M.Y. Accounting Services
C7-280 West Beaver Creek L4B 3Z1 Richmond Hill, ON, Canada
Category
General Information
Locality: Richmond Hill, Ontario
Address: C7-280 West Beaver Creek L4B 3Z1 Richmond Hill, ON, Canada
Likes: 11
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My client got approved for the Small Business Loan of $350k with my business plan writeup as a personal service business, during this pandemic. Is this what you call doing the impossible possible?
Dear Valued Clients, As you may aware, there were announcements made on the small business front by the Federal Government to assist small businesses in these dire times. The following are quoted from the Canada.ca (https://www.canada.ca//economic-r/covid19-businesses.html). In this email, I have also summarized other additional readings for you into a single email for your convenience. I encourage you to take the time to read the above webpage in full details. Furthermore...Continue reading
Save yourself. Save the business. Save the economy. I can help. Message me.
Dear valued clients, I invite you to read in detail the economic response plan that outlines the government support and benefits to individuals and businesses in response to the Coronavirus crisis. https://www.canada.ca//departm/economic-response-plan.html ... There are some elevating initiatives outlined in the plan to ease the burden for individual and businesses so I highly recommend a detailed read through. Wish you all the best and stay healthy,
With the real estate boom, many of you may have several properties on hand. Some of which you lived, some of which you sold. But how does the principal residence work and how can it be structured in your favor? Did you know you can extend your principal residence by 4 years even if you had rented it out? https://www.taxtips.ca/perso/propertyrental/changeinuse.htm... Contact me if you have questions or concerns.
http://www.mondaq.com//Prompt+Payment+Under+The+Constructi
http://www.mondaq.com//The+Benefits+Of+Limited+Partnership We live in a global economy. Let's think globally.
https://www.videotax.com/web-tips-articles/ A very good tax snack bite on the latest updates and things you would never have considered. Great people and great video. Message me for questions related to the topics!
Hello All, Message me for your immigration and international taxation needs and inquires!
If you are one of the victims, I will fight them tooth and nail.
Tax season is around the corner...have you covered your bases? Here's a list for you: -T-Slips (T5, T4, T3, T4(OAS), T4A(CPP), T4E, T4A)... -Employment expenses (if eligible and form T2202A filled by employer) -RRSP Contribution slips -Investment summary of transactions (For capital gains/loss calculation) -Interest expenses for investment purposes -Business/Commission income and expenses (Auto expenses, auto mileage - personal vs business and travel log to/from students, telephone, Utilities, Home office, repairs and maintenance, insurance, interests expenses etc) -Rental Income and expenses (common fees, mortgage interest etc) -University/tuition tax slips -Property taxes/rental expenses paid for your principal residence -Child care costs/nanny costs paid in the year. Did your lower income spouse enroll to school during the year? -Summer camps and other camps paid in the year for children -Medical receipts or a print off from your insurance provider of medical expenses paid out of pocket. -Donation tax receipts -Insurance premiums paid -Professional/Union dues -TTC/metro passes etc.
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