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How to Spot Hidden Risks in Corporate Accounting for BC Businesses

By  Carl LaBreche |   | Posted in " financial compliance, Metro Vancouver, Surrey business, corporate accounting, Risk Management "

accounting services Surrey langley white Rock BC

Are you confident that your corporate accounting processes are truly safeguarding your business from hidden financial risks? Even the most diligent Surrey businesses can face subtle compliance issues or overlooked discrepancies that threaten their financial integrity. By understanding the warning signs and implementing robust financial compliance services, you can proactively address vulnerabilities before they escalate. Discover practical strategies to strengthen your accounting practices and ensure your company remains secure and resilient in the competitive Metro Vancouver market.


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Season’s Greetings From Saklas & Co., CPAs

By  Saklas & Co., CPAs |   | Posted in " Estates & Trusts, Family Succession, Risk Management "

accounting services Surrey langley white Rock BC

Season’s Greetings from Saklas & Co., CPAs. We wish you and your family a wonderful holiday season and a happy, healthy, and prosperous New Year 2022!


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Tips To Get The Most Out Of Your Tax Return

By  Saklas & Co., CPAs |   | Posted in " Business Succession, International Tax, Risk Management "

accounting services Surrey langley white Rock BC

Filing prompt tax returns is the duty of every citizen in the country to stay on the right side of the Canada Revenue Agency (CRA). It can also help to gain refunds if too much tax is deducted from an employees’ salary. However, many employees are unaware of the benefits they can take advantage of when filing returns, which usually ends up with them paying unnecessary tax.


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COVID-19 could affect your tax season, says expert

By  External Author |   | Posted in " Estates & Trusts, Family Succession, International Tax, Risk Management "

Original Article Source Credits:   CBC , https://www.cbc.ca/

Article Written By:  NA

Original Article Posted on:  Jan 14, 2021

Link to Original Article:  https://www.cbc.ca/news/canada/nova-scotia/expert-answers-covid-19-tax-season-questions-1.5873331


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2020 Fourth Quarter

By  Saklas & Co., CPAs |   | Posted in " Business Succession, Estates & Trusts, Family Succession, International Tax, Risk Management "

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This publication is a high-level summary of the most recent tax developments applicable to business owners, investors, and high net worth individuals. Enjoy! TAX TICKLERS… some quick points to consider… CRA has opined that U.S. Economic Impact payments received by residents of Canada are not taxable in Canada. 1,252,830 Canada Emergency Wage Subsidy (CEWS) applications have been approved for a total value of $41.12 billion (as of October 4, 2020). On October 9, 2020, the Government announced that the CEWS program will be extended to June 2021. Further, the maximum subsidy for period 8 (calculated using October’s revenues) of 65% would be maintained for……


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Beware! The CRA Might Ask You for Those $2,000 CERB and CRB Payments Back

By  External Author |   | Posted in " Business Succession, International Tax, Risk Management "

Original Article Source Credits: The Motely Fool, https://www.fool.ca/

Article Written By: Adam Othman

Original Article Posted on: 11th December 2020

Link to Original Article: https://www.fool.ca/2020/12/11/beware-the-cra-might-ask-you-for-those-2000-cerb-and-crb-payments-back/


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CRA Tax Savings: The RRSP Limit Is Increasing in 2021

By  External Author |   | Posted in " Business Succession, International Tax, Risk Management "

Original Article Source Credits: The Motley Fool, https://www.fool.ca/

Article Written By: Adam Othman

Original Article Posted on: 8th December 2020

Link to Original Article: https://www.fool.ca/2020/12/08/cra-tax-savings-the-rrsp-limit-is-increasing-in-2021/


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The CRA Just Broke Down What You Need To Do To Repay The CERB Before 2021

By  External Author |   | Posted in " Business Succession, International Tax, Risk Management "

Original Article Source Credits: Narcity, https://www.narcity.com/

Article Written By: Helena Hanson

Original Article Posted on: 8th December 2020

Link to Original Article: https://www.narcity.com/en-ca/money/cerb-repayments-the-cra-just-explained-what-you-need-to-do-to-return-the-benefit


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Canada Revenue Agency: You Can Avoid Tax on the $14,000 CERB Payments

By  External Author |   | Posted in " Business Succession, International Tax, Risk Management "

Original Article Source Credits: Yahoo Finance, https://ca.finance.yahoo.com/

Article Written By: Puja Tayal

Original Article Posted on: 11th November 2020

Link to Original Article: https://ca.finance.yahoo.com/news/canada-revenue-agency-avoid-tax-140202838.html


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Our roundup of the best tax tips for Canadians

By  External Author |   | Posted in " Business Succession, Estates & Trusts, International Tax, Risk Management "

Original Article Source Credits: MoneySense, https://www.moneysense.ca/

Article Written By: Luke Rivers

Original Article Posted on: 11th November 2020

Link to Original Article: https://www.moneysense.ca/save/taxes/best-tax-tips-canada/


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