Canada Emergency Wage Subsidy (CEWS)

Applications Start April 27 for Businesses. This subsidy is to help businesses of all sizes faced with a significant decline of revenue to either keep their workforce on payroll or re-hire them. Doing so will keep these workers off Employment Insurance (EI) Benefits and the $2,000 monthly payments under the recently announced Canada Emergency Response Benefit (CERB). The 75% CEWS …

General Opinion to All

As a business owner myself, the main reason for this email is to put some perspective on what the government is ACTUALLY doing as there is a lot of misconception. This is my take on everything. The tab below partially explains the wage subsidy. Here are my concerns. Most businesses do not realize that they need to submit their current …

Covid-19 March Resource List

Provincial: https://www.saskatchewan.ca/business/taxes-licensing-and-reporting/provincial-taxes-policies-and-bulletins/tax-information-updates#march-2020-updates Federal: https://www.canada.ca/en/department-finance/economic-response-plan.html Banks & Financial Institutes https://www.bdc.ca/en/pages/special-support.aspx?special-initiative=covid19 https://www.fcc-fac.ca/en/covid-19.html  

Covid-19 Update

We are open and ready to help with tax-related services online using email, text, phone and fax.If you have paperwork that cannot be sent electronically, please call to make arrangements to drop off between 9am and 12pm. We are practicing social distancing/no contact for your safety and ours. For tax related forms please visit http://custombookkeeping.ca/tax-resources/

Does Your Business Need a Professional Bookkeeper?

The bookkeeping aspect of running a business is the most commonly overlooked aspect. It is also one of the most important. A bookkeeper is around to make sure that a business’s financial information is organized, classified and accurate. This allows the business to determine their current financial security and plan accordingly for the business’s future. Proper and accurate bookkeeping also …

The Advantages of Hiring a Professional Bookkeeper

With online programs and software programs like Sage and Quickbooks out there, it is certainly possible for you to manage your business’s bookkeeping duties on your own. After all, professional bookkeepers cost money and if you do the books yourself you will be saving that money, right? This is not always the case. There are many benefits to hiring a …