.secondstreetapp.com//galle/200714611 Favourite Consultant https://facesmagazine.secondstreetapp.com//galle/200714389

If you are a business owner, specifically a sole proprietor, this article is for you. When this group of entrepreneurs come to us in tax season, they have already lost alot of opportunities (including tax planning) that could help them grow their business. One such opportunity is to review the annual performance before the year ends. We can help you plan your year end and set you on the path of growth for next year. Happy reading. ... And remember if you have any questions on this you can always contact us. Let us help you grow your business

Earlier this year we were awarded Ottawas Favourite Accountant. Once again a big THANK YOU to all friends, family and our amazing clients for voting.

Some tips. Some of these may apply to other businesses as well. We are definitly using a few of these.

Happy Canada Day

This is interesting. A word of caution for all entrepreneurs

Great analysis.....some very obvious areas of opportunities. How digitized is your business and how does it compare to your industry

Great tips, you probably know all of these. However, a great reminder

Basics - do you do any of these?

Here is a path, would you follow it?

Some great tips on how to obtain financing for your business

Points to Ponder Tax implications of the new first-time homebuyer incentive

Tax Changes Canadians Need to Know About

This will definitely help you make the decision

A guide to finding the right accountant

Its time.... are you ready?