As the COVID-19 crisis continues to disrupt our economy in far-reaching and unprecedented ways, business owners may or may not be immediately impacted by the restrictions the government has imposed on businesses, but 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. Navigating the details of these measures – particularly on the tax side – can be challenging, and that’s why we 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.
Invested In You - Webcast 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.
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As always, please do not hesitate to reach out if you have any questions about your wealth plan or investments.