Nevcon Accounting has been without power since ice storms hit central and eastern Ontario on March 30th. We’ve managed – including keep up with assignments for our clients – on backup power, but have had to conserve energy.

We’re (cautiously!) happy to report that full power and services have now been restored. We’re especially grateful to the tireless efforts of Hydro One, repairing and replacing damaged infrastructure and restoring power under often challenging conditions.

Thank you again for everyone’s patience, and for checking in on our wellbeing during this adventure. We’re forging ahead to get caught up on everyone’s work in a timely fashion. Please be in touch through all regular contact methods with any questions, updates, etc.

The Temporary Wage Subsidy for Employers is a three-month measure that will allow eligible employers to reduce the amount of payroll deductions required to be remitted to the Canada Revenue Agency (CRA).

The following employers are eligible:

• Employers who are a non-profit organization, registered charity, or a Canadian-controlled private corporation (CCPC);
• have an existing business number and payroll program account with the CRA on March 18, 2020; and
• pay salary, wages, bonuses, or other remuneration to an employee.

Note: CCPCs are only eligible for the subsidy if their taxable capital employed in Canada for the preceding taxation year, calculated on an associated group basis, is less than $15 million.

Intuit’s Quickbooks provides some useful information on how to calculate this for your business.

With all the concern around COVID-19, Nevcon Accounting understands and sympathizes if you have to practice social distancing or self isolation during this time. We have decided that more online and phone meetings are appropriate for us, too. This is in line with guidelines and advice our government and medical leaders are offering about ways to minimize exposure.

We are well equipped to meet with you virtually to continue to serve your business and accounting needs. We offer many electronic ways for you to reach out to us, including:

• Give us a call at (416) 487-7996 or (705) 702-0175.
• Contact us via Facebook Messenger at https://www.facebook.com/NevconAccounting/
• Send an email message to info@nevcon.com (or existing clients can use Neil’s personal email address).
• You can also email us to set up a Skype session.
• Upload and access your documents via our newly updated client portal at: https://nevconaccountingservices.sharefile.com/Authentication/Login
• We can also give you access to our Microsoft Teams area for private chats.

Of course, if you still want to meet in person we can also arrange that.

Be safe, be well – and be in touch if you need us!