The complications resulting from the COVID-19 pandemic are evolving at a rapid pace. As new information becomes available, we will continue to adapt to how we manage our business. Accordingly – we will communicate these changes to you. Our top priority is to look after our practitioners and our clients.
We request that you continue to communicate with us regarding your questions and needs during this time so that we can do our best to continue to deliver the high-quality service that you are accustomed to.
As of today, KPCPA is taking the following actions to minimize the potential impact of COVID-19:
Day-to-day operations:
We have mandated that our employees work remotely, except for critical business functions, whereby staff will only be situated in our office location on a rotational basis.
We continue to be equipped with all the tools and technology necessary to work remotely and will continue to bring value to your organization with the least disruption possible.
Meetings:
We recommend that you follow the best practices outlined by the Government of Canada to ensure your safety, as well as the safety of our practitioners. Where possible, we are taking a virtual approach to meetings to continue to service and accommodate your needs.
Client correspondence and deliverables:
We are excited to announce that we have expanded our practice management system to include a firm Portal, which can securely share documents, data, reports, authorization forms and financial statements electronically. We will begin implementing DocuSign technology to enable the electronic signing of documents that you have previously been signing in-person.
The Portal can also be used by clients to upload documents, reports, and supporting documentation to us. Alternatively, you may continue to e-mail us documents directly to info@kpcpa.ca.
Travel:
We require our employees to avoid non-essential work travel, except in rare cases. We are happy to work with you to arrange alternative ways to meet as well as make use of technology to better facilitate those discussions. On a case-by-case basis, we are still equipped to meet with you in-person, however, this is discouraged by our regulatory institute.
Have questions?
If you are looking for more information regarding KPCPA’s response, please consult our website at kpcpa.ca or reach out directly to info@kpcpa.ca.
Recent Articles
The Government of Canada has announced temporary goods and services tax / harmonized sales tax (“GST/HST”) relief {{view-more}} on children’s clothing, toys, games, books, food and beverages.
Canadian businesses will be required reduce GST/HST to zero on a variety of qualifying products between December 14, 2024, to February 15, 2025. {{view-more-end}}
Capital gains inclusion rate The capital gains inclusion rate will increase from 50% to 66.67% for capital gains realized on…
K&P CPAs, a boutique licensed public accounting and valuations firm based in Toronto, Canada, is pleased to announce its adoption…
Introduction Canada is currently experiencing a significant demographic shift that is reshaping the landscape of wealth distribution: the inter-generational transfer…
Introduction Clients often approach us inquiring about what a business valuation entails. Their interest stems from many situations that include:…
Introduction Business owners often benchmark their businesses against a rule of thumb to identify a preliminary valuation for their business….
Businesses must repay their CEBA loan by January 18, 2024, to be eligible for the forgivable portion of the loan….
Certain trusts, including bare trusts, that were previously not required to file a trust return, will be required to do…
Bare trusts will be required to file a T3 Return, and report beneficial ownership information on Schedule 15. The new…
On October 19th, 2021, the Government of Ontario launched the Ontario Business Registry online service to provide businesses and not-for-profit…
The Minister of National Revenue has extended the deadline until April 30, 2024, for owners affected by the Underused Housing…