Pinnacle Business Solutions Chartered Professional Accountants
719 1st Avenue West S9X 1H2 Meadow Lake, SK, Canada

HAPPY THANKSGIVING!

https://www.moneysense.ca/save/taxes/income-tax-t2200/

CEBA Loan Deadline Extended The deadline for applications for CEBA loans has been extended from August 31 to October 31, and they're working on changes so that those without a business bank account might be eligible. #smallbusiness #COVIDCanada https://t.co/X13qgPYDjq

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How are RRSPs and RRIFs Taxed at Death? The value is included in the income of the deceased. When there are named beneficiaries, no tax is withheld when paid out, but named beneficiaries can be held liable for taxes unpaid by the estate. #estateplanning https://t.co/dfnppgrgwF

EFFECTIVE JUNE 1ST WE ARE OPEN REGULAR HOURS 8:30-4PM MONDAY TO FRIDAY. OPEN OVER LUNCH HOUR AS WELL.EFFECTIVE JUNE 1ST WE ARE OPEN REGULAR HOURS 8:30-4PM MONDAY TO FRIDAY. OPEN OVER LUNCH HOUR AS WELL.

We’re all doing our part to fight the spread of COVID-19. Find out what financial assistance is available for you, your family and your business. Visit canada.ca/coronavirus to learn more.

The GoC announced more information in regards to the Canada Emergency Wage Subsidy. Applications open April 27th and should be processed by May 5. https://t.co/DFZZU8pLpl

To reduce social contact we are reducing our hours to 11:00 - 5:00 starting Monday. Please use the outside drop box if possible or email your information to the office. If you would like to discuss your situation we are available to book phone interviews in place of face to face interviews to help provide social distancing where possible.

COVID-19 Management and staff are watching the situation closely and have decided to keep the office open until we are required to close. We are all willingly and able to continue working to get everything done. Anyone that doesn't want to come into the office, we have a drop box at the front door that you can use to drop off your tax information. Another option is to email your information to [email protected] or lauraf@pbsca or fax to 306-236-5699. Even though the deadl...ine has been extended, we encourage you to file sooner than later due to the constant daily changes. If you or a loved one has been out of the country or exposed to the virus, please use one of the above options. We are taking extra precautions in sanitizing and cleaning the office at all times. If you have any questions or concerns please don't hesitate to call Karyn or Laura. See more

https://mailchi.mp/vi/life-in-the-tax-lane-november-745901

https://www.videotax.com//does-a-cppei-ruling-triggers-fol#

We are hiring! We are looking for a full-time bookkeeper who is organized, pays attention to detail and wants to be part of a great team. The successful applicant will start January 2nd and will be eligible for our benefit program and RRSP program after 3 months. Experience and knowledge of simply accounting and quickbooks are an asset. Please apply to [email protected] Only successful candidates will be contacted.

We will be closed Monday, November 11 in honour of remembrance day Remembering and honouring our hero’s

https://www.taxtips.ca/rrsp/rrspcontributionlimits.htm

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Transferring Capital Losses to a Spouse Capital losses can be transferred to a spouse by utilizing the superficial loss rules. Your spouse must hold the shares for more than 30 days after your disposition before selling the shares. #investors #CdnTax https://t.co/oxyr8LmKrW

Prescribed rate loans - Interest must be paid on the loan no later than January 30 of the following year. CRA opines that a payment by a promissory note is not sufficient. https://t.co/velfLtVgRV

Guaranteed Income Supplement (GIS) GIS is available to low-income #OAS recipients. If OAS pensioner has reduction in income, GIS may be based on estimated current yr earnings. Involuntarily separated from spouse - seek adjustments. #seniors #CdnTax https://t.co/8UXornh79k

We are excited to announce the acquisition of Pliska Vidal & Co. firm. August 1st we will be relocating to 719 - 1st Avenue West (beside Beg 4). Gary and Dave are moving on to new endeavors and we wish them all the best. Their remaining staff is joining us to assist us in providing all the same services to you. Please stop in and see us at our new location after August 1st.

WE ARE MOVING! Effective August 1, 2019 we are relocating to 719 1st Ave West (currently/formerly Pliska Vidal) . Please come see us at our new location after August 1st.

#Employee #Stock Option Taxation - Proposed Changes On June 17, the govt released proposed legislation to limit tax benefits of employee stock options. Interested parties may submit comments by Sep 16th. #cdntax #cdnpoli #smallbusiness #employees https://t.co/PqTEfBxgrX

Summer hours for July and August: Monday to Thursday 8:30-4:30 Fridays 8:30-1:00pmSummer hours for July and August: Monday to Thursday 8:30-4:30 Fridays 8:30-1:00pm

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Capital Losses Capital losses can normally only be used to reduce or eliminate capital gains. However, they can be carried back to any of the 3 preceding taxation years, or carried forward indefinitely. #investing #investors #investments #CdnTax https://t.co/8rGSFWAdGc

We are seeking the services of a full-time bookkeeper to join our team. As the successful candidate, you will perform and assist with a variety of accounting functions such as receiving and verifying invoices, assisting with processing payroll, data entering month-end accounting and journal entries to the general ledger, processing cash receipts and bank deposits, as well as performing other duties as required. To qualify, you will have bookkeeping experience or relevant edu...cation in accounting as well as exceptional attention to detail and the ability to work independently. You will also possess excellent problem solving, analytic skills and good time management skills. Please email your resume to [email protected] by December 31st. Only applicants selected for interviews will be contacted.

TFSA limit is $6,000 for 2019. $63,500 in room available for those that have never contributed. #TAX #tfsa https://t.co/WtTL3Km7q2

Happy Thanksgiving! We are thankful for all our families, friends and our clients. We appreciate each and everyone of you. Have a great long weekend everyone!Happy Thanksgiving! We are thankful for all our families, friends and our clients. We appreciate each and everyone of you. Have a great long weekend everyone!

Happy long weekend! We will be closed Monday September 3rd but open again on Tuesday Sept 4th.Happy long weekend! We will be closed Monday September 3rd but open again on Tuesday Sept 4th.

#CFIB #TipTuesday Choosing sole proprietorship as your #smallbiz structure means there's no distinction between the owner & the business itself. It's easy to start, commonly used by new entrepreneurs & all business debts & liabilities rest with the owner. https://t.co/NZt0iv9ZcX https://t.co/juF0QzXwrU

Summer office hours starting July 1 will be the following: Monday to Thursday 8:30 to 12:00 and 1:00 to 4:30 Friday 8:30 to 1:00... We hope everyone has a great summer!

With tax season just around the corner it is important to start gathering your tax slips and any pertinent information that is required. If you have any questions please give us a call, we are here to make your life easier when it comes to income taxes, business planning, and business support.

With summer over, our regulars hours are now back in effect. Monday to Friday's 8:30-4:30; closed from lunch to 1pm.

There are big changes coming with the new proposals by Trudeau and Morneau so please give us a call if you need any guidance in what these new rules mean and if they will affect you in the future.