Category Archives: News

Take a look at our services and service packages

A bespectacled Jack Russell terrier sits at a computer keyboard, looking darned adorable

Nevcon Accounting is pleased to present its newly revamped selection of services and service packages, designed to work with how you work. Some business owners prefer full service accounting, while others need specific assistance with bookkeeping, financial statements and/or tax returns (business and personal). Nevcon is equipped to provide any and all, as you need them.

As you review our offerings, you’ll see that we invite you to fill in a brief online questionnaire. Not only are these kind of fun to fill out (OK, we’re nerds!), but our questionnaires help us to learn a bit about your requirements and expectations before we meet online. This makes best use of time for busy people and helps us serve you best.

Looking forward to hearing from you soon!

Power on / Open today!

We’re happy to report that our power is back on, and we’re back in business today. Be in touch for all your accounting questions and requirements, as usual.

We have our fingers crossed that all friends and colleagues will have their power restored soon. Kudos to the repair and technical folks working hard to get the lights back on everywhere!

Links to key 2022 Federal Budget coverage

Nevcon Accounting is pleased to provide the following links to articles, analyses and more, to help you learn more about the 2022 Federal Budget, delivered April 7, 2022.

Links to key 2021 Federal Budget coverage

Nevcon Accounting is pleased to provide the following links to articles, analyses and more, to help you learn more about the 2021 Federal Budget, delivered April 19, 2021.

Create effective passwords, manage them well … and sleep better at night!

A recent series of cyberattacks on the Government of Canada web site used a method called “credential stuffing” to compromise the personal information of thousands of Canadians. The attacks shut down Canada Revenue Agency (CRA) and GCKey online portals for several days and caused worry and confusion.

Credential stuffing takes advantage of the fact that many people use the same or similar passwords for multiple online accounts. Bearing in mind how vulnerable that could leave you, it might be time to give some good and considered thought to updating and diversifying your passwords to important accounts and services. You can google lots of good advice – here is an article that we think is useful: Top 15 Password Management Best Practices (from Beyond Trust).

On top of creating unique and strong passwords, it’s useful to organize and manage them all. Here are some tools and services we recommend investigating for your password management needs:

Password best practices and management makes for excellent peace of mind!

Keeping you up-to-date on small business news in response to the pandemic

As we’re sure you may have already heard, Prime Minister Justin Trudeau made some announcements this morning (March 27, 2020) about additional programs available to support small businesses. What these programs will have to offer could possibly be substantial to you, so we understand completely that you would like to know what this means to you. Unfortunately, the government has not yet released a lot of details, so we’re not able to answer with any accuracy whether you qualify, or whether it will benefit you.

Please bear with us and all of our accounting and bookkeeping colleagues (who are working together and sharing insights) as more information comes out over the next several days. We promise that as we learn more information about what will impact your business, you will be the first to know.

Here is what we do know so far:

  • Temporary Wage Subsidy – Originally introduced at 10% retroactive to March 18th, this new announcement brings the Temporary Wage Subsidy up to 75% retroactive to March 15th. There are no details yet on qualification, caps, or time period.
  • Small Business Loans – Up to $40K, government backed, interest free for one year, up to $10K could be forgiven – is what we know at this point. No additional details have been given as yet.
  • GST/HST Payments – These payments will be eferred until June 1st. Filings are still due, only payments are deferred.
  • Taxes/Duties on Imports – Payments are deferred until June 1st.
  • Bank of Canada has also cut the interest rate – down to 0.25%.

Thank you for your patience as we work to get more information. Wishing you and yours safety and good health as we all make our way through these unprecedented times.