Susan Ivanovics, CPA
  • Home
  • About
  • How I work with you
  • Services
  • Blog
  • Contact
Select Page
[Breaking News] CERB repayment rules have changed for self-employed

[Breaking News] CERB repayment rules have changed for self-employed

by Susan Ivanovics | Feb 9, 2021 | Self-Employed and Small Business

Did you receive CERB and were confused if you should have received the payments? On February 9, 2021 the federal government announced that self employed Canadians who received CERB may not have to pay it back. Canadians who are worried about having to repay may not be...
New stimulus program for the arts and travel industries brings relief to some Canadian small businesses

New stimulus program for the arts and travel industries brings relief to some Canadian small businesses

by Susan Ivanovics | Feb 9, 2021 | Self-Employed and Small Business

Here’s some good news for small businesses in the arts and hospitality industry. The Canadian Government has identified some of the hardest hit industries due to COVID-19 and created a special stimulus program for these sectors. The incentive program is designed...
Did you receive CERB, CESB, CRB, CRSB, CRCB or enhanced EI Payments in 2020?

Did you receive CERB, CESB, CRB, CRSB, CRCB or enhanced EI Payments in 2020?

by Susan Ivanovics | Feb 2, 2021 | Self-Employed and Small Business

This is a friendly reminder that if you received CERB, CESB, CRB, CRSB, CRCB or enhanced EI Payments in 2020, chances are you will have to pay taxes.  What’s the reason? These support payments made to Canadians did not have any tax taken off of at the...
Claiming vehicle expenses for business 101

Claiming vehicle expenses for business 101

by Susan Ivanovics | Sep 2, 2020 | Self-Employed and Small Business

“Can I claim a vehicle expense for my business if I don’t own the car, but it belongs to my partner?” In my practice as a CPA in Hamilton, I get asked this question by many small business owners.  To clarify, “partner” refers to a husband, wife, boyfriend, girlfriend,...
Late filing your 2019 tax return? Here’s what you need to provide your accountant

Late filing your 2019 tax return? Here’s what you need to provide your accountant

by Susan Ivanovics | Aug 12, 2020 | Self-Employed and Small Business

“I haven’t filed my 2019 tax return and I am not sure what to take to my accountant?” If you are in this position, my recommendation is (if you are utilizing the same accountant as last year) to contact their office ASAP. A good accountant should be...
CRA processing time delayed due to COVID-19

CRA processing time delayed due to COVID-19

by Susan Ivanovics | Aug 12, 2020 | Self-Employed and Small Business

We’ve all had to practice patience this year. But I don’t believe any of us are experts yet! Delays in general have been relatively commonplace in 2020. In my practice as a CPA I have been asked several times why tax returns for 2019 are taking a long...
« Older Entries

Recent Posts

  • How to reduce your income tax payable for 2020 taxes
  • [Breaking News] CERB repayment rules have changed for self-employed
  • New stimulus program for the arts and travel industries brings relief to some Canadian small businesses
  • Did you receive CERB, CESB, CRB, CRSB, CRCB or enhanced EI Payments in 2020?
  • 2020 Home office tax deductions due to COVID-19

Categories

  • Personal tax tips
  • Self-Employed and Small Business
  • Uncategorised
  • About
  • Accounting
  • Services
  • Blog
  • Contact
  •  289-520-0706
  •  susanivanovics@rogers.com
  •  Follow me