Silver Peak Accounting
182 Mount Pleasant Ave N6H 1E2 London, ON, Canada

Stay home, protect yourself and your #community. We can file your #taxes without you leaving your house as per recent #CRA regulations. What we do that software and other chains cannot is include post CRA follow-up into our services and provide tax planning recommendations. Call or email us to find out more. 519-852-0013 [email protected] Choose a local business that is open year-round and stay safe London! #Coronavirus #COVID-19

If your teenager has a part-time job, you may wonder if they need to file a tax return. Even if it’s only pocket change, there are some compelling reasons to begin your lifelong relationship with the Canada Revenue Agency.

Happy International Men's Day!! We live in the days of a ‘silent men’s health crisis’. What can we do? Prevention is better than cure. People who laugh actually live longer than those who don’t laugh. Good health comes when mind, body and spirit are in total harmony."

Some business trends are new, while others have accelerated, such as increasing investments in technology. While the situation remains uncertain, Canada’s entrepreneurs are in solution mode. Adapting to this new environment could be key for smaller businesses to prosper in years to come, Cléroux adds.

COVID-19 has closed the doors of countless retailers, but has also presented a unique opportunity for businesses to expand their e-commerce capabilities. Over the last few years, there has been an increasing call for digital transformation amongst small to large retailers. As the COVID-19 crisis hit, it’s no surprise that there was a massive spike in e-commerce sales. As a direct result, retailers have felt an accelerated call for a functional online presence.

Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021. https://www.canada.ca//subsidy/emergency-rent-subsidy.html

The Seniors’ Home Safety Tax Credit, introduced last week in the 2020 Budget, Ontario’s Action Plan: Protect, Support, Recover, would give families 25 per cent credit back on eligible renovations up to $10,000 to make their homes safer and more accessible.

"The Canada Revenue Agency (CRA) has issued letters to individuals who may have applied for the Canadian Emergency Response Benefit (CERB) from both Service Canada and the CRA, and who may be required to repay an amount to the CRA," a CRA spokesperson said in an email. "The letters did not require immediate payment; rather they informed the taxpayer that there may be a requirement to repay amounts received. "We will resume collections activities when it is responsible to do so, including collection of debts related to CERB payments,"

With the odds of winning the lottery being slim at best, it’s the sale of one’s home that offers Canadians the best opportunity for a major tax-free gain.

Our call centres are closed today as we honour Canada’s veterans and the Canadian Forces on Remembrance Day. Telephone agents will resume their usual work hours on Thursday, November 12th. http://ow.ly/4j4Z50CdJQP #LestWeForget