Ready Books & Consulting Ltd.

Avoiding Scams, courtesy of Royal Bank:
(it’s a bit long, but worth the read and can apply across all your bank account accounts)

“Fraud is on the rise in Canada with the evolution of technology making it easier for fraudsters to trick people out of money and information. Knowledge is power, and awareness remains the first step in protecting your finances from fraud. Here are some tips:

Bank Impersonation Scams – How to Protect yourself

A bank impersonation scam may start with a phone call, text or email from what looks to be your bank. These communications appear to come from a bank representative but be assured, an RBC representative will NEVER ask you to:

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Initiate any type of transaction on behalf of RBC.
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Provide one-time codes sent through SMS, emails, or voicemail to identify yourself.
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Download a remote access application.
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Share your PIN or login IDs.
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e-Transfer money for any reason.
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Create a new online banking password with the advisor or ask to share your password with anyone.
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Ask you to provide your debit card or credit card to a third-party, such as a courier, in order to secure your account.
To further protect yourself, set up RBC Alerts - an easy, secure way for you to quickly spot suspicious transactions or unauthorized purchases in your accounts.

Other Common Scams and Ways to Avoid Them

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Be cautious if you receive a phone call, text or email claiming to be from the Canada Revenue Agency (CRA) or other government agencies. These agencies will never threaten to arrest, deport or physically assault you or your family, nor will they demand payment in the form of fines, gift cards or bitcoin.

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Be wary of anyone who claims that your Social Insurance Number (SIN) has been compromised. Do not provide personal information such as your date of birth, address or more, as it could result in identity theft and other fraudulent activities.

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Be mindful of the promise of high or quick investment returns. That's the giveaway of most investment and crypto scams. If it seems too good to be true, it probably is. Make sure you can directly access your investment account and can independently verify performance. Confirm with your provincial securities regulator that the entity is legally permitted to offer financial services in your area.

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Always remain skeptical when faced with an out-of-ordinary or urgent request, particularly when it comes to divulging information or sending money. For example, be wary of job scams that promise a job opportunity or “training” that will make you more eligible for employment in exchange for money.

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Never sign a lease, or provide rental payment, without physically visiting the property. Avoid housing scams by researching the address of the home to ensure the listing is truthful and accurate and don’t rush into paying a deposit.”

Breaking news from CRA on various fronts related to the trade war, including BDC loans and EI work sharing initiatives. Click on the link for more detail.

Fighting for Canadian workers and businesses - Canada.ca Earlier this week, the United States administration imposed unjustified tariffs on Canada, disrupting a successful trading partnership and raising costs for Americans and Canadians alike. As the federal government, we will use every tool at our disposal so Canadian businesses and workers can weather...

Re-certification completed! 🙌

Some good news for small business for EHT

Employer health tax overview The employer health tax is an annual tax on B.C. remuneration paid to employees and former employees in a calendar year beginning on January 1, 2019.

June 1, 2023 BCs minimum wage goes to 16.75 per hr

Minimum wage In B.C., employees must be paid a minimum wage per hour unless they are a liquor server, resident caretaker, live-in home support worker or farmworker

Big news from my certification body Certified Professional Bookkeepers of Canada - CPB Canada 👊🏼👊🏼 - so important to engage a specialist to take care of business! Thanks to all the hardworking board members and staff who worked to make this move happen. 

We are excited to announce the purchase of the Canadian Institute of Bookkeeping (CIB) assets by CPB Canada and recognize the value of certifications for the bookkeeping profession in Canada. As the national certifying body for bookkeepers, CPB Canada is excited to grow our community of members across Canada.

Thank you to our incredible team members who have worked tirelessly these past few weeks to make this a reality.

We are proud to unify and build a stronger community of bookkeepers who believe in certification and professional standards and to provide CIB members with greater access to develop and grow their careers. Please join us in welcoming CIB members as part of the larger CPB Canada .

Learn more at http://ow.ly/e7q750ICcH4

Big news! CEBA loan deadline extended!

https://www.canada.ca/en/department-finance/news/2022/01/government-extends-loan-forgiveness-repayment-deadline-for-the-canada-emergency-business-account.html?fbclid=IwAR3buaHphIJILQFdX1uH8wILfa0_bQSYHoSfFkDT36QoCmh3BAU8Rikd-6Q

Government extends loan forgiveness repayment deadline for the Canada Emergency Business Account - Canada.ca The Canada Emergency Business Account (CEBA) program has provided interest-free, partially forgivable loans to nearly 900,000 small businesses and not-for-profit organizations to help them navigate the pandemic and remain resilient.

Announcement:
BC now requires 5 paid sick days per year as of January 1, 2022. I have added the shortened clip from the November 24, 2021 announcement.

https://globalnews.ca/news/8397877/bc-paid-sick-leave-program-details/?utm_medium=Facebook&utm_source=GlobalBC&fbclid=IwAR1IXyD6fmBytCEWJbqjnfnImu662ouxpT1KudA4JQ0Lj5erq7xzpo1hDuc

B.C. becomes first province to introduce five days of permanent paid sick leave | Globalnews.ca B.C. is expected to release details of a paid sick leave program for workers on Wednesday.

QuickBooks Online Re-certifications all done! 😅😅🤩💪... now time to get back to the weekend!



Intuit QuickBooks