Ontario Online Bookkeeping & Accounting

Want to win $25,000? Canada United (sponsored by RBC) is giving away $250,000 in cash prizes (Ten @ $25K), and SHOPPING WITH ME could count as an entry! Limitations apply. Come shop with us this week/Friday the 28th! Special offers in store!

York Region allowed to move to STAGE 3, THIS FRIDAY! Casinos will be allowed to reopen but table games are banned. Meanwhile, all restaurants, bars, concession stands, and other food and drink establishments are allowed to reopen for indoor dining in Stage 3. Gyms and fitness studios can also reopen with safety protocols in place. Organized sports can also resume, with the exception of contact sports. Playgrounds, community centres and libraries will also reopen. The province... will also allow personal support services to resume that involve a customers' face, such as facials and some piercings. Indoor gathering limits increase from 10 to a maximum of 50 people, while outdoor gathering limits increase to a maximum of 100 people. Physical distancing is still required during any gathering with people from outside an individual's social circle. The province is not increasing the number of people a person can gather with without physical distancing measures in place. See more

In this mornings session of whats expected to be a day-long debate, York Region council unanimously supported the requirement that the public wear masks or face coverings inside public spaces, including grocery stores and other retail outlets. Many details have yet to be worked out, including what constitutes an operator of an enclosed public space, the start and end date of the temporary masking policy, education and enforcement tactics, who is responsible for signage at local businesses, and whether or not the regional government will purchase masks to be made available to citizens on limited or low incomes. Check back here for more on this developing story.

This week CRA will be automatically issuing a ONE TIME payment to SENIORS! $300 for seniors eligible for the Old Age Security pension, and an additional $200 for seniors eligible for the Guaranteed Income Supplement. This measure will give a total of $500 to seniors who receive both the Old Age Security pension and the Guaranteed Income Supplement, and will help them cover increased costs caused by COVID-19.

Announced today! As new daily cases of COVID-19 continue to decline in Ontario, the Ford government is allowing people anywhere in the province to build "social circles" of up to 10 people that can include family and friends. For the time being, a person can only be a part of one circle, in order to limit contact while still allowing individuals to see more of their family members or close contacts.

Good news (Unfortunately not for York Region, but hopefully soon)! Ontarians will soon be allowed to gather in groups up to 10 and many more businesses and services will be allowed to begin operating again as part of the next phase of the province's regional reopening, set to begin in some areas later this week.

Ontario's publicly-funded schools will not reopen in June and will remain closed until September due to the COVID-19 pandemic.

Today the province announced that certain retailers, seasonal businesses, and health and community service providers will be permitted to open or expand services on Tuesday, May 19th. I have attached TWO LINKS below for further "detailed" information.

Today Prime Minister, Justin Trudeau, announced a series of additional measures to help Canadian seniors. Providing additional financial support of $2.5 billion for a one-time tax-free payment of $300 for seniors eligible for the Old Age Security (OAS) pension, with an additional $200 for seniors eligible for the Guaranteed Income Supplement (GIS). This measure would give a total of $500 to individuals who are eligible to receive both the OAS and the GIS, and will help them cover increased costs caused by COVID-19.

HST payment increases are being paid out TODAY. You will get the extra payment amount automatically if you normally receive the GST/HST credit and have filed a 2018 tax return. If you have not filed your 2018 return and would like assistance, my CPA firm is OPEN and operating remotely and SAFELY. We use a secure portal for exchanging documentation. Please call or email us for further information. (289) 470-1334. [email protected] If you were previously not entitled to the GST/HST credit, but have filed your 2018 tax return, you may also get the one-time credit amount based on your family net income.

Applying for CERB? Whether you apply online or by phone, CRA wants to provide the best service possible to everyone. To help manage this, they have set up specific days for you to apply. Please use the following guidelines: Days to apply for the Canada Emergency Response Benefit Apply for CERB on...Your best day to apply... If you were born in the month of: January, February or March apply on Monday April 6... April, May, or June apply on Tuesday April 7 July, August, or September apply on Wednesday April 8 October, November, or December apply on Thursday April 9 Any month - apply on Fridays, Saturdays and Sundays See more

IF planning to apply for CERB. Make sure you are registered with "MY ACCOUNT" with CRA. If not, REGISTER TODAY as it takes 5-10 days for them to MAIL out your Registration Confirmation to you, once you register. Register with link below.

