COVID-19 Update: Mak Tax is ready to file your Income Tax via : Drop-off/By Mail 4900 Sheppard Ave East - Unit 1B Scarborough ON, M1S 4A7. Email : info@maktax.ca Phone : 416.407.3620 647.435.1087
has been proudly serving Canadians continuously for over 28 years
Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses. This subsidy starts on September 27, 2020, until June 2021 through Canada Emergency Rent Subsidy (CERS), program. The program would cover eligible fixed property expenses, including rent and interest on commercial mortgages. The amount of the subsidy would depend on the revenue losses suffered. A revenue loss of 50 per cent compared to pre-pandemic levels, would qualify a business for a subsidy of 40 per cent of eligible expenses, according to the Canadian Federation of Independent Business (CFIB).
Canadian employer who has seen a drop in revenue due to the COVID-19 pandemic, may be eligible for a subsidy to cover part of your employee wages, retroactive to March 15, 2020. This subsidy runs, until June 2021 through Canada Emergency Wage Subsidy (CEWS), program.
Canada Emergency Business Account (CEBA) offers interest-free loans up to $60,000 to small businesses and non-profit organizations. As of December 4, 2020, CEBA loans for eligible businesses will increase from $40,000 to $60,000. Businesses who have received the $40,000 CEBA loan may apply for the $20,000 expansion, which provides with an additional $20,000 in financing. All businesses have until March 31, 2021, to apply for $60,000 CEBA loan or the $20,000 expansion.
MAK TAX… Your Trusted Tax partner!
“MAK TAX & Accounting Services is a comprehensive Tax Accounting (Personal & Corporate), Payroll and Bookkeeping consulting firm geared to the needs of the Individual and Business Owner.”
MAK TAX & Accounting Services Inc.
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MAK TAX provides the peace of mind that comes from knowing that you can trust and get the best accounting and income tax services that you are paying for and that you duly deserve. We specialize in minimizing your Personal Taxes and Corporate Tax Liabilities.
If you need a professional to defend a Tax Audit, MAK TAX & Accounting Services expertise comes to the fore in handling
the tax laws efficiently to help you save on your hard earned money. Do you worry whether you are paying too much tax?
Is there any way you can control your taxes? We may just have the answer for you.
Our mission is to increase your profitability and long-term success. We value your time and money; we deliver our services on time and on budget.
Our mission is to increase your profitability and long-term success. We value your time and money; we deliver our services on time and on budget.
Enjoy peace of mind with our accurate, prompt & worry free income tax returns. Refund on the spot. E-File.
Accelerate your success and position your company for growth. Corporate Taxation & Planning, Financial Strategy, Management Consulting, Audit Support & Appeals, Human Resource Planning.
Enjoy peace of mind in knowing where your business stands at all times. Accounting, Bookkeeping, Payroll, T4 & Summary, HST, WSIB, Business Plans & Registration.
We Listen. We Care. We strive to surpass your expectations. We focus on delivering the highest standard of services at competitive prices. Fuel your success with MAK TAX Accounting Services.
Let’s be honest, paperwork can be overwhelming on top of running your business, and you might lose sight of higher profits. Don’t let paperwork get in the way of running your business.
At MAK TAX we are here to help you succeed by taking care of your income taxes and accounting so you can spend your time growing your business. Unlock the potential of your business with our comprehensive and affordable accounting solutions.
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Read MoreAt MAK TAX we understand how busy life can be so we are here to serve you 7 days a week from 9 am to 9 pm by appointment..
