October 20, 2020

Canada Government Subsidy News For Businesses

On October 9, 2020, the Canadian government announced its intention to introduce new, targeted supports to help hard-hit businesses cope with the affects of the pandemic. […]
September 22, 2020

Canadian Emergency Wage Subsidy (CEWS) – UPDATE

If you still have questions about the Canadian Emergency Wage Subsidy (CEWS) – you’re not alone. We’ve scratched our heads a few times too! For the […]
August 19, 2020

HEADS UP – CEWS Eligibility Has Been Expanded!

As we mentioned in our July blog, the Canadian government recently extended the CEWS subsidy program until December 19, 2020. Along with the extension, they have […]
July 29, 2020

Income Tax Payment Deadlines Extended AGAIN!

The New Payment Deadline is now September 30, 2020! The CRA initially extended the payment deadlines for individual, corporate and trust income tax returns to September […]
July 22, 2020

Canadian Emergency Wage Subsidy (CEWS) – Further Extension Announced

The Canadian government has announced an extension to the CEWS subsidy. Eligible employers will now be able to claim this subsidy until December 19, 2020. We […]
June 16, 2020

The 75% Canadian Emergency Wage Subsidy (CEWS) – EXTENDED to August 29, 2020

As we outlined in our April 9 blog, a Canadian employer whose business has been affected by COVID-19 may be eligible for the Canadian Emergency Wage […]
April 21, 2020

COVID-19 Updates to Important Subsidy Programs

“75%” Canada Emergency Wage Subsidy (CEWS) The Federal government has passed into law the Canada Emergency Wage Subsidy (CEWS) as well as the 10% Temporary Wage […]
April 9, 2020

COVID-19 Support for Canadian Businesses -April 8, 2020 “75%” CEWS Update and More

Canadian Emergency Wage Subsidy (CEWS) On April 1, 2020 the government provided details on the 12-week wage subsidy. The subsidy is 75% of annual employee salary, […]
April 2, 2020

COVID-19 Support for Canadian Businesses

Our understanding of the most important provision of the current relief programs is summarized below.  This information is currently as of April 1, 2020 only. Canadian […]
March 10, 2020

Corona Virus – Because We Care, We’ll Prepare

On Wedesday, March 11, the World Health Organization declared Coronavirus a Pandemic. Scarrow Yurman & Co. wants to ensure our clients that, while not panicking, we […]
January 21, 2020

Curb the Clutter Crisis – Start Housekeeping Now!

Regular housekeeping is good for us mentally, physically and emotionally – especially when managing our personal tax paperwork. How so? Well, suppose you got a notice […]
December 9, 2019

Tax Loss Selling – Turn a Loss Into a tax Win!

When it comes to investing let’s face it, you win some, you lose some. While capital gains are always the goal, sometimes selling shares incurs a […]
November 6, 2019

Business Owners – Meet Bookkeepers of the Future!

From self check-out at the grocery store to the convenience of ATMs, many of us have come to appreciate technology that makes our lives easier. If […]
September 18, 2019

Introducing: Plooto!

No, it’s not a planet. But if you’re a small business owner, Plooto may just change your world. Plooto is a cloud-based technology that allows you […]
August 20, 2019

Cloud-Based Payroll Apps – TO THE RESCUE!

We all enjoy getting paid. However, the process to ensure everyone gets paid accurately and on time can be a challenge. If payroll is part of […]
July 30, 2019

Goodbye “Old School” Data Entry – Hello Hubdoc!

Are you up to your eyeballs keeping track of receipts, invoices and bank statements? Business owners know that the CRA requires these supporting documents to be […]
June 12, 2019

What is Cloud Accounting

Cloud accounting software is similar to desktop-based solutions, only they are hosted on the “cloud”. This means users will have access to their data from anywhere […]
May 21, 2019

Should You Steer Clear of Company Owned Vehicles?

It depends on how much business driving you do. In cases where business use is minimal, a company owned vehicle is simply a tax nightmare. The […]
April 9, 2019

The Many Hats of Small Business Owners

If you’re the owner of a small business, to say you multi-task is an understatement! The various “hats” you wear can include accounting, marketing, information technology […]
January 21, 2019

New Tax Breaks for Equipment Purchases

If your business is considering purchasing office equipment, vehicles, computers, practically any capital asset – we have fantastic news! The Department of Finance announced that as […]
November 14, 2018

Bookkeeping – Working Smart

Bookkeeping is not just entering transactions, reconciling your bank statement and saying, “I’m done!” Bookkeeping lays the foundation for everything that is extracted from your financial […]
June 20, 2018

Do You Need a Financial Advisor?

Costco, Superstore and Wal-Mart have got us used to the efficiency and convenience of one stop shopping. However, should this same concept be applied to your […]
January 2, 2018

Cloud-based Bookkeeping Software – A Word of Caution

Over the years we’ve learned that: A “server” doesn’t always refer to the person at your favourite restaurant; A “router” isn’t simply a power-tool; and a […]
August 15, 2017

Going Green in the Workplace

Green with envy – move over! We’re green with pride! The same core values Scarrow Yurman & Co. are known for, such as ethics, loyalty and […]
July 23, 2013

The Benefits of Job Costing

An important costing technique that can make your bookkeeping easier is job costing. But what, you may ask, is job costing? It is a costing technique […]
January 9, 2013

Incorporation Of The Business; The Advantages

limited liability – separates your personal assets from business and limits legal liability exposure to business assets only. Becomes even stronger factor if consider expanding the […]
November 23, 2012

A Business Use For GPS Systems

Normally you would think of a GPS system as a useful tool in your own vehicle to get you where you are going. GPS systems have […]