Irvin Accounting and Tax Services GTA
2970 Drew Rd, Unit 108 L4T0A6 Mississauga, ON, Canada

Professional and Timely Service Walk-in By Appointment Drop-off Pick up Remotely Online... Whichever works for you. Call now 519-578-5781

Get 10% off of annual fees or 1 month free. Bookkeeping services Periodically monthly, quarterly and annually Professional and accurate ... Timely sercice Client services all year around Payroll included HST and other filings included Corporate tax returns preparation Call today Mississauga 647-692-7013 Kitchener 519-578-5781 See more

Tax time is around the corner. Are you behind in filing? Catch up and clear accounting backlog. Let us help. Call ... Mississauga 647-692-7013 Kitchener 519-578-5781 See more

We wish you all a healthy, safe and happy holiday season and hope that 2021 brings you all the success you deserve.

Millions of Canadians working from home could qualify for new tax deduction https://www.cbc.ca//poli/cra-tax-deduction-covid-1.5842048

Virtual and Remote Bookkeeping Services Professional Precise Excellent Customer Service... Timely Services See more

On the 11th Hour Of the 11th Day We will Remember.

Today, the application portal for the Canada Emergency Rent Subsidy (CERS) opened. The CERS program provides direct rent and mortgage interest support to eligible tenants and property owners until June 2021. This support is available to businesses, non-profits, and charities that have been impacted by COVID-19. Applications are now being accepted for claim period #1, which is September 27, 2020 to October 24, 2020. The amount of the subsidy will be on a sliding scale, depending on the revenue drop the organization has experienced. More information about the Canada Emergency Rent Subsidy, including eligible businesses, eligible expenses, and information on how to apply, can be found here. https://www.canada.ca//services/subsidy/emergency-rent-sub

https://www.ontario.ca/p/businesses-get-help-covid-19-costs

New T4 reporting requirements For the 2020 tax year, the Canada Revenue Agency (CRA) will be introducing additional reporting for the T4 slip, Statement of Remuneration Paid. Additional reporting requirements will apply to all employers, and will help the CRA validate payments under the Canada Emergency Wage Subsidy (CEWS), the Canada Emergency Response Benefit (CERB), and the Canada Emergency Student Benefit (CESB).... Please note that employers who have already filed their T4 slips and summary for 2020 will not need to refile. How to report employment income during COVID-19 pay periods For the tax year 2020, in addition to reporting employment income in Box 14 or Code 71, use new other information codes when reporting employment income and retroactive payments in the following periods: Code 57: Employment income March 15 to May 9 Code 58: Employment income May 10 to July 4 Code 59: Employment income July 5 to August 29 Code 60: Employment income August 30 to September 26 Eligibility criteria for the CERB, CEWS, and CESB is based on employment income for a defined period. The new requirement means employers should report income and any retroactive payments made during these periods. Example If you are reporting employment income for the period of April 25 to May 8, payable on May 14, use code 58.