Kayser Tax Services
310 McFarlane Street K9H1K4 Peterborough, ON, Canada

If you'd like to read a great article on what is in the process with the government has in place, visit grantthornton.ca - they have done a good job on outlining the subsidy's that may be available. You can also log onto your CRA web site and apply for the subsidies as well as log onto your bank for info. Deferring mortgage payments and the $40,000 loan for small business is being done through the banks. I suggest to everyone to create your own CRA account. Go to Canada.ca click on " Sign into a CRA account " and follow the instructions.

If youd like to read a great article on what is in the process with the government has in place, visit grantthornton.ca - they have done a good job on outlining the subsidys that may be available. You can also log onto your CRA web site and apply for the subsidies as well as log onto your bank for info. Deferring mortgage payments and the $40,000 loan for small business is being done through the banks. I suggest to everyone to create your own CRA account. Go to Canada.ca click on " Sign into a CRA account " and follow the instructions.

Changes to existing benefits, credits or support Goods and Services Tax credit (GSTC) payment amounts The Government will provide a one-time special payment by early May 2020 through the GSTC. This will double the maximum annual GSTC payment amounts for the 2019-20 benefit year. The average boost to income for those benefitting from this measure will be close to $400 for single individuals and close to $600 for couples. This measure will inject $5.5 billion into the economy.... Canada Child Benefit (CCB) payment amounts The Government increased the maximum annual CCB payment amounts, only for the 2019-20 benefit year, by $300 per child. The overall increase for families receiving CCB will be approximately $550 on average; these families will receive an extra $300 per child as part of their May payment. In total, this measure will deliver almost $2 billion in extra support.

Temporary wage subsidy for employers The Government announced a temporary wage subsidy for employers for a period of 3 months. Eligible employers (individuals - excluding trusts, certain partnerships, non-profit organization, registered charity, or Canadian-controlled private corporation eligible for the small business deduction) who pay salary, wages, or taxable benefits to employees, between March 18, 2020 and June 19, 2020, can reduce payroll remittances of federal, provincial, or territorial income tax by the amount of the subsidy. This measure is only applicable to remittances made to the CRA.

New benefits or support Canada Emergency Response Benefit To support workers and help businesses keep their employees, the government has proposed legislation to establish the Canada Emergency Response Benefit (CERB). This benefit would provide $2,000 a month for up to four months for workers who lose their income as a result of the COVID-19 pandemic. The CERB would be a simpler and more accessible combination of the previously announced Emergency Care Benefit and Emergency S...upport Benefit. The CERB would cover Canadians who have lost their job, are sick, quarantined, or taking care of someone who is sick with COVID-19, as well as working parents who must stay home without pay to care for children who are sick or at home because of school and daycare closures. The CERB would apply to wage earners, as well as contract workers and self-employed individuals who would not otherwise be eligible for Employment Insurance (EI).

File early if possible File your income tax and benefit return electronically before June 1, 2020 to make sure your benefits and credits are not interrupted. Register for direct deposit on CRAs My Account for the quickest and most reliable way to get benefit and credit payments.... Allow up to 5 business days after the scheduled payment date to receive your benefit or credit payment before calling us.

https://www.youtube.com/watch?v=Jeu5sc5lYvA&feature=youtu.be

My Nephew ( RJ) and I would like to thank everyone for a great 1st year in business. We are offering all of our family and friends 25% off Floats. Its a fantastic Christmas gift to those you would like to pamper. To learn more about the floating experience and the health benefits related to flotation therapy, click on this link and the video will explain. https://www.youtube.com/watch?v=kPgTiYZXGtY#action=share... Call Flowspa today to take advantage of this offer (705) 230-8575. We are located at 866 Chemong Road in the Spirit Plaza. Merry Christmas from FlowSpa

DIRECT DEPOSIT This is the last year that Canada Revenue is going to mail out paper cheques. When you come in to get your income tax prepared, bring along a void cheque or direct deposit info and I can enter that when I prepare your tax return. The last month for CRA to issue paper cheques is May of 2019. Any questions call 705-755-0100 or e-mail me [email protected] - please share this to all your friends to keep them informed. Thanks,

Today is the 1st day of Tax Season. If you have any questions or require any advice before filing, please call me at 705-755-0100 or you can e-mail [email protected]. Please share my posts so I can help any others who require assistance with filing their tax return. Have a professional prepare your tax return can prove to be invaluable.

RRSP Season is happening right now and KAYSER Tax can help you with that. We now have a licensed Financial adviser working with us. How does getting up to 45% of your contribution back on your tax refund. Best return on investment you can make & build up your retirement plan. You have unitl March 1st to make your contributions. Call today 705-755-0100 or e-mail [email protected] for more information. Please share this post.

Tax season is rapidly approaching and KAYSER Tax is here to answer any questions you may have prior to getting you income tax prepared. Feel free to call us any time @ 705-755-0100 or you can e-mail [email protected] . We will get back to you quickly with the answers to all you tax questions.

