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THINK Insights

Check out the latest articles from our CPA team, focusing on providing the most relevant accounting and tax advice for individuals, families, and businesses.

CEWS Extension – Details and Takeaways

CEWS Extension – Details and Takeaways

Backgrounder: CEWS Extension - Speech from the Throne: Commitment to extend the Canada Emergency Wage Subsidy (CEWS) The government’s Speech from the Throne confirmed its intention to extend the CEWS until June 2021;On October 14, 2020,...

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GST/HST Quick Method – Simplicity and Savings!

GST/HST Quick Method – Simplicity and Savings!

When you use the GST/HST quick method for your business, you still charge the applicable GST and HST on your supplies of taxable goods and services. However, to calculate the amount of GST/HST payable, multiply the revenue from your supplies (including the GST/HST) for the reporting period by the quick method remittance rate, or rates, that apply to your situation.

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Government Grants For Small Businesses

Government Grants For Small Businesses

Has the thought of hiring interns crossed your mind? Each year you hope to accomplish many projects, but your employees are already swamped with loads of work. Cash flow is always tight and your start-up or growing organization needs all...

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How To Navigate A CRA Audit?

How To Navigate A CRA Audit?

The words “CRA Audit” carries a negative connotation for most. Perhaps, you get cold feet when you receive a letter from the Canada Revenue Agency (“CRA”). A letter from CRA could merely be an information request letter. However, this...

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Think Accounting’s Oakville Expansion

Think Accounting’s Oakville Expansion

8/2/2018 10:00 Mississauga, Ontario, August 2, 2018 – Think Accounting and Consulting Professional Corporation (“Think Accounting” or the “Firm”) is pleased to announce that it has completed the acquisition of an established accounting...

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