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We can assist you and your company apply for CERB, CEWS, Rent Relief and Provincial Programs. As well as with the one-time GST PAYMENT based on your 2018 tax return. Talk to us about preparing your:
What do I qualify for?Unfortunately, there is no easy answer for this as everyone needs to be treated on a case by case basis and everyone meets different requirements for different resources. We are here to help though. Arrange an appointment or send us a message through CONTACT US so that we can work with you to help you find the programs that will best work for you!
Rent Relief. What is it and how do I apply?The BC temporary rental supplement (BC-TRS) program is now in effect. It provides up to $500 per month to help renters and landlords during the Covid-19 pandemic. It was launched by BC Housing and has been available since March 25, 2020. The program provides a temporary rent supplement to assist eligible low to moderate income renters who are struggling to pay their rent as a result of income loss or reduction during the Covid-19 pandemic. The subsidy is paid directly to the landlords. It is available for April, May and June. To apply simply visit https://bctrs.bchousing.org/ to learn if you are eligible or not. If you need assistance regarding this feel free to arrange an appointment or send us a message through CONTACT US. We are here to help!
Tax implications of Covid-19 benefits. What will I have to pay?The government is not withholding any tax on CERB which is a $2,000 a month benefit. The amount you will be taxed depends largely on how much income you earn overall in 2020. The income you receive from CERB and from your job will be taxed in the same way. You may want to consider arranging with your employer to have extra tax deducted from your pay. The BC Emergency Benefit for Workers benefit however is a onetime payment of $1,000 and it is tax free.
Assistance in USA. What is there?Americans can be eligible for the Covid-19 economic stimulus relief check. In most cases you do not need to apply unless the IRS asks you for additional information. If you have not received your stimulus check already you can check your payment status here- https://www.irs.gov/coronavirus/economic-impact-payments For more information on Covid-19 and programs out there to assist you go to https://www.usa.gov/coronavirus If you need assistance you can arrange an appointment or send us a message through CONTACT US.
Home: About Us
Formerly Barb’s Bookkeeping – same great service under a new name!
Sunshine Valley Accounting specializes in business and personal bookkeeping, business and personal tax filing, proprietor and corporate year ends. We also specialize in the review, clean up, and reorganization of bookkeeping data, as well as forensic bookkeeping. These services, and more, are provided throughout Canada and the United States. We partner with Canadian and USA professionals to ensure our clients receive the advice needed.
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Home: Stay In The Know
STAY IN THE KNOW
Sunshine Valley Accounting makes it a point to keep abreast of relevant industry news, trends and changes. Maybe that’s how we stay ahead of the game in what we do. Here, in our News Center, our team shares all of this with you. Check out some of the latest industry news as well as our helpful accounting hints and other financial management articles.
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