Accounting Is Important for Business

Accounting information provides valuable insight into operations, showing trends and opportunities that can help make your company more profitable. Tax reporting agencies require you to keep books at a minimum level that tracks income and expenditure. But if you have the drive and interest, you can take your accounting processes to an entirely different level, […]

CRA adds T4 reporting requirements to validate benefit payments

The Canada Revenue Agency (CRA) is requiring Canadian employers to provide additional information on T4 slips for the 2020 tax year as part of its efforts to track pandemic-related benefits. The CRA is looking to “validate payments” made under the Canada Emergency Response Benefit (CERB), the Canada Emergency Wage Subsidy (CEWS) and the Canada Emergency Student Benefit […]

Canada’s COVID-19 Economic Response Plan

The Government of Canada is taking immediate, significant and decisive action to support Canadians and businesses facing hardship as a result of the COVID-19 outbreak. On this page Support for individuals Support for businesses Support for sectors Support for organizations helping Canadians For accounting information and help please contact us. Aloya team of professional will […]