Re: Ontario - Temporary Help Agency and Recruiter licensing Application

Hi Team,

I was just following up on the letter of credit.  It's the only thing I
need to process the application.

Sean

On Mon, Aug 28, 2023 at 11:25 PM Sam Naffaa <hcao.accounting@thekey.com>
wrote:

> Hi Brian, The pre-owners paid 40K in March on account for corporate tax
> but the due amount up to March 31,2022 was only $12620 ( Please see T2
> attached). I think the main excess came from this one. For accounting
> purposes, I did the below JV adjustment on August 9th, 2022. Hope
> this helps.
> [image: image.png]
> Regards,
> Sam Naffaa, CMA
> 905.337.1288
> *Please note my email has changed:*
> hcao.accounting@TheKey.com <Madhu.Vijayan@TheKey.com>
>
> TheKey.com <https://www.thekey.com/>
> [image: TheKey] <https://www.thekey.com/>
>
>
>
>
>
>
>
> On Mon, Aug 28, 2023 at 1:11 PM <brian.fialko@thekey.com> wrote:
>
>> Adding Sam to this. Sam, do you know anything about the attached?
>>
>>
>>
>> Thank you!
>>
>>
>>
>> *From:* Timothy Thomas <tt@thekey.com>
>> *Sent:* Monday, August 28, 2023 1:08 PM
>> *To:* Sean Cygan <scygan@thekey.com>
>> *Cc:* brian.fialko@thekey.com; Laszlo Kovacs <laszlo.kovacs@thekey.com>;
>> Daniel Barakat <daniel.barakat@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Scratch that, it was created instantly. See attached.
>>
>>
>>
>> On Mon, Aug 28, 2023 at 1:06 PM Sean Cygan <scygan@thekey.com> wrote:
>>
>> Thank you Tim!!!
>>
>>
>>
>> On Mon, Aug 28, 2023 at 10:05 AM Timothy Thomas <tt@thekey.com> wrote:
>>
>> I've submitted the request for the letter. Should take 48 hours.
>>
>>
>>
>> On Mon, Aug 28, 2023 at 12:29 PM <brian.fialko@thekey.com> wrote:
>>
>> We will not be able to sign into the below as we are not Canadian
>> citizens.  Tim, is there any way you can sign in?
>>
>>
>>
>>
>>
>> *From:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> *Sent:* Friday, August 25, 2023 7:01 PM
>> *To:* Sean Cygan <scygan@thekey.com>
>> *Cc:* Timothy Thomas <tt@thekey.com>; Daniel Barakat <
>> daniel.barakat@thekey.com>; Brian Fialko <brian.fialko@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Sean,
>>
>>
>>
>> Previously looped in Daniel/Brian who should be able to help.
>>
>>
>>
>> Best,
>>
>>
>>
>> On Aug 25, 2023, at 5:19 PM, Sean Cygan <scygan@thekey.com> wrote:
>>
>> 
>>
>> HI Laszlo,
>>
>>
>>
>> I'm in the same boat as you. Anything that is tax/finance related is out
>> of my realm.  That is why I reached out to finance for assistance.  So, if
>> someone from finance can please create an account, if needed at
>>
>> My Business Account
>> <https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/business-account.html> and
>> download the Filing and Balance Confirmation letter, that would be
>> wonderful. Or we can share screens and do it together.
>>
>>
>>
>> Please let me know if you have any questions and thank you for your
>> assistance.
>>
>>
>>
>> Sean
>>
>>
>>
>> On Fri, Aug 25, 2023 at 6:22 AM Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> wrote:
>>
>> Sean,
>>
>>
>>
>> Suggest you download the letter via the link provided below and raise it
>> to Daniel Barakat/Brian Fialko. Tax compliance is far out of my realm of
>> expertise.
>>
>>
>>
>> Thanks,
>>
>>
>>
>> *From:* Sean Cygan <scygan@thekey.com>
>> *Sent:* Thursday, August 24, 2023 3:37 PM
>> *To:* Timothy Thomas <tt@thekey.com>
>> *Cc:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Hi Laszlo,
>>
>>
>>
>> I have created an account in ONe-Key.  Before I can check for our
>> compliance status, they are asking for the following (Filing and Balance
>> Confirmation letter).   Is this something you can get for me?
>>
>>
>>
>> Sean
>>
>>
>> Before you check your tax compliance status
>>
>> If you file corporate income tax
>> <https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/corporation-income-tax-return.html>
>>  or GST/HST
>> <https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses.html>,
>> you are required to upload a Filing and Balance Confirmation (FBC) letter
>> issued by the Canada Revenue Agency (CRA). This letter shows if you have
>> outstanding returns or balances associated with your business number.
>>
>> Visit My Business Account
>> <https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/business-account.html> to
>> obtain the letter *before* you verify your tax compliance status.
>>
>>
>>
>> On Thu, Aug 24, 2023 at 11:21 AM Sean Cygan <scygan@thekey.com> wrote:
>>
>> We have Arya Healthy Living Inc with the Waterloo address on the
>> application.   So I will use 824550594.  Thank you
>>
>>
>>
