Affordable Tax Services Available for Basic Tax Returns

Recently, Canwest Accounting launched an affordable tax filing service for those who have just basic tax returns, students, seniors, and those living on social assistance. Affordable Tax Services is a no frills service where you can come into Canwest Accounting’s Langford or Victoria offices, sign some forms, wait while your tax return is completed, and [...]

By |2022-05-03T19:01:44+00:00March 14th, 2022|Tips|0 Comments

Affordable Tax Services Available for Basic Tax Returns

Recently, Canwest Accounting launched an affordable tax filing service for those who have just basic tax returns, students, seniors, and those living on social assistance. Affordable Tax Services is a no frills service where you can come into Canwest Accounting’s Langford or Victoria offices, sign some forms, wait while your tax return is completed, and [...]

By |2022-03-14T21:42:30+00:00March 14th, 2022|Tips|0 Comments

CRA Actively Reviewing Advertising, Promotion and Advertising Expenses

The team at Canwest Accounting has recently seen letters from Canada Revenue Services (CRA) asking companies for copies of receipts for advertising expenses. Some companies claiming high advertising costs are being required to submit their invoices to CRA. Make sure you keep all of your business records and receipts for seven years. Other line items [...]

By |2022-02-28T20:53:49+00:00February 28th, 2022|Tips|0 Comments

CRA Actively Reviewing Advertising, Promotion and Advertising Expenses

The team at Canwest Accounting has recently seen letters from Canada Revenue Services (CRA) asking companies for copies of receipts for advertising expenses. Some companies claiming high advertising costs are being required to submit their invoices to CRA. Make sure you keep all of your business records and receipts for seven years. Other line items [...]

By |2022-05-03T19:01:47+00:00February 17th, 2022|Tips|0 Comments

CRA Actively Reviewing Advertising, Promotion and Advertising Expenses

The team at Canwest Accounting has recently seen letters from Canada Revenue Services (CRA) asking companies for copies of receipts for advertising expenses. Some companies claiming high advertising costs are being required to submit their invoices to CRA. Make sure you keep all of your business records and receipts for seven years. Other line items [...]

By |2022-03-08T22:22:07+00:00February 17th, 2022|Tips|0 Comments

Government Supports for Dealing with Omicron

2022 has kicked off with an unprecedented number of COVID-19 cases, the Omicron variant, resulting in financial strain for several businesses and their employees.“We continue to see some businesses, particularly in the hospitality sector, struggle during this challenging time,” said Sharlane Bailey, owner of Canwest Accounting. “Tapping into Government Supports for Dealing with Omicron can [...]

By |2022-05-03T19:01:48+00:00January 10th, 2022|Tips|0 Comments

Government Supports for Dealing with Omicron

2022 has kicked off with an unprecedented number of COVID-19 cases, the Omicron variant, resulting in financial strain for several businesses and their employees.“We continue to see some businesses, particularly in the hospitality sector, struggle during this challenging time,” said Sharlane Bailey, owner of Canwest Accounting. “Tapping into Government Supports for Dealing with Omicron can [...]

By |2022-03-08T22:22:14+00:00January 10th, 2022|Tips|0 Comments

Government Supports for Dealing with Omicron

2022 has kicked off with an unprecedented number of COVID-19 cases, the Omicron variant, resulting in financial strain for several businesses and their employees.“We continue to see some businesses, particularly in the hospitality sector, struggle during this challenging time,” said Sharlane Bailey, owner of Canwest Accounting. “Tapping into Government Supports for Dealing with Omicron can [...]

By |2022-02-28T20:53:58+00:00January 10th, 2022|Tips|0 Comments

Shareholder Loans and Tax Receipts: Keeping CRA Happy

As we approach the end of the calendar year, it’s a good time to review a few business items that Canada Revenue Services (CRA) tends to zone in on. The first involves shareholder loans and increased scrutiny by CRA, and the other involves discretionary receipts for dining, gifts, donations, and vehicle mileage – ‘tis the [...]

By |2022-03-08T22:22:19+00:00December 15th, 2021|Tips|0 Comments

Shareholder Loans and Tax Receipts: Keeping CRA Happy

As we approach the end of the calendar year, it’s a good time to review a few business items that Canada Revenue Services (CRA) tends to zone in on. The first involves shareholder loans and increased scrutiny by CRA, and the other involves discretionary receipts for dining, gifts, donations, and vehicle mileage – ‘tis the [...]

By |2022-05-03T19:01:50+00:00December 15th, 2021|Tips|0 Comments
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