Avail CPA is teaming up with Community Futures Lethbridge Region to bring you two free online tax information sessions that cover COVID-19 business subsidies and tax considerations.
Each session will be presented online, free of charge, and topics covered will include:
- Eligibility
- Tracking
- Recordkeeping
- CRA Reporting
- Tax Implications
- Loan Repayment Options
SESSION 1
Canada Emergency Wage Subsidy
As a Canadian employer who has seen a drop in revenue due to the COVID-19 pandemic, you may be eligible for a subsidy to cover part of your employee wages, retroactive to March 15. This subsidy will enable you to re-hire workers, help prevent further job losses, and ease you back into normal operations.
Tuesday, December 8, 2020
10:30-11:30 AM
SESSION 2
Regional Relief and Recovery Fund (Canada Emergency Business Account)
The Canada Emergency Business Account (CEBA) provides interest-free, partially forgivable, loans of up to $40,000, to small businesses and not-for-profits, that have experienced diminished revenues due to COVID-19 but face ongoing non-deferrable costs, such as rent, utilities, insurance, taxes and wages.
Wednesday, December 9, 2020
10:30-11:30 AM
You may also like...
View all newsCareer Opportunity | Administrative Assistant - Taber
We are currently seeking a full-time, temporary Administrative Assistant (Maternity Leave Coverage) to join our team in Taber.
New reporting obligations for forced and child labour
Certain private-sector entities and government institutions must now report on measures taken to prevent forced or child labour being used by them or in their supply chains.
How to create a CRA My Account
In a few easy steps, we walk you through how to register for a CRA My Account for individuals.
Free Consultation
Have questions? Book a free consultation. It's really just a casual conversation where we try to learn more about you and your goals, and how we can help you achieve those.