Monthly Archives: December 2020

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Important Dates

By Nizam Shajani, CPA, CA, MBA Please note the following important dates are estimates only.  Please confirm your deadlines directly with your professional advisor. January 15, 2021    – December payroll remittances due January 15, 2021    – Payroll remittances for 2020 calendar year should be paid January 30, 2021    – Prescribed rate loan interest payments must…
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Financial Ratios – What They Mean for Your Business

By Nizam Shajani, CPA, CA, MBA This information is taken from the CPA resources on Financial Literacy. Understanding your financial statements is key to making good informed decisions.  Shajani LLP offers reporting based on your financial ratios that will provide key advisory services that can be a competitive advantage to your business. A common questions…
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What the CRA Said

By Nizam Shajani, CPA, CA, MBA Canada Emergency Rend Subsidy Qualifying organizations can apply directly for the new Canada Emergency Rent Subsidy (CERS) through the Canada Revenue Agency (CRA). This means qualifying organizations can apply for the subsidy without the need to claim the assistance through their landlords. Applicants can claim the subsidy retroactively for…
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Administration of Property Held for Others Under Statutory Authority  

By Nizam Shajani. CPA, CA, MBA As your parents and grandparents age, you may find yourself in a position where you need to assist them with the management of their financial affairs.  Taking on this responsibility requires an understanding of what is or may become involved in financial reporting. Passing of accounts is the process…
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