Many of you may be wondering if you will qualify/be eligible for CERB (Canada Emergency Response Benefit). The CERB will provide you with $500 a week for up to 16 weeks. They are targeting APRIL 6th as the date you can start applying. Eligibility: You must reside in Canada You are 15 years of age or older at the time of application You have stopped or will stop working for reasons related to Covid-19, or because you are unable to work due to illness, or because you lost your ...employment for other reasons beyond your control; and If you are submitting for your first benefit period, that you have stopped or will stop working for at least 14 consecutive days within the 4 week benefit period; or If you are filing for a subsequent benefit period, you did not receive any employment or self employment income for the period for which you previously claimed the benefit and do not expect to receive any employment or self employment income in the 4 week benefit period You have not quit your job voluntarily You are not receiving nor have you applied for the CERB from the Canada Revenue Agency nor are you receiving Employment Insurance benefits for the same benefit period You have earned a minimum of $5,000 in income within the last 12 months or in the 2019 calendar year from one or more of the following sources: Employment income Self-employment income See more

Canadas deputy chief public health officer, Dr. Howard Njoo, told reporters that Canadians will be in it for the long haul. Its not going to be days and weeks, its definitely months, MANY MONTHS. And the one thing that other countries are also looking at, and were looking at as well, is that is there a possibility of a second wave? Who knows? Njoo said. Were looking at all possibilities and planning for all potential scenarios.Bottom Line-STAY HOME. NO VISITING ONE ANOTHER. NO PLAY DATES. STAY SAFE.

The Government of Canada is taking strong, immediate and effective action to protect Canadians and the economy from the impacts of the global COVID-19 pandemic. No Canadian should have to choose between protecting their health, putting food on the table, paying for their medication or caring for a family member. To support workers and help businesses keep their employees, the government has proposed legislation to establish the Canada Emergency Response Benefit (CERB). This t...axable benefit would provide $2,000 a month for up to four months for workers who lose their income as a result of the COVID-19 pandemic. The CERB would be a simpler and more accessible combination of the previously announced Emergency Care Benefit and Emergency Support Benefit. The CERB would cover Canadians who have lost their job, are sick, quarantined, or taking care of someone who is sick with COVID-19, as well as working parents who must stay home without pay to care for children who are sick or at home because of school and daycare closures. The CERB would apply to wage earners, as well as contract workers and self-employed individuals who would not otherwise be eligible for Employment Insurance (EI).

Canadas big six banks will allow mortgage payment deferrals for UP TO SIX MONTHS as part of extraordinary measures to help customers struggling with the financial impacts of the novel coronavirus pandemic.

"Temporary Income Support for Workers and Parents" For Canadians without paid sick leave (or similar workplace accommodation) who are sick, quarantined or forced to stay home to care for children, the Government is: Waiving the one-week waiting period for those individuals in imposed quarantine that claim Employment Insurance (EI) sickness benefits. This temporary measure is in effect as of March 15, 2020. Waiving the requirement to provide a medical certificate to access EI ...sickness benefits. Introducing the Emergency Care Benefit providing up to $900 bi-weekly, for up to 15 weeks. This flat-payment Benefit would be administered through the Canada Revenue Agency (CRA) and provide income support to: Workers, including the self-employed, who are quarantined or sick with COVID-19 but do not qualify for EI sickness benefits. Workers, including the self-employed, who are taking care of a family member who is sick with COVID-19, such as an elderly parent, but do not quality for EI sickness benefits. Parents with children who require care or supervision due to school closures, and are unable to earn employment income, irrespective of whether they qualify for EI or not. Application for the Benefit will be available in April 2020, and require Canadians to attest that they meet the eligibility requirements. They will need to re-attest every two weeks to reconfirm their eligibility. Canadians will select one of three channels to apply for the Benefit: by accessing it on their CRA MyAccount secure portal; by accessing it from their secure My Service Canada Account; or by calling a toll free number equipped with an automated application process. See more

CRA has extended TAX deadline to JUNE 1!

BIG NEWS! Just finished the office renovations! Natasha Richardson CPA Professional Corporation is now open! 183 Simcoe Ave, Unit 3, Keswick. 289-470-1334. Checkout the "BEFORE" pics below. Please click on "Link" to my page" and click LIKE on the page, so that you can see the "Grand Reveal" of the "AFTER" pics in the coming days! Feel free to share with your friends, as it is TAX TIME after all.

Come on out this weekend and see us at the "Discover Georgina" Show! Location - Ice Palace. Sat 10-5, Sun 10-3.

Come on out this weekend and see us at the "Discover Georgina" show! LA Kings "Sean Walker" will be there! Info and coupon below!

Tax Deadline is tomorrow! Have you filed already?!

"WARNING" There are various CRA SCAMS out there. Be very careful. Whether via text, email, or phone call, do not follow through with providing any information to anyone. ALWAYS check with your Accountant first.