The COVID-19 crisis continues to disrupt our economy in far-reaching and unprecedented ways. You may or may not be immediately impacted by the restrictions the government has imposed on businesses, but like most business owners, this crisis has likely been disruptive in some way, whether from a revenue, staffing or cash flow perspective.
You have likely heard that the government has introduced a number of stimulus and tax relief measures to help support businesses like yours. I understand that navigating the details of these measures – particularly on the tax side – can be challenging, and that’s why I want to share a very helpful webcast put on by a group of top business tax experts at BDO Canada. The webcast provides a comprehensive, easy-to-follow explanation of the numerous cash flow-enhancing strategies and tax relief options the government is making available and which you may qualify for. Here are the details:
Title: Cash Flow Strategies and Government Incentives in the Time of COVID-19
Presenters: BDO Canada tax specialists Craig Mulcahy, Jennifer Lucier and Justin Mastrangelo
Key topics: BCAP (via BDC stream); Canada Emergency Business Account; Work Sharing Program; Wage Subsidy Programs; filing deadline extensions and tax deferrals.
Access: Click here – available for viewing at any time.
I encourage you to watch this webcast at your convenience, and please do not hesitate to reach out if you have any questions about your wealth plan or your investments.
Terry Lynn Adamson