Interest-Free Loans, and $10,000 Forgiveness.
Russell WestcottEpisode Description
Interest-Free Loans, and $10,000 Forgiveness... Wait! What?
The rules and regulations around this Federal Government program have changed, and there are many myths and misconceptions.
Do you qualify? What are the terms? What if I don't have any employees? Does this apply to Real Estate investors?
This program almost sounds too good to be true; what's the catch?
So many questions and recent changes surrounding this program, so I decided to go to one of my most knowledgeable sources when it comes to accounting and tax, Cherry Chan.
Enjoy this conversation that Cherry and I had regarding this deep and nuanced topic. You may find yourself coming back to this video often due to all the details provided.
Lean into the complexity, roll-up your sleeves, apply, you never know you may qualify.
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Resources & Links Mentioned in Episode:
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http://realestatetaxtips.ca/tips-on-how-to-prepare-for-40k-ceba-loan-application/
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https://www.buymeacoffee.com/RussellWestcott
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