How to Apply for Canada Emergency Response Benefit (CERB) with CRA       On April 6, 2020, the $2,000/month CERB has gone live and the application process has opened for taxpayers who’s birthdays are in January, February and March. Those whose birthdays are in April, May, June, can apply on Tuesday. July, August, September birthdays can apply on Wednesday. October, …

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Wage Subsidy Details Announced Yesterday, Finance Minister Bill Morneau announced the details of the proposed Canada Emergency Wage Subsidy: The Canada Emergency Wage Subsidy would apply at a rate of 75% of the first $58,700 normally earned by employees – representing a benefit of up to $847 per week. The program would be in place …

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Today’s ( March 30th, 2020)Update Clarifications and Details Regarding the 75% Wage Subsidy    Qualifying for the 75% wage subsidy will be a revenue-based test. It will apply to businesses who can show that revenue has dropped 30% or more as a result of COVID-19. Number of employees is not relevant. All companies will qualify (large …

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Dear Clients & Friends: Further to the Ontario government’s mandated business closures, please note that HS & Partners LLP is exempt as an “essential service”. As such, we will continue to operate as we have over the past 2 weeks. We ask that clients continue to send their documents by email/PDF (which is preferred); and courier …

HS & Partners is an Essential Service and Will Remain OpenRead More »

To further support small businesses, the Government of Canada today announced the following additional measures: A 75% wage subsidy for qualifying businesses, for up to 3 months, retroactive to March 15, 2020. This will help businesses to keep and return workers to the payroll. More details on eligibility criteria will be shared before the end …

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  The government – Prime Minister Justin Trudeau on March 19, 2020 – released its COVID-19 Economic Response Plan: Tax deadline: For those who are procrastinators, the plan will sit well. The usual deadline for filing your personal tax return is April 30, but this is extended to June 1. For those who will be …

Nine changes for taxpayers that come with the COVID-19 Economic Response PlanRead More »

Business Check-Up Tool & Planning    Your Free  Business Checkup Tool Download the Link is below! Business Checkup Tool   Please use it, share it with anyone who may find it useful. Regards, Your HS & Partners Team Courtesy of Accounting Practice Academy Poe Group Advisors

Dear Clients & Friends: We at HS & Partners are constantly monitoring the evolving legislative changes and program enhancements given the  COVID-19 situation. Below are some details we hope you will find helpful. Click Here: How to apply for Government  benefits if you are financially affected by corona virus    Employment Insurance (EI): Waived 1 week …

Available Benefits & Programs COVID-19Read More »

Dear Clients: On behalf of the HS & Partners Team, we are writing to advise you that we are taking every reasonable precaution to help ensure the health and safety of our staff, our clients and business colleagues. We are closely monitoring this unprecedented and evolving situation and will adapt our protocols accordingly. Until such …

Ensuring Business Continuity & COVID-19 PreparednessRead More »