covid19 | Blossom CPA

THE BLOSSOM BLOG

Updates, thoughts, and news that may interest any business owner in the Design and Build industry

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Financial Clarity with the Profit & Loss Generator: A Simple Solution for Solopreneurs

Are you a business owner juggling every part of your business, from client work to admin, with no accounting software or one that feels impo

Cash Flow Headaches in your Interior Design business?

Cash flow issues are common for interior designers due to irregular project timelines, delayed client payments, and high upfront costs...

Nov 11, 20232 min read

CEBA Repayment Deadline Approaching: Essential Steps and Tips to Ensure a Smooth Process

You may remember that the repayment dates have been pushed back a couple of times (does December 31 ,2022 and December 31, 2023 sound...

Jan 6, 20231 min read

2023 Canadian Tax Deadlines

Put these dates on your phone or calendar app of your choice. Preparation is key. Sole Proprietorship in 2022: The filing deadline is...

Oct 12, 20222 min read

Repaying COVID-19 benefits & 2022 personal taxes

It may not be too early to think about your 2022 personal income tax... if you repaid COVID -19 benefits you will want to read on... As...

Mar 2, 20212 min read

New Home Office Expense Claim Methods

After much anticipation CRA delivered two methodologies available to claim Home Office Expenses for 2020: Simplified vs Detailed. In the...

Jan 5, 20212 min read

Second Lockdown – Ontario Updates

In this January blog we decided to gather all the updates that have been just announced surrounding the second lockdown in Ontario plus...

Nov 3, 20202 min read

Canada Emergency Rent Subsidy (CERS)

The new CERS (the previous version known as CECRA) will provide direct rent and mortgage interest support to tenants and property owners...