>> On Thu, Aug 24, 2023 at 11:16 AM Timothy Thomas <tt@thekey.com> wrote:
>>
>> It's these numbers here, depending on which entity we're using. Forgive
>> me but I can't recall which one.
>>
>>
>>
>> <image001.png>
>>
>>
>>
>> On Thu, Aug 24, 2023 at 1:10 PM Sean Cygan <scygan@thekey.com> wrote:
>>
>> Tim - can you give me the business number?
>>
>>
>>
>>
>>
>> On Thu, Aug 24, 2023 at 10:02 AM Timothy Thomas <tt@thekey.com> wrote:
>>
>> Thanks Sean, I wouldn't know how to find that number unfortunately. I do
>> have the business numbers if that helps.
>>
>>
>>
>> On Thu, Aug 24, 2023 at 12:58 PM Sean Cygan <scygan@thekey.com> wrote:
>>
>> Yep - I will give it a try.  I will chat you if I need any finance
>> information - Thank you
>>
>>
>>
>> On Thu, Aug 24, 2023 at 9:54 AM Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> wrote:
>>
>> On second thought, Sean, you’re a compliance guy…why don’t you tackle
>> this tax compliance stuff and lean into accounting for support as needed.
>> I’ll work with Tim to keep moving the LOC request forward. Work for you?
>>
>>
>>
>> *From:* Sean Cygan <scygan@thekey.com>
>> *Sent:* Thursday, August 24, 2023 11:52 AM
>> *To:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> *Cc:* Timothy Thomas <tt@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Sounds good, thanks!
>>
>>
>>
>> On Thu, Aug 24, 2023 at 9:51 AM Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> wrote:
>>
>> Sean,
>>
>>
>>
>> This is new to me, but we can try to work through it.
>>
>>
>>
>> Thanks,
>>
>>
>>
>> *From:* Sean Cygan <scygan@thekey.com>
>> *Sent:* Thursday, August 24, 2023 11:49 AM
>> *To:* Timothy Thomas <tt@thekey.com>
>> *Cc:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Thank you Laszlo.
>>
>>
>>
>> We also need to obtain a Compliance Verification number.  Will you be
>> able to help with this?
>>
>>
>>
>> From the application
>>
>>
>>
>> <image002.png>
>>
>> https://www.ontario.ca/page/check-your-tax-compliance-status#section-3
>>
>>
>>
>> *Steps to verifying your tax compliance*
>>
>> Follow these steps to verify that your business or entity is tax
>> compliant. Use our instructional video
>> <https://www.youtube.com/watch?v=dSMzBv-fhKg&feature=youtu.be> to help
>> you through these steps.
>>
>>    1. Complete the E-Services
>>    <https://www.etax.fin.gov.on.ca/eServices/eServicesHome/RegisterOneKey?lang=en>
>>     Registration
>>
>>
>>    - You will receive a web access code and a personal identification
>>       number by email.
>>
>>
>>    1. Visit One-key
>>    <https://www.one-key.gov.on.ca/iaalogin/IAALogin.jsp?GAREASONCODE=-1&GARESOURCEID=ESERVICEAPP&GAURI=https://stsxaponekey.prod.sde.gov.on.ca/Mof.eServices.Tax/login> to
>>    create an account or sign in using your existing credentials
>>    2. From My Services, select E-Services
>>    3. Enter the code and personal identification number (received in
>>    Step 1)
>>    4. Select Tax Compliance Verification
>>    5. Select Request TCV Number
>>    6. Attach your FBC letter (if necessary) using the PDF available
>>    under *Alternate Format*
>>
>>
>>    - Your FBC letter must be the most recent version and in the
>>       original PDF format
>>       - Scanned images, JPGs and expired letters are not accepted
>>       - The PDF is available under Alternate format within your list of
>>       correspondence items in your My Business Account
>>       <https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/business-account.html>
>>       .
>>
>>
>>    1. Select *View Summary* to review compliance information
>>    2. Download *TCV Certificate* (optional)
>>    3. Provide an email address to receive alerts about your business or
>>    entity's compliance status and bookmark this page for future reference.
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> On Thu, Aug 24, 2023 at 8:35 AM Timothy Thomas <tt@thekey.com> wrote:
>>
>> To confirm, its $25k CAD
>>
>>
>>
>> On Wed, Aug 23, 2023 at 5:52 PM Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> wrote:
>>
>> Thanks Sean. Will get this submitted and circle back once in hand.
>>
>>
>>
>> *From:* Sean Cygan <scygan@thekey.com>
>> *Sent:* Wednesday, August 23, 2023 4:25 PM
>> *To:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> *Cc:* Timothy Thomas <tt@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Hi Laszlo,
>>
>>
>>
>> No worries.  The following are the requirements.
>>
>>
>> Letter of credit requirements
>>
>> To be acceptable, the letter of credit must:
>>
>>    - be made in favour of the Director of Employment Standards,
>>    - be issued by a bank in Canada or credit union
>>    - be electronic