We can help with your accounting needs.
How Can We Help You?
On March 18, 2020 the government and its various partners announced further measures to support Canadian businesses in these challenging times. CRA Tax Relief for Canadian Businesses The Canada Revenue Agency will allow all businesses to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after
Read More
On March 18, 2020, the Government of Canada announced that the Canada Revenue Agency will defer the filing deadline for personal income tax returns from April 30, 2020 to June 1, 2020. However, if you are expecting a refund we recommend filing your return as soon as possible. As well, if you are entitled to
Read More
On March 18, 2020, the Government of Canada announced several economic measures to assist individuals and businesses during these challenging times. These measures include the following: Temporary income support for workers and parents; Longer-term income support for workers; One-time special payment through the Goods and Service Tax (GST) credit for low and modest income families;
Read More
The Achieve Case Competition by the Ryerson University Accounting Society (RUAS) provided two days full of learning, networking and fun for students. The theme was “How innovation, automation and AI is changing the world and Accounting Profession?” Hogg, Shain & Scheck Ryerson alumni Kevin Thomas and Wendy Tran attended the
Read More
Last year, HSS packed 55 shoeboxes full of toys and supplies for children in support of Operations Christmas Child, a global initiative by Samaritan’s Purse. For this year’s holiday charity event, the firm was able to connect to pursue the opportunity to volunteer at one of HSS new clients, Second Harvest! Second Harvest’s mandate is
Read More
Ninette Bishay, Partner, Hogg, Shain & Scheck was interviewed and quoted in the fall CPA PIVOT Magazine 11, 09, 2019 Article for CPA PIVOT Magazine How #MeToo changed the workplace Two years ago, a movement to end sexual harassment took hold across the globe. Now, business leaders are facing a new paradigm. The greatest change
Read More
Hogg, Shain & Scheck are proud supporters of the Writers Guild of Canada (WGC) Screenwriting Awards. Being a gold sponsor, we are always excited to recognize Canada’s talent and emerging local artists. In the 23rd year, 2019 WGC Screenwriting Awards were held on April 29th, at the TELUS Centre for Performance and Learning’s Koerner Hall
Read More
Hogg, Shain and Scheck attended the annual Ontario Prayer Breakfast on Monday, April 15th at the Sheraton Centre Toronto Hotel. Over 800 people gathered together to support our Members of Provincial Parliament (MPPs) and City Councillors in prayer. The Christian community has been coming together for an annual breakfast since 1969 – an event that
Read More
Summary Why this sector is particularly vulnerable What the law says The role of the Board The role of management Anti-harassment policy and program Addressing complaints Training Beyond sexual harassment: Harassment includes: Sexual Bullying (though has no legal grounds) Verbal abuse Discrimination Up to the person who alleges harassment to say whether it is harassment
Read More
What is GST/HST? GST/HST is a type of value-added tax. In theory, should apply to all consumption irrespective of whether the supplier is in the for-profit or non-profit sector. There are special GST/HST provisions for the non-profit sector to exempt certain “public good” or non-commercial-like activities in an attempt to minimize the compliance burden for
Read More
3 new & revised accounting & auditing standards for charities & not-for-profit organizations Fiscal years beginning on or after January 1, 2019 Early adoption permitted 2017 annual improvements to existing ASNFPOs Section 4433 & 4434: Tangible & intangible capital assets held by charities & not-for-profit organizations The roof of an owned building HVAC
Read More
March 19, 2019 CPA Canada Federal Budget Commentary Finance Minister Bill Morneau’s message with Budget 2019 is that, thanks to the Federal Government’s investments over the past three years, things are going well — especially for the middle class: more Canadians have full-time jobs, unemployment is at historic lows, wages are growing, consumers and businesses
Read More