--000000000000db7ac105af74b357 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Quick note to BDO team -- reminder to make sure all documents and notes from Tim/Timothy end up in the diligence folder. Thanks. On Wed, Sep 16, 2020 at 5:02 PM Timothy Thomas wrote: > Good afternoon, > > Please see the comments below and associated attachments from our > accountant. > > Timothy. > > ---------- Forwarded message --------- > From: Kathy Kis > Date: Wed, Sep 16, 2020 at 3:55 PM > Subject: Diligence Request > To: Tim Thomas (tthomas@homecareassistance.com) tthomas@homecareassistance.com>, Timothy Thomas (tt@homecareassistance.co= m) > > > > Hi Tim and Timothy, > > > > As requested, please see my answers to the questions pertaining to my > work, as we had discussed, in the diligence request: > > > > #6) Financial Request > > b. Balance Sheet > > ii) Accrued liabilities =E2=80=93 salary accrual used to = reduce > tax liability > > iii) fixed asset schedule =E2=80=93 please see attached > > iv) Additions are minimal, not budgeted. Purchases are > made as required. > > v) There are no significant repairs & maintenance =E2=80= =93 see > attached schedule > > vi) None > > vii) None > > #7) Tax Request > > a. General > > i) All tax filings and tax requirements are the > responsibility of Kathryn Kis, CPA, CA, the external accountant > > ii) None in the current year > > iii) Corporate Chart =E2=80=93 see attached > > iv) None > > v) None. No tax rulings were ever received. > > vi) There is one audit of car expenses that is pending. > All requests have been answered and all documents submitted. We believe i= t > has been delayed due to Covid 19. > > b. Income Taxes > > i) Copies of CRA & MRQ tax returns =E2=80=93 please s= ee > attached > > ii) Same as points a.i and a.iii > > iii) Not applicable =E2=80=93 there is no SR&ED > > iv) CRA assessment =E2=80=93 please see attached. For M= RQ, I do > not have a copy of the assessment. > > v) None > > vi) Confirmation that tax accounts are at zero =E2=80= =93 please > see attached > > vii) Corporate tax schedule =E2=80=93 please see attache= d > > viii) None > > ix) None > > x) HCA received the CEWS from the CRA due to Covid 19 = =E2=80=93 Ceridian > has the calculation > > xi) None > > > > Warm regards, > > Kathy > > > > > > Kathryn Kis, CPA, CA > > =E2=98=8E=EF=B8=8F (514) 484-7748 > > > > > > > -- > > > > Timothy Thomas > > > > Directeur de soins et d=C3=A9veloppement | > > Director of Client Care & Development > > Tel: 514.907.5065 | Fax: 514.221.4265 > > tt@homecareassistance.com | Homecareassistancemontreal.ca > > > > --=20 Lucas Motro Director of Corporate Development Home Care Assistance www.homecareassistance.com --- Read Our Testimonials Join Our Newsletter We Are Hiring! [image: https://www.linkedin.com/company/home-care-assistance/] Champions of Aging Well --000000000000db7ac105af74b357 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Q