Make this tax season stress free! All Kayser Financial clients will receive a coupon code for $10 off their first float therapy session at Flow Spa. Visit flowspa.ca and scroll down to watch the "What Is Floating" video to learn more! https://www.flowspa.ca/

As a full service accounting firm we offer book keeping services including payroll, Hst, WSIB and source deductions. We work with proprietors & incorporations. Filing of all the types of tax returns. Small business, rental Corporate T2s & trust returns. We have recently become a licensed mortgage brokerage. If your having trouble dealing with the banks on refinancing or getting a mortgage give us a shout and Im certain we can help. 705-755-0100

If you have a business and are looking for an accounting firm, we are a one stop shop.. bookkeeping, payroll, HST - small businesses & Incorporations. No client to large or to small. Call 705-755-0100

Tax season is here again for another year. Again, the government has made more changes, some in favor of the tax payer and as usual they have taken a few credits away. KAYSER Tax is open 7 days / week from 9am - 7pm. If you would like to have your tax return prepared, please call the office to book an appointment 705-755-0100 or you can e-mail me [email protected] to book your appointment. If you have any questions prior to booking your appointment, please give the office a call and we will answer any questions. We are always taking on new clients so if you have a family members or friends who are in need of a tax professional, please share or pass my contact info and Ill help anyone who requires tax preparation.

Cogeco e-mail is down - if you are trying to contact us and your e-mail bounced, please try again later this evening. We have been able to receive e-mails since Monday evening.

Reporting the sale of your principal residence for individuals (other than trusts) On October 3, 2016, the Government announced an administrative change to Canada Revenue Agencys reporting requirements for the sale of a principal residence. When you sell your principal residence or when you are considered to have sold it, usually you do not have to report the sale on your income tax and benefit return and you do not have to pay tax on any gain from the sale. This is the case... if you are eligible for the full income tax exemption (principal residence exemption) because the property was your principal residence for every year you owned it. Starting with the 2016 tax year, generally due by late April 2017, you will be required to report basic information (date of acquisition, proceeds of disposition and description of the property) on your income tax and benefit return when you sell your principal residence to claim the full principal residence exemption.

Know how to recognize a scam There are many fraud types, including new ones invented daily. Taxpayers should be vigilant when they receive, either by telephone, mail, text message or email, a fraudulent communication that claims to be from the Canada Revenue Agency (CRA) requesting personal information such as a social insurance number, credit card number, bank account number, or passport number.... These scams may insist that this personal information is needed so that the taxpayer can receive a refund or a benefit payment. Cases of fraudulent communication could also involve threatening or coercive language to scare individuals into paying fictitious debt to the CRA. Other communications urge taxpayers to visit a fake CRA website where the taxpayer is then asked to verify their identity by entering personal information. These are scams and taxpayers should never respond to these fraudulent communications or click on any of the links provided.

Tax Time is here again and Kayser Tax Services is offering the same prices as last year. We are always taking on new clients - if you family or friends require a tax professional to help prepare their 2016 or prior years returns, please do not hesitate to recommend us.. all referrals are greatly appreciated. Call to book your appointment.

http://gsps.ca/EN/News/index.aspx 70 Arrested in India at CRA Phone Scam Call Centr gsps.ca 70 Arrested in India at CRA Phone Scam Call Centr

The Tax deadline was on April 30th, but less than 60% of all Canadians filed the 2015 Income tax returns. We are open all year long to help people file their returns. If you late and ashamed, dont be call Kayser Tax. If you have not filed for 5 or 10 years.. no worries call Kayser Tax. Were open all year to help people get their tax refunds. 705 755 0100

As of May 1st, 2016 - CRA will not issue paper cheques any longer. When you get your income tax prepared this year remember to bring your banking information for direct deposit so you get all the monies you are entitled to.. any questions please call us at 705-755-0100

Tax season starts on February 15th..Give us a call to set up an appointment when you receive all your tax slips. Take advantage of a professional to prepare your income tax returns. We know the ins and outs of getting every tax credit possible. Dont leave money on the table.. If you have any questions, give us a call and well get the answers you need.

Its getting close to " Tax Time " once again.. If you have any questions pertaining to this years income tax laws or need help in figuring out how much RRSP to purchase to help reduce tax, please give us a call at 705-755-0100 or you can e-mail me at [email protected]

TAX DEADLINE EXTENSION FYI.. CRA HAS EXTENDED the tax season this year until midnight on May 5th. Any person owing money is suppose to pay it by that date. If you have any questions, you can call 705 755 0100 and ask us questions.

Eligible Medical Expenses.. Air conditioner, Air filters, Ambulance Services, Animals, Assisted breathing devices, Attendant care, Baby breathing monitors, Bathroom aids, Bone marrow transplant, Breast prosthesis, Chairs, Cosmetic surgery, Travelling to a hospital.. If you have any questions about these Eligible Medical Expenses, please do not hesitate to ask.. call 705-755-0100

Medical Travel .... If you had to travel at least 40 kilometres (one way) from your home to obtain medical services, you may be able to claim the public transportation expenses you paid (for example, taxis, bus, or train) as medical expenses. Where public transportation is not readily available, you may be able to claim vehicle expenses. If you had to travel at least 80 kilometres (one way) from your home to obtain medical services, you may be able to claim accommodation, meal, and parking expenses in addition to your transportation expenses as medical expenses.

Disability Tax Credit.. Do you have a family member who lives with a disability? Walking problems, severe arthritis, strokes, Autism and heart diseases are just a few of the disabilities that are recognized by CRA. KAYSER Tax Services can help you get these disabilities approved with CRA and receive up to $15,000 in retroactive tax refunds.