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Monday to Friday: 9 am – 5 pm. Weekend appointments available upon request.

Please call:(604) 370-0888

280-8351 Alexandra Rd, Richmond, BC V6X 3P3 Canada

Corporate Tax

How to Register for CRA My Business Account: Step-by-Step Guide | Michael Gao CPA

The CRA My Business Account is an important online service provided by the Canada Revenue Agency (CRA) for businesses.Similar to the CRA My Account for individuals, companies can use the CRA My Business Account to update business contact information, view past tax filing records, and check payment history. If the business owner already has and has activated a personal CRA My Account, they can use the same username and password

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BC Increased Employment Incentive Tax Credit: Eligibility & Calculation | Michael Gao CPA

To further stimulate employment, British Columbia (BC) has increased its wage subsidy program.Employers can now apply for a one-time tax credit.Compared to the third quarter of 2020, if you hired more employees or paid higher wages in the fourth quarter of 2020, you may be eligible to claim this benefit. BC Increased Employment Incentive Tax Credit Tax Credit Amount The tax credit amount is 15% of the increase in total

Read More »

How to Set Up CRA Direct Deposit|Personal and Business Step-by-Step Guide

CRA Direct Deposit Setup Guide Personal Accounts If you have a Canadian bank account and are expecting any of the following payments from the CRA, you can set up direct deposit to receive them electronically: Personal income tax refunds Goods and Services Tax (GST)/Harmonized Sales Tax (HST) credits and other provincial or territorial rebates Canada Child Benefit and other provincial or territorial family benefits Canada Workers Benefit (CWB) Refunds for

Read More »

COVID-19 Business Support in Canada & BC|CEBA, 10% & 75% Wage Subsidies, Rent Relief

About Jiayue Tax & Financial Planning: Jiayue Tax Planning is jointly provided by Michael Gao CPA Inc. and its affiliated firm, Citistar Wealth Management. We combine professional expertise from both sides to serve every client. With our professionalism, we help power your success. During the COVID-19 pandemic, the Government of Canada and the Province of British Columbia have introduced a series of relief programs for individuals and businesses. In our

Read More »

How to Register for CRA My Business Account: Step-by-Step Guide | Michael Gao CPA

The CRA My Business Account is an important online service provided by the Canada Revenue Agency (CRA) for businesses.Similar to the CRA My Account for individuals, companies can use the CRA My Business Account to update business contact information, view past tax filing records, and check payment history. If the business owner already has and has activated a personal CRA My Account, they can use the same username and password

Read More »

BC Increased Employment Incentive Tax Credit: Eligibility & Calculation | Michael Gao CPA

To further stimulate employment, British Columbia (BC) has increased its wage subsidy program.Employers can now apply for a one-time tax credit.Compared to the third quarter of 2020, if you hired more employees or paid higher wages in the fourth quarter of 2020, you may be eligible to claim this benefit. BC Increased Employment Incentive Tax Credit Tax Credit Amount The tax credit amount is 15% of the increase in total

Read More »

How to Set Up CRA Direct Deposit|Personal and Business Step-by-Step Guide

CRA Direct Deposit Setup Guide Personal Accounts If you have a Canadian bank account and are expecting any of the following payments from the CRA, you can set up direct deposit to receive them electronically: Personal income tax refunds Goods and Services Tax (GST)/Harmonized Sales Tax (HST) credits and other provincial or territorial rebates Canada Child Benefit and other provincial or territorial family benefits Canada Workers Benefit (CWB) Refunds for

Read More »

COVID-19 Business Support in Canada & BC|CEBA, 10% & 75% Wage Subsidies, Rent Relief

About Jiayue Tax & Financial Planning: Jiayue Tax Planning is jointly provided by Michael Gao CPA Inc. and its affiliated firm, Citistar Wealth Management. We combine professional expertise from both sides to serve every client. With our professionalism, we help power your success. During the COVID-19 pandemic, the Government of Canada and the Province of British Columbia have introduced a series of relief programs for individuals and businesses. In our

Read More »
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