Changes to Tax Deadlines and CEWS Aim to Help During COVID-19

COVID-19Government Programs In late July, the federal government extended several initiatives aimed at helping those individuals and businesses affected by the COVID-19 pandemic. The following are some of the key changes our clients are asking us about: Canada Revenue Agency (CRA) has further extended the tax payment deadlines for individual, corporate, and trust income tax [...]

By |2020-09-04T01:36:12+00:00August 17th, 2020|Uncategorized|0 Comments

Using QuickBooks Online with a screen reader

Historically, when blind or visually impaired users of assistive technology had to choose an accounting system, the two main choices were QuickBooks® Desktop by Intuit and Cash Manager by Accomplish. Within the last several years, QuickBooks Online has improved in accessibility enough to warrant consideration as a third option. Here are some tips on working [...]

By |2020-09-07T22:56:56+00:00August 5th, 2020|Uncategorized|0 Comments

On the Road to Recovery with Canwest Accounting

Canwest Accounting is seeing more of its clients’ businesses reopening, as many qualify for help through the Canada Emergency Wage Subsidy (CEWS) program in place until at least Aug. 29, 2020. Other clients’ businesses have returned to near-normal levels and no longer collect the wage subsidy of 75% of employee wages for up to 24 [...]

By |2020-09-04T01:36:21+00:00July 30th, 2020|Uncategorized|0 Comments

Extended Deadline for Income Tax Returns – Need Help?

The extended deadline, until June 1, for filing personal income tax returns has meant Canwest Accounting’s hardworking team has been busy non-stop doing tax returns for more than 14 weeks now, which is much longer than the typical tax season. “I was finishing up some clients’ tax returns over the weekend to get them in [...]

By |2020-09-04T01:36:28+00:00June 10th, 2020|Uncategorized|0 Comments

COVID-19 Business Planning

Canwest Accounting has been steadily working on and filing clients’ tax returns while maintaining social distancing measures since mid-March. Like most businesses, COVID-19 business planning is underway at Canwest Accounting around what the “new normal” will be once more restrictions are lifted. We know from Provincial Health Officer Dr. Bonnie Henry that we won’t be [...]

By |2020-09-04T01:36:35+00:00May 13th, 2020|Uncategorized|0 Comments

Government Aid During the COVID-19 Crisis

Canwest Accounting has received several calls from business owners with questions about some of the federal government subsidies and aid programs available during the unprecedented COVID-19 crisis. “We know this is a tough time for businesses and individuals who are wondering how they’ll come up with their next rent or mortgage payment, and how to [...]

By |2020-09-04T01:36:38+00:00April 17th, 2020|Uncategorized|0 Comments

Navigating food delivery to your restaurant customers

Out of all of the businesses affected by our shelter in place orders, none have been affected more than the restaurant industry. Upscale restaurants have been hit particularly hard. Don’t believe me? Take a look at OpenTable’s statistics around the globe. This is probably the worst economic impact the restaurant industry will ever see and [...]

By |2020-09-07T22:56:59+00:00April 8th, 2020|Uncategorized|0 Comments

A restaurant’s financial guide to surviving COVID-19

Coronavirus disease 2019 (COVID-19) is a respiratory illness that can spread from person to person. The virus that causes COVID-19 is a novel coronavirus that was first identified during an investigation into an outbreak in Wuhan, China. This illness has a high mortality rate, and is easily transmitted, causing many local and state governments to [...]

By |2020-09-07T22:57:00+00:00March 26th, 2020|Uncategorized|0 Comments
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