Muia Consulting
Unit 3 - 399 Applewood Crescent L4K4J3 Vaughan, ON, Canada

CRB - Period 17 is Open! Eligible if you were not employed (with $5000 in 2019, 2020 or in the 12 months before the date you apply) or you had a 50% reduction in your average weekly income. Also, if you did not apply or receive any other Covid-19 benefit. #accounting #accountingservices #accountantlife #accountingtips #bookkeeping #businessowners #businessservices #crb #italianiatoronto #peel #readyforyou #selfemployedlife #woodbridge #york #supportselfemployed #accountingfirm #accountingandfinance #business #Muiaconsulting #theitalianaccountant #toronto #vaughan #supportsmallbusiness #canada #benefits #unemployed

Action! The 2021 Federal Budget program is temporarily extending the timeline of the CPTC by 12 months!!! These measures would be for those expenses incurred in their taxation years ending in 2020 or 2021. This program provides a fully refundable tax credit, available at a rate of 25 per cent of the qualified labour expenditure. #accounting #accountingservices #accountantlife #accountingtips #bookkeeping #businessowners #italianiatoronto #peel #readyforyou #selfemployedlife #woodbridge #york #movieproduction #filmproduction #entertainment #production #independentmovie #indie #accountingfirm #media #accountingandfinance #business #Muiaconsulting #theitalianaccountant #toronto #vaughan #supportsmallbusiness #canada

Tourism or travel business that were not eligible for the Ontario Small Business Grant can now apply for this new one-time payment grant, starting at $10,000 to a maximum of $20,000. Schedule an appointment with us to learn more about the requirements and deadlines, We will take care of your application. #accounting #accountingservices #accountantlife #accountingtips #bookkeeping #businessowners #businessservices #digitalsales #italianiatoronto #peel #readyforyou #selfemployedlife #woodbridge #york #supportselfemployed #accountingfirm #accountingandfinance #business #Muiaconsulting #theitalianaccountant #toronto #vaughan #supportsmallbusiness #canada

Covid-19 has changed our way of doing things and especially WHERE we do it! With the 2021 Federal Budget you’ll get up to $40,000 on interest-free loans to homeowners and landlords who undertake retrofits identified through an authorized EnerGuide energy assessment. The Home Renovation Loans program would be available by summer 2021. Contact us to know more about the requirements. We are ready for you!... #toronto #Vaughan #Muiaconsulting #italianiatoronto #accountingtips #digitalsales #onlinebusiness #business #bookkeeping #accountantlife #businessservices #accountingfirm #accountingtips #accountingandfinance #selfemployedlife #selfemployed #selfemployedtaxes #accountingservices #businessowners #Canada #Woodbridge #York #Peel #readyforyou #theitalianaccountant

Covid-19 has changed many scenarios and it does not appear that the situation is likely to improve in the short term. Here the ranking of the 10 risk of the the political and economic challenges facing Canadian businesses, including the impact of COVID-19, global protectionism, U.S. isolationism and sweeping social unrest. #business #internationalbusiness #covid19 #canada #economic #theitalianaccountant #onlinebusiness #selfemployed #accountingandfinance #muiaconsulting #vaughan #toronto #accountinglife #businesslife #usa #global

EXTENSION! The CEWS and the CERS goes until September 2021. The CEWS program covers Canadian businesses, non-profit organizations, or charities who had a drop in revenue due to COVID-19 pandemic. Whereas CERS covers eligible expenses for qualifying property. Contact us, we can help you with the application! To know more about deadlines and if you are eligible check out our stories.... #CERS #CEWS #toronto #Vaughan #Muiaconsulting #italianiatoronto #accountingtips #digitalsales #onlinebusiness #business #bookkeeping #accountantlife #businessservices #accountingfirm #accountingtips #accountingandfinance #selfemployedlife #selfemployed #selfemployedtaxes #supportselfemployed #selfemployedbenefits #businessowners #Canada #Woodbridge #York #Peel #readyforyou #theitalianaccountant #smallbusinessrent #supportsmallbusiness

Get Ready for the Change! From July 1, 2021 the new GST/HST rules for e-commerce transactions will be on! Foreign companies selling cross-border digital products and services, goods supplied through Canadian fulfillment warehouses and short-term accommodation sellers may be impacted by the Government of Canada's proposed GST/HST rules. Check out our blog for the proposed changes and how it will help support Canadian companies and level the playing field. Check it out here in ...the link #businessdeductions #GSTHST #digitalbusiness #toronto #Vaughan #muiaconsulting #wecareforyou #italianiatoronto #audit #accountingtips #digitalsales #onlinebusiness #business #bookkeeping #accountantlife #businessservices #accountingfirm #accountingtips #accountingandfinance #selfemployedlife #selfemployed #selfemployedtaxes #supportselfemployed #selfemployedbenefits #businessowners #Canada #Vaughan #Woodbridge #York #Peel #readyforyou

Last days to file the individual tax return before penalties. Even if self-employed have time until June 15, 2021, they they have to pay taxes before April 30, 2021. Ultimi giorni utili per dichiarare le tasse senza penalties, i self-employed avranno tempo fino al 15 Giugno ma dovranno pagare in ogni caso le tasse entro o il 30 Aprile. Schedule a meeting with us if you still need to file the tax return!... #expenses #payments #payrollservices #accountingfirm #taxservices #selfemployedlife #taxconsultant #accountingtips #muiaconsulting #ontario #tax #toronto #vaughn #woodbridge #brampton #COVID19 #accounting #accountinglife #accountingservices #taxdebt #taxpro #theitalianaccountant #italianiatoronto #taxtime #incometax #CERB #taxseason #wecareforyou #interestrelief #businesstaxes #taxtip

Some deductions or credits may not be fully used in one tax year and are eligible to be carried over into future years. These can include items like capital losses, net operating losses, home office deductions and charitable contributions. If you are unsure of carryovers you may be eligible for talk to one of our experts. #theItalianAccountant #MuiaConsulting #Vaughan #Woodbridge #TaxTime #ReadyforYou #IncomeTax #Accounting

Happy Halloween!! #accountinglife #accountingservices #taxplanning #bookkeeping #taxes #finance #halloween #muiaconsulting #jokes #propertytaxes #scarycostume #trickortreat #halloween2020 #halloweencostume #november2020

The normal T2200 Form will pose a problem for many companies at a time when they are already dealing with Covid-19 challenges. That is why the CRA is considering releasing a short version of T2200. However, there is a lot of concern about the challenge of educating employees on how the rules around home office expenses work. Stay tuned for more announcements and Contact us for any info!... #Ontario #CRA #accounting #accountingservices #taxes #workfromhome #workinprogress #motivation #bookkeeping #deductions #T2200 #form #COVID19 #finance #business #employees #employers #taxreturn #taxplanning

For eligible car expenses, the trick for this one is you must calculate what percentage your vehicle is being used for work. For this expense, there are 2 ways to calculate the deduction: 1. The CRA 2020 standard mileage rate is 59 per kilometre for the first 5,000 kilometres driven. and then 53 per kilometre driven after that. 2. Your actual car expenses (including insurance, gas, and repairs). ... You are required to keep track of mileage for both deductions. You can track it manually or use one of the may mileage tracking apps available. Figure out which one makes the most financial sense before filing so you can maximize your savings. If you have any questions, give us a call at 647-493-0541.